security and technology

Debt Collection Security and Technology

Some US industries can still thrive on accounts receivable systems that amount to an empty cigar box with a slit cut into the lid — financial services is not one of them. In the November-December 2016 issue of Collection Advisor magazine, British expert Steven Preston writes: “technology is the ‘must have’ commodity [and] investment in…

Optio Giving to COTS Now at Five Tons of Turkey

Petaluma, Calif. (November 18, 2016) — Optio Solutions, an accounts receivable management firm, has donated 85 turkeys to COTS (Committee on the Shelterless) to feed hundreds of community members on Thanksgiving Day at the Petaluma Kitchen. This is the sixth consecutive year that employees have contributed to the program, bringing the total weight of turkeys donated since 2011 to nearly 10,000 pounds. 

first-party debt collections

4 Reasons to Outsource First-Party Debt Collections

Some finance directors are convinced that handling all business functionality in-house is the best approach. After all, if one wants something done right, they do it themselves — correct? For others, especially those concerned with external breaches in data security, it’s a matter of keeping things close to the vest. Meanwhile, a third group of directors believes that purchasing expensive software to manage processes such as accounting, office management and online marketing is the way to go despite having to dedicate existing human resources (or invest in new ones) for program operations.