Debt Collections Industry News & Information

How Customer Service Improves Cash Flow

Adequate cash flow is as essential as overall revenue for many businesses, especially small and medium-sized companies. Improved customer service serves as a critical part of ensuring cash flow, not only in how customers are treated but also in how quickly services are rendered to receive payment. Let’s look at

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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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Maintaining Your Reputation When Collecting Debt

As a business of any size, you may at times need to collect on overdue invoices. Having a formalized debt collection process will minimize the potential for cash flow issues in your organization. After all, you need to be able to pay your employees and your own obligations. Things can

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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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Is Your Finance Industry Job Affecting Your Health?

Are you feeling overwhelmed? 2020 is a year that is very draining for many people, and working in a stressful industry can compound things. This may make it even more difficult to stay happy and healthy. One recent research study found that over 2 in 5 banking executives described their

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How to Counter Stress in Your Billing Department

Working in a billing department is naturally stressful, as deadlines are often tight and absolute. A single problem in the billing process can lead to wasted time and serious delays. If you want to reduce stress in your billing department, there are many small and simple steps you can take

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“...I also want to say thank you to the Alacrity team for being patient with me in handling this account and letting me pay it off with monthly payments. I greatly appreciate that and the professionalism of the staff. Most of the time collection specialists are rude and judgmental. They see that a person has been sent to collections and automatically think they are deadbeats or people who do not want to pay their bills. It won't be long before my debt is paid off and I will be out of your system! Yaaaayyyy!!! Thanks again!”
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Consumer Collections

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