The Strategic Role of Back Office Outsourcing

The Strategic Role of Back Office Outsourcing

According to Statista, consumers are searching more and more for business process outsourcing companies that provide variety of services, especially back-office operations. Back-office outsourcing is the practice of hiring a third-party company to manage...
Best Practices for Handling Car Loan Charge Offs

Best Practices for Handling Car Loan Charge Offs

Amidst the expanding array of vehicles on the market, car loans have witnessed a significant increase. According to USA Today, the rejection rate for car loans has surged from 9.1% to 14.2% in the past year. Consequently, car loans have emerged as one of the largest...
Is Accounts Receivable a Debit or a Credit?

Is Accounts Receivable a Debit or a Credit?

When it comes to understanding accounting, the terms “credit” and “debit” often create confusion, especially in the context of accounts receivable management. Keeping the financial records accurate is a significant step in accounts receivable...