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Is Accounts Receivable a Current Asset? – Explained

Is Accounts Receivable a Current Asset? – Explained

by Harikrishnan E N | Aug 31, 2023 | Blog

Navigating the financial landscape of any organization requires an understanding of several crucial components. A pressing question that often arises is: “Is accounts receivable a current asset?” In this comprehensive guide, we’ll address this query...
Fair Debt Collection Practices Act: What You Need to Know

Fair Debt Collection Practices Act: What You Need to Know

by Harikrishnan E N | Aug 4, 2023 | Blog

The Fair Debt Collection Practices Act (FDCPA) is a federal law that regulates debt collection practices to ensure that consumers are treated fairly and respectfully. For businesses involved in debt collection or those who outsource this process, a comprehensive...
Choosing the Right Path: Multichannel vs Omnichannel 

Choosing the Right Path: Multichannel vs Omnichannel 

by Harikrishnan E N | Jul 21, 2023 | Blog

Consumers have more choices than ever before when it comes to how they interact with businesses. They can shop online, in-store, or over the phone, and they expect businesses to be able to meet them wherever they are. This has led to the rise of multichannel and...
Optimize Revenue Cycle Management Services with FCS

Optimize Revenue Cycle Management Services with FCS

by Harikrishnan E N | Jul 14, 2023 | Blog

In today’s rapidly evolving healthcare landscape, operational efficiency and financial health are more crucial than ever. One of the key drivers of a healthcare organization’s success lies in the effective management of its revenue cycle.  Revenue...
From Churn to Loyalty: Power of Customer Retention Management

From Churn to Loyalty: Power of Customer Retention Management

by Harikrishnan E N | Jul 10, 2023 | Blog

Emphasizing customer retention management (CRM) is now crucial in the highly competitive business landscape. For health and fitness businesses, having a strategic plan in place to reduce customer attrition rate is paramount as the cost of acquiring new customers is...
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Recent Posts

  • Outsourcing Bookkeeping Services: Is It Worth the Investment?
  • The Lifecycle of a Consumer Loan: From Origination to Recovery
  • Contact to Resolution: How Do Debt Collection Agencies Work?
  • The Role of HIPAA in Healthcare Customer Service Outsourcing
  • Why Outsourcing Customer Service Is the Key to Fintech Success

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    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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