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No single person has the best answers or guidance for employee development. Bringing experts across the spectrum of experience and training will help employees grow and flourish - translating to job satisfaction and professional confidence. Tap into industry resources like CollectorLive!

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Happy New Year to the ARM Industry! Now is the time for resolutions - personal and professional. Take some time to make formal professional goals for the year to accommodate the big changes we anticipate from the regulatory agencies overseeing the collection industry. Take a minute to read more!

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Who doesn't love a good play on words? While we are just about through the holiday season, TAX SEASON is quickly approaching and it is a magical time for the debt collection industry. Make sure you are prepared for this wonderful time of year by making your preparations!

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Collection agencies are rarely early technology adopters, but those that drop legacy platforms in favor of modern software platforms can no longer be called early adopters - now they're just being competitive and protecting their business. Take the plunge into modernity!

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Debt collection agencies are under constant competitive pressure and clients are getting more savvy about what the market has to offer. Client portals, performance reports, file uploads, and compliance tools are available to those agencies that invest in their business. Don't get left behind!

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Technologies like text messaging, voicemail drops, virtual agents, chatbots, and IVR are changing debt collection strategies. While regulations struggle to keep up, technology is ready to help agencies or departments launch into the future right now.

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Collecting debts through communication channels like text messaging or email have long been rejected as too risky but debtors are increasingly more comfortable with those methods than live phone calls. Solutions are available to meet consumer preferences and stay compliant with regulations.

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Beating Analysis Paralysis

By Aaron Reiter • August 13, 2018

If you really think about it, your debt collection agency or department is swimming in data your team collects. And you can add more data from outside companies! What will differentiate your company from your competitors is how you use those data and insights because that's where all the power lies.

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Leadership in the ARM debt collection industry may not be life or death of individuals, but decisions can impact the growth or demise of a business, which in turn affects the lives of employees or clients in profound ways. Modern debt collection software helps businesses act on big decisions.

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Optimism and hope were the two words for the ACA conference in Nashville, TN in July. Collection agencies are optimistic about the industry, their businesses, and new technologies to advance their goals.

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