Electronic payments are becoming a lot more common within the B2B world. Now, around 90 percent of B2B companies are starting to recognize that paper checks are falling from favor and online B2B payment solutions are on the rise. It is anticipated that soon more than $6 trillion will be electronically transferred between suppliers and purchasers all over the world. To accommodate the demand for this modern technology, there are now many payment processing services that promise to make online B2B payments...

At one time, cash and paper checks dominated the B2B payments world. However, as we have moved into the digital age, a variety of methods have become available. While electronic B2B payments are incredibly convenient, they do present some issues to businesses that choose to adopt them. Fees, security, and, of course, which methods to accept, are all issues that companies need to consider. However, the fact more customers than ever are heavily reliant on mobile and credit card payments means any business...

January 2018 saw the launch of BillingTree’s sixth consecutive 2018 Collection Agency Operations & Technology Survey. This comprehensive industry survey has proven to be extremely influential over the last five years in foretelling trends to come in payment technology adoption and compliance challenges to pay attention to for all businesses working within the collections space. It has also provided a benchmark for the utilization and adoption of the latest mobile technology across an ever-expanding list...

For most people in the United States today, debt has become a standard fact of life. Consumer debt currently stands at around $11 trillion when common forms of lending, including car loans, student loans, credit cards, and mortgages are considered. So, it is no wonder that more debt collection agencies are being opened than ever before to handle the collection of accounts receivable. In 2016, more than 8,500 agencies were in existence in the United States, and that number looks set to increase...

Like most, you probably have no clue what TLS means or does, and only care if it impacts your business. Hopefully your IT Team has phased out older hardware and made necessary software updates but if not, you can’t wait until June 30^th.  Starting in late January, some online services will begin temporarily shutting off TLS 1.0/1.1 access so those still using this will realize it and hopefully make necessary changes.

• The influential ‘Operations and Technology Survey’ Series underwritten by BillingTree for the sixth consecutive year
• Series provides the benchmark for technology adoption and utilization in a growing list of industries, including ARM, Financial Services, Property Management and Healthcare

Phoenix, Ariz. – January 23, 2018 – BillingTree®, the leading payment technology provider, has launched its sixth annual ‘Operations and Technology Survey’ Series, beginning with the Accounts Receivable Management...

Phoenix, Ariz. and AVENEL, N.J. – December 27, 2017 BillingTree® and AccountsRecovery.net are excited to announce the creation of the ARM industry’s Trailblazer Series. Companies in the ARM industry are being selected as recipients based on successful aspects of their operational approach to collections and ideas that set them apart from their peers.

A recent trend indicates major banks; including US Bank, Bank of America, BMO Harris, Capital One to mention a few, are dropping collection agencies –with little or no notice. Even in this so-called post “Chokepoint” world the trend appears prevalent.

Managing cash flow properly is essential for any company or organization, and one common cause of business cash flow issues is poor management of accounts receivable. These days, too many business owners make the mistake of assuming that because a customer has bought a product or service from them, he or she will automatically pay for it. Unfortunately, an increasing number of retailers are discovering there are many customers who fail to pay in a timely manner, and often some who fail to pay at all. Slow...

Most people are aware that offering a good variety of payment options when running a business is very important in terms of customer satisfaction. However, the benefits of offering ACH collection services are often overlooked by businesses these days because of the popularity of credit and debit cards among consumers when paying for goods and services. With these convenient payment options being the most common method of making online transactions in the modern world, many companies are reluctant to look...