Know Who You’re Dealing with and How to Relocate Your Signed Contract
Know Who You’re Dealing with and How to Relocate Your Signed Contract There is one piece of advice that we wish every client knew: always know who you are doing business with and get your contracts signed! If you think we sound like a broken record, you are not wrong, but it is shocking…
Wilson Cole Spotlight
Wilson Cole Spotlight By Rachel Woods In this interview Ally Cole speaks with Wilson Cole on the secrets behind his success. For a little background on Wilson, he founded Adams, Evens & Ross more than 2 decades ago, and the company has grown into the nation’s largest credit and collection company exclusively for the…
Just in Case You Missed Our 7 Deadly Mistakes Webinar
Just in Case You Missed Our 7 Deadly Mistakes Webinar Everyone is busy, we understand that better than anyone, so if you missed our webinar on the 7 deadly mistakes people make in the staffing and recruiting collections industry, here is a quick recap on what you missed! The first mistake that we often see…
The Two Out of the Seven Biggest Credit Mistakes
The Two Out of the Seven Biggest Credit Mistakes If you know ourcompany, then you are aware that for the past 27 years we have been advising companieson what we call “the Seven Deadly Mistakes in collections”. These are the most common and serious mistakes that we have seen in credit collections. Recently, we…
The 7 Deadly Credit Mistakes
The 7 Deadly Credit Mistakes 1. The first and foremost mistake made by credit managers is their not requiring personal guarantees on the credited monies. In some cases, this is neither necessary nor practical, e.g., your client is The Coca-Cola Company. For monies loaned on credit to closely- held or medium-sized companies, the credit manager…
Debt Adjustment: How it Works
Debt Adjustment: How it Works An important thing to understand is that any agreement or payment plan must go through the court system. This is not a punishment, but rather a safeguard that keeps both the lender and the borrower accountable under the supervision of the law. Once a company finds itself in too much…
[Collection Specialist] Why Recruitment Agencies Need It
[Collection Specialist] Why Recruitment Agencies Need It More times than not, a client will pay the staffing agency after they place an employee without any issues. Staffing agencies do, or really should do, most of the hard work in the beginning by drawing up a contract on how much the client will pay before entering…
Reasons for Counter Suits and the Additional Safety Net of Adams, Evens & Ross Collection Review
Reasons for Counter Suits and the Additional Safety Net of Adams, Evens & Ross Collection Review At any point in time, our company is dealing with about four hundred active lawsuits and three counter suits. Notice, our counter suits account for about 3% rather than the standard 10% of other companies. This is because we…
Going Old School: Getting a Credit App Filled Out First When Supplying Staffing
Going Old School: Getting a Credit App Filled Out First When Supplying Staffing One of the first steps you should take when signing on a new client to do contract or staffing work is to have them fill out a credit application. This may seem like an old school idea, but it is imperative if…