Debt Collections Industry News & Information, Alacrity Collections

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


The Qualities of an Excellent Accounts Receivable Employee

June 12, 2019

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


5 Ways to Prevent Being a Victim of Business Fraud

June 4, 2019

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