If you are just starting as a collection agency, then you realize that you have a number of methods to collect payments. One of those methods is payments through Automated Clearing House (ACH) payments. ACH is a government-regulated electronic network through which financial institutions can transmit funds between each other.
Most Community Association Managers have experienced at least one character when managing receivables, with mixed results. As a CAM, how can you improve the likelihood of getting paid while increasing homeowner satisfaction? This is a fun and educational webinar that profiles some of the most common characters CAMs deal with,
What are omni-channel payment solutions? Think about how payment portals, IVR phone systems, mobile platforms, and more can help you collect payments efficiently. Offer your customers a wide selection of payment methods such as: Payment portals for web payments Interactive Voice Response(IVR) payment solutions for self-service phone payments Virtual terminals
Decca Software Company, creators of Collections MAX free debt collection software suite, identified a competitive advantage by partnering with BillingTree and integrating their Payrazr solutions. Decca Software Company’s clients now offer a myriad of payments to appeal to different consumers. Offering more payment options can result in more on-time payments.
While collecting accounts receivable is hard work, no one can overstate the importance of timely collections. Sooner is much better than later to pursue unpaid debt, as shown in the following graph. The longer you wait to pursue a delinquent account, the less likely the full amount is to
Today’s collections environment is highly competitive in both the financial services collections and accounts receivable management sectors. This is causing many managers to search for competitive advantages to set their business model apart, such as using payment processing technology to process payments quickly, compliantly and more efficiently. Payment processing technology
Comtronic Systems realized the competitive advantage of updating their payment technology to meet customers’ needs, which is why they signed on with BillingTree’s Payrazr. This suite of payment solutions allows their collection software solution to offer a wide variety of payment options that appeal to a wide range of customers.
CDS Software gained a competitive edge over others in the Accounts Receivable Management (ARM) industry by integrating their CollectOne software solution with Payrazr. This integration enables CDS Software to offer a comprehensive suite of payment options that appeal to all consumers. Offering payment options that appeal to more consumers lets
For those in the Accounts Receivable Management (ARM), Property Management, Healthcare and Financial Services industries, payment technology trends mean change is on the horizon. Savvy startups and medium-sized businesses can leverage emerging payment technology to level the playing field with their enterprise-level competition. Here are the top three trends to
As consumer-directed health care and health plan deductibles are on the rise, patient payments have increased. Today, patients are paying for their healthcare with a variety of cards such as debit, credit, health savings accounts, and flexible spending accounts. Because of increased use of debit and credit card payments, healthcare