Debunking Patient First Debt Collection
Patient-first debt collection is an approach to debt collection that prioritizes the well-being and financial stability of the debtor. It involves understanding the debtor’s situation, providing empathy and support, and working collaboratively to find solutions....
Mastering Accounts Receivable Workflow For Optimal Cash Control
In a recent Business News Daily article discussing accounts receivable, it was mentioned that ‘Accounts receivable is the lifeblood of a business’s cash flow.’ Effective management of accounts receivable workflow ensures that businesses maintain a steady and reliable...
A Comprehensive Guide To Business Process Outsourcing
According to an article on Infosys BPM, The global BPO landscape is set for a transformative growth trajectory, with a projected CAGR of 10.1%, expanding from $251.1 billion in 2021 to a projected value of $492.45 billion by 2028. Although Business Process Outsourcing...
Can Medical Debt Go To Collections?
Medical debt is a pervasive issue that plagues healthcare service providers worldwide. It often arises from unexpected health crises or inadequate insurance coverage, leaving healthcare facilities grappling with exorbitant unpaid debt on their books. The pressing...
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