Case Studies

With a projection of $39.2 billion by the end of 2032, the international debt collection market has been booming for businesses across multiple industries. While major companies have started to shift towards the top trends for international debt collection, many problems need to be assessed first. Ranging from language support, time zone differences, layers of … Continue reading Navigating International Debt Collection: Top Trends for Businesses

In the current competitive landscape, both the consumer and commercial sectors are keen on improving the cash flows through accounts receivable. In this regard, many users and businesses have started outsourcing collections from third-party debt collection agencies adept at credit collection services. The reason for such a collaboration is that agencies that provide credit collection … Continue reading The Benefits of Outsourcing Global Debt Collection to Specialized Agencies

Commercial debt recovery has been busier than usual due to the recent interest rate and inflation uproar. With businesses focusing on scaling and trying to make their mark in such a competitive market space, B2B debt collection has seen a shift in its workings. From leaving the days of outdated legacy systems to leaning towards … Continue reading Trends in Global Commercial Debt Recovery: What Businesses Need to Know

Whether you’re a business just starting or have some experience under your portfolio in the debt collection market, outstanding invoices can negatively affect your business’s cash flow and revenue. This issue makes you wonder how to improve small business debt collection with accounts receivable. Debt management can be a hassle for businesses of any scale, … Continue reading Improve Small Business Debt Collection with Accounts Receivable

In the ever-growing world of b2b collections, compared to consumer debt recovery, the commercial sector has received the most attention since it tends to have its complications. With businesses expanding and rising inflation, keeping track of commercial collections can take time. Therefore, many companies are gravitating towards online AR management platforms that provide ease of access and maximum … Continue reading Importance of Debt Recovery in B2B Collections

With the rapid increase in data breaches occurring daily, so much so that a cyber-attack occurs once every 39 seconds, cyber security measures have become necessary, especially for debt collection agencies. Since these agencies hold such treasured data of their valuable customers, including creditors and debtors, they must ensure proper cyber security measures in their … Continue reading 5 Cyber Security Measures Every Debt Collection Agency Must Take

When navigating debt recovery, there are many instances where handling commercial delinquents often stands out as one of the most formidable challenges. They are marked as bad debt recovery accounts. The practice of not paying the debt on time is quite common and for consumers or clients to fall behind on payments, causing stress and … Continue reading Top 8 Tips for the Recovery of Bad Debt from Commercial Delinquent Accounts

There are various challenging aspects to handling the financial side of business transactions, be it the rendering of services or provision of goods; one must deal with customers and payment woes in all cases. A rising issue most businesses face is the mounting accounts receivable resulting from unpaid accounts and elusive customers, making debt recovery … Continue reading Top 5 Challenges of Commercial Collections and How to Manage Them

Do you often find yourself treading water in the sea of financial responsibilities? However, there is still some confusion about where to start regarding how to handle delinquent accounts. In 2023, you were stuck trying to find solutions for your late invoices, the same old tactics feeling dusty and ineffective. It is a constant battle, … Continue reading How to Handle Delinquent Accounts In 2024

Most businesses need help recovering unpaid invoices from services and goods rendered to other companies that land them in a situation of low cash flow. The lack of funds and revenue creates issues with low cash flow that can hinder business growth and prevent new projects from getting piloted. Businesses also struggle with regularly repaying … Continue reading How to Maximize Recovery Potential in Commercial Collections