Your cash flow is essential right now
By Peggy:
It goes without saying that life has changed dramatically in the past five months. COVID19 has evolved from “that outbreak overseas” to a health crisis here in U.S. We’ve seen the progression of social distancing, school closings and state-wide lockdowns. As a result, businesses have been divided into two basic categories—essential and non-essential.
Essential businesses, like pharmacies & grocery stores, are staying open. Non-essential businesses like lawn & garden services are expected to close until further notice. It’s hard to argue with the logic. People need to get medications, food and supplies. People don’t need green, manicured lawns. But to say a business is non-essential is misleading. Businesses supply more than the services they offer. […]
Count Your Blessings
By Greg:
It’s been over four weeks since I left the office to work from home, and like everyone else, I have never experienced anything like this in my lifetime. I’ve run through the whole list of emotions since this all started, and I’m starting to embrace some simple things.
- My family and I are safe at home and healthy.
- My co-workers are safe at home and healthy.
- My loved ones are safe and home and healthy.
If I get depressed by anything (lack of sports, watching the news, etc.) all I need to do is remember those three things. That should be enough for anyone, but I am fortunate enough to have other things going in my favor. “Count […]
Patience
By Ethan Drain
With the current state of our society and the spread of the new coronavirus, most people are experiencing a packed house. We are trapped inside with all the members of our family, with nowhere to go, and not much to do. Inevitably, after some time together, our patience is tested in one way or another.
We can read all of the articles about what to do and how to feel during our forced togetherness, about how to deal with being at home 24/7 where previously we were free to go anywhere and do anything, about fun activities to do with our family members, about how to keep mentally and emotionally healthy during this trying […]
Collection Industry Commitment During the COVID-19 Crisis
Below is a letter sent to state government officials from ACA International, the Association of Credit and Collection Professionals about how collection agencies across the country are working to provide necessary support to the business community during this time and, help consumers through the COVID 19 crisis.
MEMORANDUM
TO: U.S. GOVERNORS, STATE ATTORNEYS GENERAL, STATE LEGISLATIVE LEADERS
FROM: ROGER WEISS, PRESIDENT, ACA INTERNATIONAL BOARD OF DIRECTORS
DATE: MARCH 21, 2020
SUBJECT: ARM INDUSTRY COVID-19 RESPONSE
The Association of Credit and Collection Professionals (ACA International) is comprised of 2,500 members, including credit grantors, third-party collection agencies, asset buyers, attorneys, and vendor affiliates in an industry that employs more than 230,000 employees worldwide. ACA members are front line professional debt collectors that […]
Always Honoring Our Pledge
By Angela:
As this horrible virus hit the United States many around the world have been impacted by change in their home and work life. Some individuals have found themselves laid off, and ultimately are starting to feel the stress of having bills to pay and no money coming in. This is a critical moment for our country as we all come together to pull our resources to find ways to get through these troubling times.
Life as we know it has seemed to have shaken us all as we are filled with anxiety wondering what the future holds and how our life will ever go back to normal. Countless articles about small businesses struggling and now […]
Important Message From The Leadership of American Profit Recovery
We understand you are receiving countless messages regarding the COVID-19/Coronavirus crisis but we feel it is necessary to relay to you what our commitment is to you, to consumers, and what we are keeping an eye on in the collection industry day to day.
We fully understand that beyond the health and safety of the public, the COVID-19 crisis has quickly become an economic emergency unmatched in our current memory.
Dignity and Respect Always:
First, if you know us, you understand that our philosophy has always been one of treating everyone with dignity and […]
Halloween in January
By Mike Hiller
Title: Look Under
Unwittingly So
Many Are the Stones Unturned
Within Comfort Zones
It’s Plunge day. For adrenaline junkies, endorphin aficionados, and anyone looking to ‘think local,’ step outside of their comfort zone, and support their neighborhood charity the Polar Bear Plunge is where it’s at. Every year right around MLK (Martin Luther King Jr.) day Halloween comes early for us plungers. At our event at the Brighton High School there are costumes aplenty, endless snacks and treats, and it’s always a hot coco (now) and Netflix (later) kind of day. 2020 marks American Profit Recovery’s eight (8th) year running, or rather jumping as it were.
When I was a kid […]
Our tips for getting paid faster
No matter the size of your organization, or the type of industry you are in, we all want to get paid for what we provide, much quicker. Getting paid on time or least faster, helps our organization in many ways but where it makes the most impact is on cash flow. Having positive cash flow allows us to do many things and gives us the comfort we need to make sound decisions without the fear of running into issues later on down the road.
Unless you are a retail operation where you get paid before the customer even leaves the store, there probably are not many types of business that get 100 percent of their customers […]
Tips for making internal debt collection calls
There are some parts of running a business that many of us just don’t like to do. Depending on the size and nature of your business or industry, you and your team will have your hands in many aspects of running the day to day operations. Aside from everything else on your plate, there will be items that come up that require your attention and that fall under the category of mission critical. One of those is collecting on overdue payments to your organization.
While our professional debt collectors do enjoy their jobs, we understand that for many of you, collection calls are not something you like to do. You’d rather be doing other things to […]
Yearly Wrap Up Call
By Sarah:
Our Year End Call is one of my favorite events here at American Profit Recovery. Every year we have a company meeting to sum up how we did the year prior. This meeting is not only filled with detailed information on how well we have performed for our clients but also celebrates individual successes as well as slideshows of pictures, memories and funny moments we have shared.
I feel like this meeting is so important for morale in the office. When you’re focusing on the goals of your own department day in and day out the big picture can get lost and being able to take some time aside and really see how big of […]
