Debt Collections Industry News & Information, Alacrity Collections

7 Tips for Dealing with Delinquent Customers

November 11, 2019

Even if you do an excellent job pre-screening your customers, there will inevitably be incidents where some will fall behind with their payments. Dealing with delinquent customers is critical to the financial health of your business, and you should always... Read Full Article


The Best Ways to Ensure Prompt Invoice Payment

October 29, 2019

Your business, whether small or mid-sized, relies on invoice payment to pay your employees, keep the lights on and pay for the supplies that you need to do business. Unfortunately, all of the clients you invoice do not always respect... Read Full Article


How and Why You Should Charge Late Fees

October 10, 2019

When companies operate in a business to business or B2B space, it can be difficult to decide whether or not to charge late fees. You don’t want to risk upsetting a loyal client or charging them for an invoice that... Read Full Article


Effective Goal Setting for Your AR Department

September 25, 2019

Goal setting is a critical skill for every department of your business. Without a defined set of standards and goals that you want to achieve, how can you come up with a roadmap to get you there? Goal-setting for your... Read Full Article


All About Millennials and Debt

September 4, 2019

Millennials are growing up, and their debt is growing alongside them. Numerous studies have shown that many millennials are in precarious financial situations that can increase the odds they will face collections at some point in the future. Almost 2/3... Read Full Article


5 Ways to Safeguard Your Customers’ Personal Information

August 28, 2019

Data breaches are happening all the time, even at high-profile companies like Equifax and Capital One. Your customers entrust you with their personal information, including credit card numbers, addresses and more. Are you doing enough to safeguard your customers’ personal... Read Full Article


When Is It Time to Fire a Client Over Unpaid Invoices?

July 5, 2019

Sometimes, unpaid invoices force a business to make decisions that are not pleasant or comfortable. In many of those incidences, that decision is to fire a client. If your unpaid invoices are piling up, existing relationships with companies don’t always... Read Full Article