Reduce Bad Debt- The 3 Biggest Mistakes in Credit

We have included some tips for companies on how to reduce bad debt and about reducing risks. Bad debt write-offs can cripple a company’s financial ability to compete and grow, by choking their cash flow. To help you reduce bad debt, here are three of the most common mistakes to avoid that can cause well-meaning companies…

The Revolving Door of Receivables- 4 Tips on Hiring (and Keeping) Rockstar Receivable Staff

Hiring can be hard – a lot of time, energy, and investment goes into hiring new staff. When you are in need of filling a position, often times you will look internally to see if you have the resources available before look outside your organization. Take for example the job of following up on you’re…

Found Money

Found Money

I love Scotiabank’s tagline “You’re Richer than You Think.” If an individual or company takes time to reassess its priorities, expenses and plans you can always find a way to be more efficient and profitable. Sometimes the results can really surprise you. During the 35 years that I’ve been in the credit and collection industry,…