Topic: Debt collections (2)
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Fair debt collection practices act (FDCPA): definition and rules
The Fair Debt Collection Practices Act (FDCPA) are the federal collection agency laws that protects consumers...
What are accounts receivable vs accounts payable?
In the world of finance, two crucial concepts that play a significant role in managing a company's cash flow...
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How to calculate Accounts Receivable Turnover (and reduce DSO by 60%)
Accounts receivable turnover (ART) shows how efficiently you turn credit sales into cash. Used alongside Days...
How to maintain a robust debt recovery process | Chaser
Overdue payments are sometimes inevitable due to delayed client payments, disputed invoices, economic...
Stop writing off your revenue as bad debt: Chaser debt collections
Is your business struggling with bad debt? Managing finances and ensuring consistent cash flow are critical...
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How automated debt collection reduces DSO by up to 75%
For many finance teams, managing accounts receivable often feels like a never-ending battle: constantly...
Boost debt recovery efficiency with predictive analytics | Chaser
Effective debt collection and management strategies are vital to most businesses. Predictive analytics are...
Writing effective collections emails | Chaser
When chasing overdue payments, the way you craft your collections emails can impact not only the likelihood...
10 best practices to improve your accounts receivable process
Feeling the pinch from overdue invoices? You're not alone. Trillions sit uncollected in U.S. businesses...
What's the difference between credit management and debt collection?
Important subsections of business finance, credit management and debt collections are similar enough to often...
The emotional toll of debt collection and receivables management
Debt collection and proactive credit control is as important to most businesses as making sales. However,...
Why debt collections and receivables management is one of the hardest jobs in the world
When most people think about the hardest jobs in the world, they don't usually think about debt collectors...