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How Predictive Analytics in A/R Reports Spots Payment Risks Early

How Predictive Analytics in A/R Reports Spots Payment Risks Early

by Aaron Mueller | Oct 22, 2025 | Blog

Is your cash flow bleeding as you discover customers haven’t paid weeks after invoices become overdue? By then, collection becomes exponentially harder and more expensive. Traditional Accounts Receivable (A/R) reports show you what happened, but may not warn you...
Digital Debt Collections: Why Self-Service Portals Are the Future

Digital Debt Collections: Why Self-Service Portals Are the Future

by Harikrishnan E N | Oct 21, 2025 | Blog

Consumer preferences have shifted, with most customers wanting more digital debt collection options. That’s why self-service payment portals are a strategic business asset. They allow customers 24/7 access to their accounts and flexible payment options, which...
The Power of Phygital Experience in Improving Collections

The Power of Phygital Experience in Improving Collections

by Harikrishnan E N | Dec 11, 2024 | Blog

Seamless and personalized communication is advisable for customer satisfaction in today’s digital era. However, lenders often face challenges in meeting the rising expectations of their customers. This is where the “phygital” experience becomes beneficial....
7 Key Benefits of Outsourcing Your Customer Service

7 Key Benefits of Outsourcing Your Customer Service

by Harikrishnan E N | Nov 20, 2024 | Blog

In today’s competitive business environment, maintaining strong customer relationships is needed for long-term success. Outsourcing your customer service can enhance customer satisfaction and free up resources, allowing you to focus on your core business...
How to Settle Credit Card Debt: 5 Effective Solutions for Lenders

How to Settle Credit Card Debt: 5 Effective Solutions for Lenders

by Harikrishnan E N | Nov 7, 2024 | Blog

Credit card debt is the third leading cause of debt collection complaints according to  Consumer Financial Protection Bureau. This is concerning for lenders as more complaints indicate delayed debt recovery. It could lead to reduced fund inflow which negatively...
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Recent Posts

  • How Predictive Analytics in A/R Reports Spots Payment Risks Early
  • Digital Debt Collections: Why Self-Service Portals Are the Future
  • Virtual Bookkeeping: 4 Reasons Business Owners Prefer It Over Traditional Methods
  • Overdue Payments? Try These 5 Customer Service Solutions
  • AI-Driven Omnichannel Collections: What Businesses Need to Know

Recent Comments

    RMAI Consumer Resources
    This resource provided by the Receivables Management Association International (RMAI) provides information and tools to help consumers make informed financial decisions. take control of their finances, defend against fraud and deception, and more. The calculators section includes valuable tools for estimating retirement, planning debt payoff, building savings, and budgeting. There are also steps for managing finances amidst economic inflation.

    First Credit Services is an omnichannel debt collection agency and BPO company that specializes in accounts receivables management and customer service outsourcing. We have over 25 years of compliant collections and receivables management experience.

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