AI implementation in commercial collection agencies is driving measurably better recovery outcomes compared to 2024-2025 averages while reducing unit operational costs through high-volume automation.
Astira Capital Partners has acquired Altus Commercial Receivables, a Metairie, Louisiana-based commercial debt collection agency. The seller was ARMStrong Receivable Management, a portfolio company of ...
The face value of business-to-business accounts placed in collections totaled $3.6 billion in the fourth quarter ended Dec. 31, up nearly 3.4% from $3.5 billion in the third quarter, according to the ...
KENNER, La., April 16, 2018 /PRNewswire/ -- Altus GTS Inc., the largest commercial collection agency in North America, announced that it concluded a major Affiliate transaction with Paladin Commercial ...
Cash flow is critical to a business’s survival, so unpaid invoices could deal a fatal blow. Delays in payments can create big problems when it comes time to meet payroll, service debt, and manage ...
Annette M. Waggoner is executive director of the Commercial Collection Agency Association. The industry "isn't always fun," Waggoner said, but it's "definitely is an ...
For many, the term conjures thoughts of receiving a collection notice by mail or phone —after they’ve neglected to make a student loan or cellular payment. That is because the majority of debt ...
As a business owner, there may be times you have to pursue debtors to collect what you’re owed and there may be times creditors come looking for payment from you. Either way, it’s important to ...