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Signs Your B2B Clients May Declare Bankruptcy Soon

It’s never ideal when clients start showing signs of financial distress. We have to ultimately decipher if their difficulty is merely temporary or if bankruptcy could be on the horizon before we know it. Here are some tips for distinguishing and preparing a response for either scenario. Spotting the Signs

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What is a Business Credit Score?

What is a Business Credit Score?

A business credit score provides potential lenders with a rating on your company’s overall credit, including factors such as payment history, current credit utilization and company size. These scores work similarly to your personal credit score, with that being said, we will discuss a few key differences below. Just as

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5 Ways to Build a Great Business Reputation

5 Ways to Build a Great Business Reputation

Nothing is more critical for the long-term success of your business than an excellent reputation. While advertising and marketing may get customers in the door, sterling customer service and attention to detail will build a great business reputation that will lead to returning clients and word-of-mouth referrals. Let’s look at

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How to Avoid Billing Oversights in a Medical Practice

How to Avoid Billing Oversights in a Medical Practice

Today, between co-pays, claim denials, past-due balances and changing insurance, doctor’s offices must navigate a complex financial landscape. While doctors work to treat patients, they must also succeed as a business. The complexity of managing financial payments can put a strain on their medical practice. Let’s look at the billing

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Identifying Online Shopping Scams During the Holidays

Identifying Online Shopping Scams During the Holidays

Even before the pandemic forced many people to avoid crowded spaces, more and more people shopped online. According to one study, more than 14 percent of people worldwide online shopped in 2019 – a number that was expected to reach 23 percent in five years but will likely climb even

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Unrivaled debt collection

Debt Collection During a Pandemic: Alacrity’s Strategy

Debt collection during a pandemic may seem like a maze. Regardless of whether you are a current or future client, you want to know what your debt collection agency does to adjust to the pandemic. Besides taking numerous precautions at our offices to protect our team (masks, hand sanitizer, physical

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5 Strategies to Avoid Collections in a Dermatology Practice

While our company works hard to make the collections process as simple and straightforward as possible, that does not mean that your goal should be to end up with your unpaid invoices in collections! As a dermatology practice, collecting timely payment from patients is critical to taking care of your

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How to Determine if Your Ob-Gyn Practice is Underperforming

How to Determine if Your OB/GYN Practice Is Underproducing

OB/GYN practices throughout the country work tirelessly to help people in every stage of life. This could be anything from well-woman visits to assisting women through their pregnancies and women looking for pre- and post- menopausal care. While the mission of your OB/GYN practice is to help as many people

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Managing a Melting Pot of Different Generations

Today’s workplace is a melting pot of different generations. How are you supposed to get everyone to work together? As a manager or business owner, you are in charge of leading different generations and getting great results. Managing a melting pot can be easier said than done. How can you

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