According to IHRSA’s Global Report 2023, approximately 80% of the IHRSA member clubs anticipate revenue and membership to increase by more than 5% in 2023. With increasing membership and revenue, it is very significant for gym owners to focus on efficiently managing...
Patient-first debt collection is an approach to debt collection that prioritizes the well-being and financial stability of the debtor. It involves understanding the debtor’s situation, providing empathy and support, and working collaboratively to find solutions....
In a recent Business News Daily article discussing accounts receivable, it was mentioned that ‘Accounts receivable is the lifeblood of a business’s cash flow.’ Effective management of accounts receivable workflow ensures that businesses maintain a steady and reliable...
According to an article on Infosys BPM, The global BPO landscape is set for a transformative growth trajectory, with a projected CAGR of 10.1%, expanding from $251.1 billion in 2021 to a projected value of $492.45 billion by 2028. Although Business Process Outsourcing...
Medical debt is a pervasive issue that plagues healthcare service providers worldwide. It often arises from unexpected health crises or inadequate insurance coverage, leaving healthcare facilities grappling with exorbitant unpaid debt on their books. The pressing...
Debt collection is a common practice worldwide and the United States is no exception, each state has its own set of laws governing how creditors and debt collectors can pursue outstanding debts. Let us look at the laws governing debt collection in the state of...
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