Category archive: Debt Collection
Thank You Friends, and Merry Christmas
Dear Friends, Another exciting year in our industry has come and gone. We wish you a very Merry Christmas! With so many friends in the industry, it’s easy for us to be thankful this holiday season. THANK YOU, IAT Employees. We thank IAT’s employees for taking an interest in our customers’ individual and collective success. They…
The secret of the Masters
I like to paint. As with anything I enjoy pursuing, (my work, developing a skill or other life-quests) there are specific principles I try to follow to achieve desired results. These principles are just as applicable in business and debt collection as creating a work of art. So please forgive me for making another analogy between…
Increase productivity: Send in the clones
Some days I have so much work to complete, I wish I had a clone or two for some of the more mundane jobs. I could then use my time much more productively by focusing on those tasks requiring my expertise. While I’m testing new products and writing documentation, my clone could be reading and…
Headache-free Client Relationships
This is a guest blog post from Applied Innovation, Inc. (formerly ClientAccessWeb.com). At first, collecting debt for clients appears easy: Receive placements, collect payments, and then remit monies collected to the client. If only it really were that easy! Instead, your client relationships and collections process probably look more like this: Receive placements by email,…
Industry associations—vital to your collections success
In 1886, William Law wrote about the power wielded by an organized group of people: “The general question of the day, put to us by our fellow-men is: What can you do by organization? My direct answer is that without organization you can do nothing.” (The Detroit Labor Leaf) Mr. Law then discusses a…