How Your Business Can Leverage AI for Collections

How Your Business Can Leverage AI for Collections

Artificial intelligence, or AI, is a huge topic of discussion lately. Rightfully so, as it has the potential to change our world immensely and is already doing so. Rather than watch and wait to see its impact, many businesses are jumping on the opportunity to harness...
4 Benefits of Outsourcing Collections for Your Gym

4 Benefits of Outsourcing Collections for Your Gym

All gyms face a member who fails to pay from time to time. In some cases, there is a good reason. In others, the person simply wants to get out of paying or is attempting to make the lack of payment a way out of the membership. When your staff initially reaches out,...
Best Practices For Handling Past Due Accounts

Best Practices For Handling Past Due Accounts

When customers go past due, you can consider sending these cases to collections. Nonetheless, we find at Aldous & Associates that it works best for businesses to carry out first-party collections for around 90 days before escalating the case to third-party...
The Financial Impact of a Good Collections Process

The Financial Impact of a Good Collections Process

It’s a natural part of business to experience some clients who fail to make their payments. It’s helpful to realize this pattern instead of being surprised or not knowing how to react when it does happen. The better course is to have a plan in place for each time a...
How to Work in Tandem With Your Collections Vendor

How to Work in Tandem With Your Collections Vendor

The clients who see the best results from working with Aldous & Associates are the ones who work their collections accounts from their end in tandem with our efforts. That process can look different for each business. While it may seem best to hand off collections...