Kaulkin Ginsberg Insight – January 2010

There has been one consistent theme in all of my conversations with ARM professionals over the past few months; everyone is looking for new ways to work smarter.  If you are looking for tools that can give you the edge, we have a number of resources available to you.

Network online: New technologies have enabled us to make business connections more efficiently than ever before. At EXPO 3.0 – our online-only exhibition for the ARM industry on February 16 – you’ll have a chance to network with other professionals in the industry in a whole new way.  (You can read my recent blog on how you can network at EXPO 3.0.)

Find out what’s next: EXPO 3.0 will also feature a number of live webinars, including our State of the Industry presentation, where we’ll share our predictions for what lies ahead for the coming year.  We are already seeing signs that M&A activity is picking up. In this issue of Insight, Mark Russell provides an update on the state of mergers and acquisitions in the industry.

Improve your team: Many ARM firms are making strategic hires in the new year, which represents a serious commitment of time and money.  To hire the best candidates, read on to learn interviewing techniques that can help you gain insights into a candidate’s real capabilities.

Keep your star performers: Bringing on new talent is important, but so is keeping the top performers you already have.  Although it is still relatively rare, some agencies have begun experimenting with work-from-home programs in order to accommodate work-life balance for some collectors.  Find out how it’s being done in Michael Lamm’s article below.

In the face of a changing landscape for debt collection, the industry continues to drive new ideas and innovation.  Feel free to contact me or any member of our team for ideas on how you can build your business!

Mike Ginsberg

President & CEO, Kaulkin Ginsberg

P.S. My colleagues, Mark Russell, Michael Lamm, and I will be at the 13th Annual DBA International Conference coming up February 9-11 in Las Vegas. Please let us know if you’d like to meet at the show.

In This Issue
Featured Executive Brief
Client Success Story
Client Success Story
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About Us

This Month’s Insight

Mark Russell

M&A Activity in the Accounts Receivable Management Industry:

Early Signs 2010 Will Be a Stronger Year


Kaulkin Ginsberg estimates the overall deal value for transactions was $425 million last year – that’s far less than the $2 billion in deal value recorded in 2008. Despite this dramatic decline, there is positive news about last year’s activity and there are some encouraging signs for the year ahead.

Mark Russell, Director, Kaulkin Ginsberg

Stephanie Eidelman

The Fine Art of Interviewing – Getting Really, Really Specific

With all the good candidates currently looking for work; how can you determine the best person for the job? A critical step in the hiring process is the face-to-face interview. Learn a technique that works wonders to uncover whether the candidate’s resume holds up to scrutiny.

Stephanie Eidelman, COO and Publisher, Kaulkin Ginsberg

Michael Lamm


Ask the Experts: Collectors Working from Home


Ask the Experts is an interactive section where readers can ask direct questions to industry experts. The owner of a commercial third-party collection agency wants to know if other agencies have set up remote capabilities for collectors and if so, how it works.

Michael Lamm, Associate, Kaulkin Ginsberg

Featured Executive Brief

Kaulkin Ginsberg Executive Brief

Kaulkin Ginsberg produces executive briefs to provide industry owners and managers with rich business analysis to inform their business decisions. Executive briefs are free to all registered members of insideARM, and registering to the site is also free.

This executive brief, “Settlements in Full: Debt Collection and the U.S. Economic Recovery,” examines Settlements In Full (SIFs) policies, what makes them effective, and what they mean to the economic recovery as a whole.


Settlements In Full: Debt Collection and the U.S. Economic Recovery

What Do You Think?

Kaulkin Ginsberg sends INSIGHT each month to provide you and others in the Accounts Receivable Management (ARM) industry with valuable content designed to assist you in making strategic business decisions.

We hope you enjoy this issue. Comments are always welcome, and you can send your opinion on these or any other stories to editor@insidearm.com.

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