Eastern Credit Management Services

OCTOBER 3, 2023

Should they handle it in-house or outsource it to a professional debt collection agency like Eastern Credit Management Services (ECMS)? 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.

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Debt Collections Third Party Collections Collector Credit and Collections 52

SAP Credit Management

JANUARY 6, 2023

More information about the topic Missing Statistics will follow in a separate blog article. For all database systems where the owner of the DBA Cockpit is Baldr we show the Baldr Version on the Instance Overview Plugin and on the screen Data Collectors and Admin Procedures. Figure 1: Features of the Screen Missing Statistics.

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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?

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Collector Debt Collections Credit and Collections Credit Management 52

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. |

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Collector Credit and Collections Law Firms Debt Collections 130

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.

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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

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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.

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Debt Collections Collector Credit and Collections Credit Management 52

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.

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JSP Credit Management

MARCH 16, 2022

Some recent experiences at a couple of those events have inspired us to write this blog. As you will learn when we delve into them below, it is more than possible for these two credit management functions to co-exist with, or even complement each other within the same company. Here is the rest of the story.

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Debt Collections Credit and Collections Collector Credit Management 52

billtrust

JANUARY 11, 2023

Billtrust Credit. We offer web-based application forms that speed customer onboarding and data-driven recommendations that help credit managers make faster, better decisions. We help you keep your customers (and collectors) on track with automated payment reminders, searchable histories and daily prioritized task lists.

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AR Automation Order to Cash Collector Cash Applicator 52

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.

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TreviPay

SEPTEMBER 18, 2024

By offering protection against non-payment, trade credit insurance helps businesses avoid financial strain, improve cash flow and maintain a stable credit management process. How Does Trade Credit Insurance Work? This stability allows for better financial planning and operational management.

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Bad Debt Default Credit and Collections Export Credit 52

JSP Credit Management

JANUARY 28, 2022

Our response was that an AWOL debtor is the single biggest reason that JSP Credit Management will themselves be engaged by a creditor who has exhausted all their own available time and resources on the debt itself. Were not judging that response in this blog, were just identifying it. So, what is an AWOL debtor?

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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.

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JSP Credit Management

SEPTEMBER 28, 2021

We could not think of a more enticing headline to a blog if we tried, so please forgive the clickbait, but this week’s blog is much more than that. Doing 30 of these a day is realistic by anybody’s standards, and more are often achievable and expected of debt collectors in their roles. So, time for the big reveal.

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Credit and Collections Collector Bad Debt Debt Collections 52

JSP Credit Management

JUNE 27, 2022

Some of our more avid readers, will know that we get our inspiration for our blogs from all manner of places. Then came our venture into self-employment when JSP Credit Management was born in April 2021. This time however, our inspiration has come from much closer to home, and it has to do with how we decide upon our approach.

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Debt Collections Credit and Collections Collector Credit Management 52

Onguard

FEBRUARY 23, 2023

The report below would tell you that not only are you constantly operating outside of your standard credit terms of say 60 days but that despite significant improvements made during the current year, there is still a long way to go to and a lot of delinquent DSO (improved cash flow) that can be squeezed out of your business.

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DSO Sales Weighted DSO Credit and Collections Collector 40

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.

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The Esker Blog

JANUARY 10, 2023

Historically, the processes within collections, cash application and credit management are highly manual. This often leaves customers without noticeably high balances or long past-due invoices receiving limited collections touches, forcing collectors to be more reactive than proactive. Reassess receivables.

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AR Aging Accounts Receivable (AR) Credit and Collections AR Automation 95

JSP Credit Management

APRIL 19, 2022

JSP Credit Management's journey so far has taken some unexpected turns in its short lifespan. Don't worry, this is not a "don’t listen to your business plan" blog. Well, many of them do in fact, but were focusing on one particular question for the purpose of this blog. We are big advocates of having a business plan.

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Debt Collections Credit and Collections Collector Bad Debt 52

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.

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Collector Law Firms Credit and Collections Debt Collections 130

RMAi Blog

APRIL 12, 2023

Through the efforts of RMAI, our Colorado lobbyist, and other industry partners we were able to get an exemption for credit card debt unless the credit card was offered specifically for the payment of health-care services or health-care goods. RMAI was able to obtain some modest amendments; however, we remain in opposition. The U.S.

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Law Firms Collector Credit and Collections Default 130

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. Preferred Collection and Management Services, Inc. (Hunstein III) , 48 F.4th 4th 823 (10th Cir.

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