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
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
Business to business debt collections, also known as B2B debt collections, can be more complex than traditional consumer collections. If you are not skilled in business to business debt collections, it can be very difficult to recover sufficient amounts of... Read Full Article
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
In our last blog, we reviewed the qualities that make an excellent Accounts Receivable employee. In this post, we will share tips on how to gauge the qualities of the best Accounts Receivable employee candidates, in order to hire the... Read Full Article
Are you hiring? The hiring process can be tricky when you’re looking for the cream of the crop. After all, just because someone has experience in Accounts Receivable (AR) doesn’t mean that they are right for your work environment. What... Read Full Article
Business fraud is a devastating issue for companies of every size. According to The Association of Certified Fraud Examiners, in 2018, United States businesses lost an average of 5% of their gross revenues due to fraud. Private companies, including small... Read Full Article
As a business owner, being able to identify red flags for potential collection problems is paramount to the short-term and long-term success of your organization. While some businesses have one-time issues paying for services or products that they received, others... Read Full Article
Alacrity Collections Corporation started supporting the Anne Arundel Medical Center Foundation years ago and we are doing it again in 2019! ACC is delighted to be one of this year’s Diamond Sponsors of Denim & Diamonds for the 4th time... Read Full Article
What is the number one reason why Americans file for bankruptcy? While some would be tempted to answer consumer debt or mortgages that were too big, the answer is medical debt. Medical debt in America is a serious problem for... Read Full Article