Grow Business with Employee Professional Development

Grow Business with Employee Professional Development

Share this Article Investing in employee professional development is a smart strategy for businesses. It takes time, effort, and money to attract talent to your organization, so offering learning opportunities to employees can help you retain them.  According to Edward Fleischman, Founder and CEO of The Execu|Search Group in a recent Forbes article, “If you don’t offer learning and growth …

Preparing for CCPA Compliance

Preparing for CCPA Compliance

Share this Article 2019 is winding down, and with the new year comes a new era in privacy regulations. The California Consumer Privacy Act becomes operative on January 1, 2020, leading the way for other privacy regulation across the U.S.  The California Association of Collectors (CAC) spent considerable time this fall discussing the CCPA during a webinar paneled by attorneys …

Tips to Run a Compliance Management Program In a Small to Mid-Sized Collection Agency

Tips to Run a Compliance Management Program In a Small to Mid-Sized Collection Agency

Share this Article This article was written with help from Tim Collins of TrueAccord. Nearly half of ACA member organizations are small-scale collection agencies. These offices run with small crews and service fewer accounts but must still maintain compliance management programs.  How do small and mid-sized agencies do this without the resources of a large organization? It’s all about deciding …

Consumer Rights in Debt Collection Under the CCPA

Consumer Rights in Debt Collections Under the CCPA

Share this Article The next step in protecting consumer privacy has been taken through the new California Consumer Privacy Act (CCPA). The law, which becomes operative January 1 of 2020, is the first of its kind in the U.S.  In a recent webinar hosted by the California Association of Collectors, Lauren Valenzuela, Compliance Counsel at Performant Recovery, Inc. gave an …

Compliance and Risk Management is the Secret to a Successful Debt Collection Agency

Compliance and Risk Management is the Secret to a Successful Debt Collection Agency

Share this Article Some companies think that revenue is the most important, and compliance is a cost. “Actually, if your compliance program is working, it should be saving you money,” says Laura Knights, Gulf Coast Collection Bureau. She recently discussed the important role compliance management plays in collection in a webinar on the future of compliance management.  Gaining new business …

California Consumer Privacy Act Overview

California Consumer Privacy Act Overview

Share this Article Social media, websites and countless apps have expanded our worlds and made our lives easier. Now, consumers are starting to see the potential downsides to technological convenience. The Cambridge Analytica scandal and countless data breaches have made consumers – and lawmakers – weary. In 2018, the European Union (EU) led the way in data protection rules with …

How To Build a Website for Your Debt Collection Agency to Reach Every Audience

How To Build a Website for Your Debt Collection Agency to Reach Every Audience

Share this Article By now, every legitimate business should have a working website. Debt collection agencies are no exception. The objectives your debt collection website should achieve, however, are unique. Debt collection agencies have three main purposes: help consumers resolve their debts, attract new clients to grow your business and to hire new staff members. The challenge is understanding how …

10 Things to Consider When Redesigning Your Website

10 Things to Consider When Redesigning Your Website

Share this Article In the financial services industry, you need to be able to prove legitimacy and build trust with consumers and potential clients. The best way to do this is to build your web presence through a great company website.  We spoke to the experts at Metric Marketing to learn what elements every business should consider when creating or …

3 Tips to Decrease Late Payments from Customers

3 Tips to Decrease Late Payments from Customers

Share this Article As a manager, you work hard to balance the external parts of your business like sales and customer service with internal aspects like hiring, training and team management. If your customers don’t pay their bills on time though, cashflow stalls and all your hard work amounts to nothing. Here are some basic tips you can use to …

Organize a Successful Working Group for Your Business

Organize a Successful Working Group for Your Business

Share this Article For self-sufficient professionals, it can be hard to let go of control and share the workload. For some, this leads to recognition and exceptional accomplishments – if things go right. Oftentimes, though, tasks get forgotten, details are overlooked, and staff experience burnout. In the long run, working groups can be a more efficient way to solve difficult …