Blog

The Latest News And Trends From The Collections Industry

Checkmark Collections is at the forefront and setting the standards for quality service

To Discount, or Not to Discount – That is the Question

When a developer notorious for late payments missed a deadline, CheckMark Collections stood firm. By enforcing contract terms and refusing to extend a discounted offer, we secured full payment with interest for our client—proving the power of clear terms and timely follow-up.

read more

How to Calculate DSO

Calculating DSO is straightforward, even for beginners:

DSO = (Accounts Receivable / Total Credit Sales) x Number of Days

Read more

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 more

What 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.

Read more

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...

read more