Tue.Mar 04, 2025

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How Are Your Customers Doing?

Your Virtual Credit Manager

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. We don’t, however, want to minimize the importance of the credit side of the equation. As discussed in a recent post , gathering customer information doesn’t stop with the credit application.

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Know-it February Roundup

Know-It Global

March has arrived! As we approach Spring, we have been working on key updates for our users and helping businesses to adapt to the new UK Interest Rate. Read all about what weve been up to below! Sign Into Know-it on Mobile! In February we made an exciting announcement to make your Know-it experience even better! Know-it is now available on your phone browser meaning you can manage your credit control on-the-go.

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Don’t Get Wiped Out: Protecting Your Investments from Broker Failure

Due

It is not uncommon for the financial world to feel turbulent at times. Youve probably read headlines about bank seizures and bailouts, such as the FDICs takeover of banks and Credit Suisses multi-billion dollar rescue. Understandably, this would raise concerns about the safety of our investments. You might wonder what these events mean if you have your money in a bank or invested through a brokerage firm.

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In the Beginning.

Trade Credit & Liquidity Management

Enjoy a brief introduction to Trade Credit & Liquidity Management. We’ll explain where we’re coming from and where we’re headed, review the different types of content you can expect, discuss how we will share the ins and outs of managing the order-to-cash process, and deliver deep insights into how cash flow is generated.

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Outsourcing Vs. In-House: The Ultimate Battle For Better Collections

Speaker: Susan Richards

Your past-due accounts are growing, cash flow is tightening, and the pressure is on. The big question: Do you handle the collections internally or outsource to experts? Both strategies come with advantages and risks - but which one delivers the best impact for your business? In this session we’ll dive deep into the in-house vs. outsourcing debate, examining cost-effectiveness, efficiency, compliance risks, and overall recovery success rates.

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Competing in a Saturated Market: How To Balance Competitive Pricing With Customer Satisfaction

Due

There are about 359 million businesses worldwide, with an average of 10 million new businesses annually. Let that sink in. Competition is rife in every industry, making standing out much harder. This reality burdens every business with the responsibility to find unique ways to attract more eyes, engagement, and sales for their products and services.

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More Trending

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Tesla Stock Surge Raises Questions About EV Tax Credit Impact

Due

A significant market development has emerged regarding Teslas stock performance. Approximately $500 billion in investor capital was affected by a remarkable 75% stock price movement over a five-week period following the presidential election. Market Movement Analysis The dramatic shift in Teslas market valuation coincides with potential policy changes that could affect the electric vehicle (EV) market.

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What happens when a debt is sold to a collection agency?

Chaser

When unforeseen circumstances lead to financial struggles, managing debt can become a daunting challenge. Bills may pile up, payments might be missed, and before you know it, a once-manageable obligation spirals out of control.

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Some Republicans Nervous about Trump’s Economic Future

Due

When Donald Trump was running for President, he made it very clear that he would take care of the economy. He planned on reducing inflation and implementing tariffs in order to do so. However, some Republicans worry about the potential economic performance of the Trump administration. Some Republicans Nervous about Trump Throughout the Trump campaign, the now President was seen on social media discussing various topics.

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How much do debt collectors pay for debt?

Chaser

In the complex world of finance, debt collection is a significant aspect that affects individuals and businesses alike. When debts become delinquent, creditors often turn to debt collectors to recover unpaid amounts.

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What happens if you lose a debt collection lawsuit?

Chaser

Facing a debt collection lawsuit is a stressful experience. Many individuals find themselves in this situation, often feeling overwhelmed by the prospect of legal action over unpaid debts.