SAP Credit Management

FEBRUARY 5, 2023

In S/4HANA Service Service Order, there are many types of postings possible Material Labor Expense Item This blog is about how expense items are created and posted in a Service Order. This is old “OP 2020” In this release Internal Order is the cost collector. In various industries they capture different expenses.

Collector 152

Collector 152

RMAi Blog

OCTOBER 11, 2024

It provides collectors with the tools to manage the collection and recovery process. Latitude deploys a true zero-footprint, browser-based environment for collectors and agents. About Latitude by Genesys Latitude by Genesys® is a comprehensive debt collection and recovery solution for managing all receivables processes.

Collector 147

Collector Debt Collections 147

RMAi Blog

OCTOBER 22, 2024

Earlier today, the New York City Department of Consumer & Worker Protection (DCWP) announced that they are going to delay enforcement of the new Debt Collector Rules until April 1, 2025. However, delayed enforcement should not be confused with delayed enactment. The effective date for the new rule remains December 1, 2024.

Debt Collections 130

Debt Collections Collector 130

SAP Credit Management

AUGUST 9, 2023

Additionally, the data collector provides filter capabilities to exclude system files, such as SAP-transport-management-related file accesses. The data collection phase for the flat file interfaces does not interfere with or extend the execution runtime of other SAP Readiness Check data collectors.

Collector 135

Collector Dashboards Transactions 135

RMAi Blog

FEBRUARY 6, 2023

By Sourabh Gupta *Sponsored Blog Post* Confronted with growing challenges, financial institutions across the U.S. Fortunately, voice technology may have the answer to most of the core challenges faced by collectors. It’s time for debt collectors to explore the potential impact of Voice AI.

Debt Collections 100

Debt Collections Collector Credit and Collections 100

SAP Credit Management

JULY 19, 2023

I want to leave the description that brief since there loads documents and blogs describing how one can benefit of having implemented Central Finance. In addition to that table VISCCC is needed to also have the relevant OBJNR or cost collectors, i.e. settlement units. Actually not all data is needed from table VICAINTRENO.

Collector 114

Collector Transactions 114

RMAi Blog

SEPTEMBER 13, 2024

California SB 1286 – This bill would expand the scope of the Rosenthal Fair Debt Collection Practices Act to prohibit debt collectors from engaging in unfair or deceptive acts or practices in the collection of commercial debts owed by a natural person of $500,000 or less that were entered into, renewed, sold, or assigned on or after July 1, 2025.

Collector 130

Collector Law Firms Credit and Collections Debt Collections 130

RMAi Blog

OCTOBER 21, 2024

Since the rule’s adoption, RMAI, ACA International, and the New York State Collectors Association have been in joint communication with DCWP where we have expressed serious concern about the ability to operationalize the rule by its December 1 st effective date as well as confusing and contradictory provisions contained therein.

Collector 130

Collector Debt Collections 130

SAP Credit Management

SEPTEMBER 5, 2023

Here is a list of countries that have enacted data protection laws: Source: In-Country blog United States : There is no comprehensive federal data protection law in the United States. In addition, they must provide detailed notices regarding the purposes and rights of data collectors to data principals.

Collector 183

Collector Dashboards 183

RMAi Blog

AUGUST 16, 2024

Based on the perceived difficulty in complying with the onerous provisions contained in the regulations, RMAI would not be surprised if some debt collectors switched to a litigation model or simply decided to forgo collections in New York City. The rule takes effect on December 1, 2024.

Debt Collections 130

Debt Collections Collector 130

RMAi Blog

SEPTEMBER 25, 2024

Rosenthal Fair Debt Collection Practices Act relating to commercial debts California SB 1286 – This bill would expand the scope of the Rosenthal Fair Debt Collection Practices Act to prohibit debt collectors from engaging in unfair or deceptive acts or practices in the collection of commercial debts owed by a natural person of $500,000 or less that (..)

Credit Reporting Agencies 130

Credit Reporting Agencies Medical Billing Debt Collections Credit and Collections 130

SAP Credit Management

AUGUST 24, 2023

Price differences, product cost collector (PRP) During settlement accounting with regard to a product cost collector in repetitive manufacturing, price differences are posted with the transaction PRP in the case of the valuated sales order stock. Try few documents and your Basic FI-SD integration concept will be Clear.

Collector 142

Collector Transactions Default Order to Cash 142

SAP Credit Management

DECEMBER 20, 2022

I am a collector of old computers and software and have a passion for these vintage systems. The goal of this blog post was not to conduct a thorough analysis of a software that was released almost 30 years ago. Final thoughts.

Collector 154

Collector Transactions Default 154

SAP Credit Management

JULY 26, 2023

This blog compiles all the major feature changes that were introduced between Java 11 to Java 17. The Z Garbage Collector (ZGC) is no longer an experimental feature. Introduction : The goal of OpenJdk organisation is to develop updates for the Java Development Kit (JDK) Project. Compact number formattiing support. (1k,1M

Collector 105

Collector Default 105

Waystar

MARCH 15, 2023

This is the third post in a new Waystar blog series: 7 steps to sharpen your healthcare revenue cycle. Can’t wait for a new blog each week? If you can make this move, consider a change in title — your collectors become “financial advocates,” a more patient-friendly term. PAtient financial experience TIP: 3.

Collector 98

Collector Credit and Collections Bad Debt Deductions 98

JSP Credit Management

FEBRUARY 3, 2022

A debt collector works to make sure debts are paid and debtors’ rights are protected. Debt collectors can only perform certain activities in order to enforce debts. For the economy to function well, people have to be able to borrow money and also have to be able to pay off their debts.

Debt Collections 52

Debt Collections Collector Credit and Collections Credit Risk 52

RMAi Blog

OCTOBER 14, 2024

In This Update Earlier this month, the CFPB issued an Advisory Opinion reminding debt collectors of their obligation to comply with the Fair Debt Collection Practices Act and Reg F’s prohibitions on false, deceptive, or misleading representations in the collection of medical debt (see RMAI’s October 4, 2024 Member Alert ).

Credit and Collections 130

Credit and Collections Law Firms Collector Credit Reporting Agencies 130

RMAi Blog

MAY 1, 2023

Her introduction to the industry began when she answered a newspaper ad for a librarian at a “private company”, which happened to be the American Collectors Association. Debra Ciskey. 2023 marks Debra’s 43rd year working in the collection industry.

Collector 130

Collector 130

RMAi Blog

MAY 12, 2023

A debt collector unaware of the discharge, allegedly due to a bona fide error, sent several collection letters to the consumer regarding the past-due rent. The consumer filed a lawsuit claiming the debt collector, by seeking payment following the discharge, “violated 15 U.S.C. Mendelson Firm, PLLC | TN Dynamic Collectors, Inc. |

Collector 100

Collector Credit and Collections Law Firms Debt Collections 100

RMAi Blog

APRIL 4, 2023

Defendants cited subsections within the FDCPA which allow debt collectors to serve legal processes on consumers and use telephones and telegrams to communicate with consumers, further noting that the communication in question was not an attempt to collect a debt (dunning letter).

Collector 100

Collector Debt Collections 100

RMAi Blog

MARCH 14, 2023

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies.

Collector 100

Collector Law Firms Credit and Collections Debt Collections 100

Reorg Blog

DECEMBER 12, 2023

The post Debt Collector Sector Review (Part II): High Rates, Low NPL Prices Imply Unsustainable Capital Structures; Reorg Constructive on Intrum, DoValue, Arrow Global on RV Basis; Cautious on Lowell, DDM Due to Refinancing and Operating Risk appeared first on Reorg.

Collector 52

Collector 52

Reorg Blog

DECEMBER 12, 2023

The post Debt Collector Sector Review (Part II): High Rates, Low NPL Prices Imply Unsustainable Capital Structures; Reorg Constructive on Intrum, DoValue, Arrow Global on RV Basis; Cautious on Lowell, DDM Due to Refinancing and Operating Risk appeared first on Reorg.

Collector 52

Collector 52

RMAi Blog

APRIL 12, 2023

Nevada AB 223 – This bill would require debt collectors to provide a payoff letter within 10-days of a consumer request. New York AB 1035 – This bill would prohibit debt collectors from communicating with consumers through the use of email, text messaging, or private communication tools offered by social media companies. NPAS, Inc. ,

Law Firms 100

Law Firms Collector Credit and Collections Default 100

SAP Credit Management

DECEMBER 26, 2022

In this blog, I wish to discuss the high-level technical details on ZDO upgrades/updates that can be performed by any basis expert who has completed the learning journey and assessment ADM330. NOTE: This blog must be used to attain high-level knowledge of ZDO upgrades. This blog is targeted to answer the below questions.

Collector 152

Collector Default Transactions 152

RMAi Blog

FEBRUARY 3, 2023

Owner, corporate officer or senior-level employees of debt collector licensees or applicants. Small and large agencies. Representation of different industry segments required to be licensed, including third-party collection agencies, debt buying companies (preference for Receivables Management Certification Program), collection law firms.

Third Party Collections 100

Third Party Collections Debt Collections Law Firms Collector 100

RMAi Blog

JANUARY 13, 2023

Here are some recently introduced bills that might be of interest: New York SB 171 – This bill would create a private right of action against originating creditors and debt collectors for a violation of the Debt Collection Procedures Act. There, the plaintiff sued after a debt collector used letter vendor to send a collection letter.

Law Firms 100

Law Firms Collector Credit and Collections Debt Collections 100

The Esker Blog

JANUARY 5, 2023

These rare and expensive French automata continue to attract collectors from around the world. The period from 1860 to 1910 is known as “The Golden Age of Automata”. In Paris, many small family-based companies of automata makers flourished. There are lots, and I mean lots, of technologies to choose from.

Collector 98

Collector 98

Eastern Credit Management Services

FEBRUARY 2, 2024

In this blog post, we’ll explore the significance of these seminars and how they contribute to the success of individuals and organizations in the field. Compliance with local, provincial, and federal laws is paramount in debt collection, and attending seminars ensures that collectors are well-versed in the latest regulations.

Collector 52

Collector Debt Collections Credit and Collections Credit Management 52

JSP Credit Management

NOVEMBER 15, 2021

An ever-increasing workload has placed some pressure on our ability to meet some of our usual deadlines, such as our weekly blog, for example. However, and despite what the title of this blog may suggest, we have not decided to abandon credit management for a career in tourism or life coaching. We think that is how it should be.

Collector 52

Collector Credit and Collections Bad Debt DSO 52

JSP Credit Management

FEBRUARY 10, 2022

Have a quick scan through some of our blogs over the last 10 months or so and you will notice repeated references to the industries we have worked with and in over the years (before JSP Credit Management became a company). The purpose of this blog is to answer that very question. But why do we mention it? To get into it then.

Collector 52

Collector Debt Collections Credit and Collections Credit Management 52

JSP Credit Management

JANUARY 10, 2022

This blog below is going to explore that change in more detail, and more specifically how it has affected the commercial debt collection industry. We suspect that some readers of this blog will be reading this thinking that not much has changed in that regard. It was not innovative.

Debt Collections 52

Debt Collections Collector Credit and Collections Credit Management 52

Reorg Blog

FEBRUARY 13, 2024

Investors are wondering how Swedish debt collector Intrum is going to manage its upcoming maturity wall. While the group has committed to a deleveraging strategy, its implementation seems to be going behind schedule.

Collector 59

Collector 59

JSP Credit Management

JANUARY 28, 2022

But before we do, allow us to note, some of those consequences have the potential to be very serious to some creditors, and that is part of the reasons we are writing this blog. Were not judging that response in this blog, were just identifying it. On other occasions they might take a bit more persuasion.

Collector 52

Collector Credit Risk Credit Management Transactions 52

CreditStrong for Business

FEBRUARY 25, 2025

Heres how it works: Send a written request to the collection agency asking to settle the debt in exchange for deleting it from your report Wait for a written response from the collector before taking any next steps Wait for Seven Years It takes seven years for collection accounts to age off, after which they automatically fall off your account.

Credit Scoring 52

Credit Scoring Credit and Collections Medical Billing Collector 52

Reorg Blog

MARCH 25, 2024

Swedish debt collector Intrum’s bondholders have split into two groups, with investors across the 2024 and 2025 notes forming a front-end group and lining up Weil Gotshal & Manges as legal advisor, sources told Reorg.

Collector 59

Collector 59

Eastern Credit Management Services

OCTOBER 3, 2023

In this blog, we will delve into the pros and cons of outsourcing versus in-house debt collection, helping you make an informed decision that aligns with your business goals. Improved Cash Flow: Professional debt collectors have the skills to recover outstanding debts efficiently.

Debt Collections 52

Debt Collections Third Party Collections Collector Credit and Collections 52