Your Virtual Credit Manager

MARCH 4, 2025

We often talk about the importance of having an efficient and effective collection process and how, from a process improvement perspective, collections automation provides substantial benefits. Bad debt losses were understandably huge. Collections was looked upon as a housekeeping function.

Bad Debt 130

Bad Debt Credit and Collections Accounts Receivable (AR) Collector 130

Your Virtual Credit Manager

JANUARY 3, 2023

The first month after GetPaid was implemented, July 1994, the client collected $7 million dollars more than anticipated. This included a 100 percent increase in past due collected. During 1995, DSO was reduced by an additional 10 percent, and bad-debt write-offs cut in half.

AR Automation 130

AR Automation Collector Credit and Collections Bad Debt 130

MNS Credit Management Group

MAY 28, 2022

The latest modification to Reg F, lenders’ digital-first strategy to engaging with consumers, and the improving economy are all going to make things more difficult for third-party collectors. What is the Operating system for Debt Collection? A smart outbound system can increase debt recovery up to three or four times.

Debt Collections 52

Debt Collections Collector Credit and Collections Bad Debt 52