There’s a lot of talk about the recession lately, and if you’ve only been in the business for less than a decade, it’s definitely getting a tad scary. In today’s Monday episode, Wilson shares some advice to ease your mind, so make sure to tune in. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and coll...
Jan 30, 2023•8 min
Bankruptcy may sound like the end all be all, but don’t fret. There is a legal way out. Let Wilson walk you through how debt consolidation and settlement work for today’s episode. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and collection for the staffing and recruiting sector, with offices in the U...
Jan 23, 2023•6 min
The truth about payment systems and methods, in general, is that it comes with risks. What risk exactly? Wilson discusses it all in this episode. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and collection for the staffing and recruiting sector, with offices in the US, Canada, the UK, and Asia servin...
Jan 16, 2023•5 min
We’ve been in the business of helping recruiters, and staffing companies collect missed placement fees due to backdoor hiring. You can say we’ve heard it all—every excuses out there—but these three take the cake for the worst reasons delinquent clients may use to cover up their backdoor hiring. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ro...
Jan 10, 2023•6 min
If you ever get into a backdoor hiring situation, you’ll hear clients draw up excuses that support why they did what they did. And sometimes, these reasons may even be legitimate. For today’s Monday Morning Memo, Wilson clues you in on what these excuses might be. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader i...
Jan 03, 2023•8 min
At this point, you’re already familiar with backdoor hiring and how it hurts your business, right? But why did it happen? Why did you get a back door hire? Wilson and Samantha cover three loopholes you might have missed. So, watch out for these! Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and collec...
Dec 20, 2022•8 min
Are you a staffing or recruiting firm? First, there’s something you need to know. In today’s episode, Wilson and Samantha talk about the three states you must be mindful of when operating such a business. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and collection for the staffing and recruiting sect...
Dec 19, 2022•6 min
You know one thing that’s even worse than your prospective candidate not getting selected by your client? When they get backdoor hired. What is backdoor hiring, and why does it hurt you and your business more? Let Wilson and Samantha explain in today’s episode. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in c...
Dec 12, 2022•5 min
Are you using a funding company? If yes, you might want to tune in. In today’s memo, Wilson and Samantha discuss why you’re still “on the hook” if you’re using a funding company. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is the unchallenged leader in credit and collection for the staffing and recruiting sector, with offices in the US...
Dec 06, 2022•5 min
There’s a lot coming and going in the collections world—stories you might want to share and questions you might like to ask. So, the floor’s all yours! For today’s episode, Wilson and Samantha invite you, our dearest audience, to ask whatever burning question you might have from a collection standpoint. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens,...
Nov 28, 2022•5 min
Knowing the company you're offering this generous offer to is very important when you offer credit. It can make or break your business. For today's episode, Wilson and Samantha walk us through the process of background checking, so you're sure your debtor is a corporation in good standing. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's largest credit and collection company during the past 30 years. Adams, Evens, & Ross is...
Nov 22, 2022•10 min
In the three decades of helping staffing and recruiting agencies to recoup their overdue placement fees, it’s safe to say we’ve heard most excuses. For today’s episode, Wilson and Samantha discuss one of the most used: the recruiter did not do anything. Tune in to learn more about the justifications delinquent clients may use not to pay you. Over the past 30 years, Adams, Evens & Ross, which only collects debts for the staffing and recruitment industry, has developed into the world's largest...
Nov 14, 2022•9 min
Medical Balance is High Specialized Funding The medical industry was undoubtedly our greatest hero as we grappled with the realities of the COVID-19 pandemic. But for staffing and recruiting firms who help provide facilities with healthcare staff, there's one bottleneck: difficulty in collecting placement fees. For today's episode, join Wilson and Samantha as they discuss common excuses clients in the healthcare industry may pull when paying placement fees. Adams, Evens & Ross, which only co...
Nov 08, 2022•8 min
A timesheet is precisely what it sounds like—a sheet detailing time. For staffing firms, timesheets may record the hours a staff is in or worked on a particular project. Whatever way it records time, the staffing industry agrees timesheets are important. But why? For today’s episode, Wilson and Samantha discuss why completing these timesheets is essential for your business. Adams, Evens & Ross, which only collects debts for the hiring and recruitment sector, has grown to be the world's large...
Oct 31, 2022•7 min
Like a small ripple that can build to an impossible current, missing out on the tiniest details can cost you. And when we say tiny, we mean it. Typographical errors, missing signatures, or failure to send a copy to the other party can all be honest mistakes, but they may pose a problem moving forward. In this episode, Wilson and Samantha recount a particular case that demonstrates the importance of checking (double and triple even) every agreement to ensure you close all loopholes. Adams, Evens ...
Oct 24, 2022•8 min
When it comes to the staffing and recruiting industry, we keep our ear to the ground. Here is great news for any recruiter located in the midwest. In this episode, Wilson and Sam break down the new ruling that is benefiting midwestern recruiters. Over the last 30 years Adams, Evens, & Ross has become the largest credit and collection firm in the world that collects exclusively for the staffing and recruiting industry. With offices located in the US, Canada, UK, and Asia servicing more than 3...
Oct 17, 2022•8 min
The proverbial 40-year plan, where people work for the same company for 40 years and retire to a gold watch, is extinct. The gold watch days are over. Instead, employees jump from opportunity to opportunity looking for the best option. This is known as "The Great Resignation" What does this mean for recruiters? Wilson and Samantha talk about how this affects the Staffing and Recruiting Industry. Over the last 30 years Adams, Evens, & Ross has become the largest credit and collection firm in ...
Oct 13, 2022•7 min
Recruiting and Staffing: What to Expect from a Debt Collection Agency In this episode, Wilson and Samantha talk about what to expect when an account is turned over for collections. They will give you a realistic overview of the collections process. Samantha digs deep and pulls back the curtain on the legal side. Over the last 30 years Adams, Evens, & Ross has become the largest credit and collection firm in the world that collects exclusively for the staffing and recruiting industry. With of...
Oct 03, 2022•9 min
Monday Morning Memo | Avoid Shades of Gray In Your Recruiting Contract Recruiters will sometimes attempt to include some marketing into their contracts. This is a terrible idea, a contract is your safeguard against non-paying clients, and it's no place for marketing. In this Monday Morning Memo, we will be talking about some things we HATE seeing in our client's contracts. We’re going to go over words and phrases to avoid at all costs. We suggest you go over your own agreement to look for these ...
Sep 25, 2022•10 min
To get a deal done, recruiters will sometimes say ridiculous things in emails and in person and not get a contract signed. This is a terrible idea as a signed contract is your safeguard against non-paying clients. However, there may be a few things you aren’t accounting for that might catch you off guard. So, in this Monday Morning Memo, we will be going over why recruiters want to get a signed contract versus creating a contract and a few situations that you might encounter. We’re going to go o...
Nov 12, 2020•9 min
We’ve been talking with our engineering clients, and a vast majority of them have been complaining that their clients are paying them slowly. However, the main reason this happens is that you’ve trained them to pay you slowly. So in this Monday Morning Memo, Wilson and Samantha Cole will tackle how an engineering firm can speed up their cash flow. Three Things That Engineering Firms Can Do To Speed Up Cash Flow Speeding up your cash flow might seem like a complicated task. However, there are thr...
Oct 06, 2020•9 min
Credit risk is an issue that many types of firms will have to deal with regularly. These credit risks threaten your business’s stability, so you need to know how to deal with them. Engineering firms are especially at risk if they are betting on that one big job or large contract. In today’s Monday Morning Memo, Wilson and Samantha Cole go over a few things that engineering firms need to do to minimize their credit risk. How Engineering Firms Can Reduce Their Credit Risk Minimizing credit risk is...
Sep 29, 2020•9 min
The legal process is one of the parts of collecting the legal fees that you’re owed, and you have to deal with the paperwork associated with it. However, many clients get irritated by how we ask for the same documents repeatedly. So in this week’s Monday Morning Memo, we’re here to clarify why we ask you to supply the same supporting documentation through the legal process. Why We Ask For The Same Supporting Documentation Throughout The Legal Process Having to deal with sending the same supporti...
Sep 15, 2020•11 min
You can feel COVID-19’s impact across the nation. Businesses are forced to close, entire cities put into quarantine, and necessities being harder to get are just some of its effects. But did you know that COVID-19 has also affected your business contracts? Why You Should Never Allow COVID-19 to Be Used As An Excuse Not To Pay You We’re four to five months into this pandemic. We’ve mentioned how the pandemic will cause a downturn or recession, which has been the case so far. Many businesses that ...
Sep 01, 2020•13 min
Job-specific contracts may seem like a great advantage to have. It is a great way to organize the contracts that you have. However, it might not be great if you have to collect your fees for several reasons. This concern is especially true for staffing and recruiting companies. You might be surprised that job-specific contracts are never a good idea in the staffing and recruiting industry as you can corner yourself and have a much harder time to collect your fees. Why Job Specific Contracts Are ...
Aug 25, 2020•10 min
Preparation is essential in the staffing and recruiting business. If you’re caught unprepared, then you might end up in trouble. Clients going out of business is one of these problems that you’re going to have to face. Luckily for you, there are always warning signs. The third warning sign that a client is going out of business is your wakeup call, and you need to be prepared for it. What You Need To Know About The Third Warning Sign The third warning sign is when you start realizing that you mi...
Aug 18, 2020•13 min
Due to today's unstable economic climate, one thing you can expect is that your business may struggle. Many reasons can cause these problems, but the end is almost always the same. Either your business survives to see another day, or you don't. This is why you should take every advantage you can get. One of these is the Small Business Administration Economic Injury Disaster Loans. What The Small Business Administration Economic Injury Disaster Loans Can Do For You Personal Guarantees and Securit...
Aug 11, 2020•14 min
When a business is at risk, there will always be five warning signs. However, the third warning sign can be a real tipping point. This situation is when an account is 60 to 90 days past due. It is critical, and speed is of the essence if you want to collect your owed fees. What You Should Know About The Third Warning Sign Seeing the third warning sign is a significant cause for concern for collecting from a company. However, if you’re not convinced of the urgency of the situation, we urge you to...
Aug 04, 2020•13 min
Collecting from your clients can be a tedious process at times. However, there are early warning signs that you could pick up that could help you find out who exactly is going to be a bigger problem than the rest. We’re going to explore the first warning sign that your client could be a potential collection issue in the future. The First Warning Sign Before you have just absolute chaos is that you start seeing your clients moving a bit further out. It doesn’t matter whether they were a good or b...
Jul 21, 2020•10 min
One of the major problems that we face right now is the impact of the Covid slowdown. Especially when it comes to credit and collections. Today, Wilson and Samantha Cole explore the effect of Covid on these two vital aspects of the staffing and recruiting industry. The Effect of the Covid Slow Down on You, Credit and Collections Wilson and Samantha Cole will be exploring the deeper implications of Covid’s effect on business in today’s Monday Morning Memo. Former Credit Risks are a Much Larger Ri...
Jul 14, 2020•12 min
