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37 POSTS_FOUND
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Published on : October 26, 2022
One trend we are seeing that is steadily expanding is the domino effect that companies going out of business, or declaring bankruptcy, have on the accounts receivables of suppliers and creditors. The last 2 years has been challenging for companies as inflation, lock downs, supply shortages, changing buyer habits, labour shortages and other related factors have created an economy laden with uncertainty. When companies go out of business, they leave a lot of bad debt write offs for active companies to swallow.Read More -
Published on : August 31, 2022
This blog is primarily intended for US lawyers and companies who are looking at getting skip tracing done in Canada. While most US law firms and companies are familiar with skip tracing rates and services in the United States, there are some major differences on how things are done in Canada.
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Changing Buyer Habits Author : IRS CollectionsPublished on : July 28, 2022
Mortgage rates steadily rising, inflation and shortages spreading throughout supply chains, gas and oil prices constantly surging, lockdowns and general uncertainty are changing buyer habits. In many ways our current economic situation is in chaos. In times of chaos there are opportunities to increase market share and create new revenue streams. It is the companies who diversify their operations and strategies to meet and exceed new buyer habits that will prosper and grow.
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Published on : June 28, 2022
When accounts receivables have a major influence on your cash flow it pays to tune up, oranalyze your entire AR system at least once a year. From sales and billing, to collections and write offs, analyzing your entire accounts receivable system should be approached with an objective mind. A yearly audit is an opportunity to identify deficiencies, bottle necks and obsolete technology that is a hidden cost on your accounts receivables.Read More -
Published on : May 27, 2022
In Canada the inflation rate is at its highest level in over 30 years and there doesn?t seem to be any end in sight. As inflation ripples through different supply chains many commodities have seen phenomenal price increases and supply issues. Personal disposable income is being decimated at the fuel pumps and price increases from all different directions. This inflationary spiral and shortages creates uncertainty, which in turn is bad for credit and receivables.Read More