Applying income tax refunds to paying down debt is about as popular as paying income taxes themselves. Nevertheless, the process helps consumers get out of debt and represents an important component of a successful tax season debt collection strategy for U.S. businesses. The concept of federal income tax was introduced with the Revenue Act of…
DetailsCompanies that can successfully leverage debt collection RFPs into working relationships with agencies are well on the way to receiving favorable returns on investment, brand protection and customer retention. Best-in-class agencies have established good reputations by surpassing the expectations of their clients as well as their clients’ customers while collecting the payment of past due…
DetailsA direct correlation exists between the quality of agencies and the quality of the debt collection RFPs used to evaluate and contract them to manage accounts receivable. While it is possible to find best-in-class agencies via referrals or even subpar RFPs, companies looking to outsource their collections would be well served by using detailed RFPs…
DetailsThe importance of getting an early start on tax season strategies is widely known among those working at debt collection agencies. Companies looking to outsource their collection efforts, however, may be surprised to learn that autumn is the best time to launch a program in order to recover the maximize amount of outstanding debt the…
DetailsThe 2018 ACA International Fall Forum and Expo, a three-day conference presented by ACA International, will be held Nov. 7 – 9 at the Drake Hotel in Chicago, Ill. The trade event includes educational seminar sessions, expert industry speakers, an exhibitor showcase, and a variety of networking opportunities for credit and collection professionals. The seminar…
Details“Agentless collections is the wave of the future,” said President/CEO Courtney Reynaud of Creditors Bureau USA. Her prediction is shared by at least one other executive quoted in an article about collection agencies’ “20 Most Powerful Women” from the September-October issue of Collection Advisor magazine. Nearly 70 percent of the 140,000 professionals in the industry…
Details
