Categories for Industry News

Collection Agencies Adapting To Rough Economy

November 22, 2008 5:18 pm Published by

As economic conditions continue to worsen and consumers tighten their belts, accounts receivable companies seem likely to adjust their collection strategies. The advisers at leading ARM (Accounts Receivable Management) consultancy Kaulkin Ginsburg have reported that over 90% of respondents to their quarterly Industry Confidence Survey have said that they are either "somewhat likely" or "very likely" to adjust their collection strategies to adapt to the economic slowdown.