Last year presented significant challenges and opportunities to the accounts receivable management (ARM) industry, and Kaulkin Ginsberg expects 2020 to be just as critical. 2019 saw the continued expansion of consumer credit, sustained domestic economic growth amid weakening global conditions, tight labor markets driving upward pressure on wages, consolidation at the creditor level, and perhaps most importantly, the release of the CFPB’s long-awaited debt collection rule proposal.
In an effort the keep ARM professionals up-to-date as they head into 2020, Kaulkin Ginsberg hand-selected the most authoritative subject matter experts to join Mike Ginsberg, president & CEO of Kaulkin Ginsberg, for a three-part State of Affairs in the ARM Industry webinar series covering industry trends and M&A, compliance, and technology. The series kicked off on January 28 with Mike Ginsberg and John Hannan, analyst at Kaulkin Ginsberg, as they discuss the present state of affairs in the ARM industry, including industry trends and M&A.
Critical topics discussed during the initial webinar included, but weren’t limited to:
- Economic conditions impacting expansion and recoveries
- Operational challenges impacting profitable growth
- M&A landscape
- Credit grantor markets poised for growth or contraction
The comprehensive, 60-minute webinar is available below.