Editor’s Note: 

I am Katie Keich, Vice President of Commercial Services for the iA Institute. Twice each month, I share substantive advice for the business-to-business credit & collections community. 

Do you want to implement a new collections strategy, reduce your credit losses without sacrificing revenue, and operate an efficient and effective credit and collections department? Did you know that insideARM offers personal training by me via webinar or on location? We provide pre-packaged training and the option to create a custom package as well. I can personally teach you how to implement and execute a credit policy that can reduce your credit losses by 1% or more. I can create a customized collections call strategy for your collectors to use and quickly implement. These proven methods have already saved companies millions -- without inhibiting sales growth. 

Are you interested in hearing more? Please don’t hesitate to contact me directly, keich@theiainsitutute.com. 

Thanks for reading.

Altus Receivables Management and Brown & Joseph Merger

Brown & Joseph (“B&J”) and Altus Receivables Management (“Altus”), leading providers of third-party commercial collection services, announced today that the companies have combined, forming one company and creating the premier commercial accounts receivable management company in North America.

The combined B&J and Altus company provides the most comprehensive A/R management services to its clients by increasing their cash, reducing their Days Sales Outstanding, and streamlining their collections processes. 

The combined company has six U.S. locations, over 300 team members, and the collection industry’s most advanced technology, security and compliance infrastructure. Many of the world’s largest and most recognized companies already trust B&J and Altus to manage their receivables.  The resources, deep experience and strength in several key industry verticals including insurance, business services, transportation and logistics, telecom and technology others, distinguishes the multiplatform company from others in the market.

"We are very pleased to join forces with Altus and bring together two of the premier brands in the commercial accounts receivable market,” said Mark Schabel, CEO at B&J.  “We will work together and continue to invest in the future to further expand the abilities of the combined company.” 

Mike Baldwin, CEO at Altus added, “The size, scale, and deep talent base created from uniting our companies is powerful and will bring even greater value to our collective client base.” 

For more information on Brown & Joseph and Altus Receivables Management, and to see how they can help your cash flow, please visit www.brownandjoseph.com and www.trustaltus.com