Like many businesses seeking help for any number of issues, you should always make sure you’ve done what you can internally before seeking professional help. We believe that’s the case when hiring a collection agency. There are many things you can do in regards to internal accounts receivables procedures before you call in a collection agency such as American Profit Recovery.

I equate this to calling a computer repair person when your computer will not boot up. They may ask you a series of questions such as, is it plugged in? Or, is your modem plugged in? Now many of us may find those questions insulting, but there are simple things that sometimes get overlooked in a business such as sound billing procedures. Do you bill on a regular basis? Do you let late paying customers go too long on their outstanding invoices? Do you get angry with late-paying accounts or do you try to work out a resolution? Continue reading »

As the old saying goes…desperate times call for desperate measures. We see this everyday as a collection agency. Yet, sometimes desperation can have a positive end result. The downturn in the economy has been devastating for many people in a multitude of different ways. However, a recent survey we recently saw has shown how tough economic times have had a very positive effect on Generation Y, especially when it comes to managing personal debt. Witnessing people like their own parents, neighbors and friends loose their homes, experience financial ruin and become overwhelmed with debt has caused Generation Y to look very closely at their own finances. In an effort to tighten their monetary belts, Generation Y has placed their school, credit card and mortgage debts under a microscope. They have a much more responsible attitude and approach to settling and managing debt than previous generations that might occasionally get a communication from a collection agency.

A more fiscal mind has caused Generation Y to take a much more conservative approach to their future. They are more likely to carefully weigh their employment choices, financial decisions and expenditures. A sign of the times is how Generation Y is less likely to job hop and look for the best salary coupled with benefits over pursing a career that may be their passion. These choices not only help them make more money but also help them pay down credit card debts and mortgages. Many are placing importance on settling outstanding debt over saving money for retirement. Continue reading »

Debt recovery can be a harrowing and slippery slope which can cause business owners and operators to feel overwhelmed. APR is proud to step in at challenging times to help companies with their accounts receivables process in an ethical and diplomatic manner.

We are grateful to have three successful organizations recently acknowledge us for our assistance to them and their members. This support deepens our desire to be different from traditional collection agencies and solidifies our commitment to build a stronger financial future for businesses and the member organizations that represent and advocate for them.

We are always pleased to see successful results in a company’s accounts receivables practices and to hear positive reviews from business owners and operators following our work together. Recently, APR was honored with three different company endorsements: CLIP, More Floods and Lawn Doctor.
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