In today's fast-paced business world, maintaining healthy cash flow is critical. Yet, many businesses struggle with unpaid invoices, which can severely impact their operations. At CheckMark...
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The Latest News And Trends From The Collections Industry
Checkmark Collections is at the forefront and setting the standards for quality service
Maximizing Your Returns in the New Year: How Hiring a Collection Agency Can Save You Money
As we step into the New Year, businesses are often looking for strategies to enhance their financial health and efficiency. One area that is frequently overlooked but can significantly impact your...
Has Your Collection Agency Gone Through an M&A? Here’s Why It Might Be Time to Hire a New Agency
Mergers and Acquisitions (M&A) can often appear as a promising avenue for growth and expansion for many businesses. However, in the collections sector, an M&A doesn't always translate to...
Read moreHow to Calculate DSO
Calculating DSO is straightforward, even for beginners:
DSO = (Accounts Receivable / Total Credit Sales) x Number of Days
DSO for Dummies: Demystifying Days Sales Outstanding
When it comes to managing finances and ensuring the smooth operation of a business, you'll often come across a jumble of acronyms and financial terms that might seem like alphabet soup. One such...
Read moreWhat is a Notice to Owner?
In Florida, the Notice to Owner is a statutory form used by contractors, subcontractors, and material suppliers to inform property owners, general contractors, and other interested parties that they are providing labor, services, or materials for a construction project. The notice serves as a preliminary step to secure payment and preserve the right to file a construction lien if payment is not received.
Why You Need a Notice to Owner in Florida: Safeguarding Your Construction Payments
In the construction industry, protecting one's financial interests is a critical concern for contractors, subcontractors, and material suppliers. For those doing business in the state of Florida, an...
Rethinking Debt in the Modern Consumer Landscape: A Comprehensive Guide Navigating Financial Challenges
In today's rapidly evolving world, consumers are navigating an increasingly intricate financial ecosystem, punctuated by seismic shifts in technology, economic landscapes, and societal values. This...
One Size Does Not Fit All. Association Foreclosure should be the Last Option?
Will 2021 be a market repeat for Associations with deferrals turning into Short Sales and Foreclosures? Let us imagine a monthly Aging report where balances never exceed $8,000? Nothing is ever a...