What’s Next in ARM: How to Profit From Reg F
- August 9, 2021
- Category: Reg F
It’s clear the Accounts Receivables Management (ARM) industry is ripe for disruption, but what’s coming next? What changes are going to stick and which will fall by the wayside? How can you make Reg F work for you? These are the questions we’ll be addressing in the webinar, ARM Disruption.
As it turns out, some upgrades required by Reg F can have positive ROI, while others are a nuisance, or even unnecessary. Join our panel featuring insights from Sara Woggerman, Owner & President at ARM Compliance Business Solutions, and Mike Frost, Partner at Malone Frost Martin PLLC. We’ll discuss the top priorities for leading agencies looking to diversify, digitize and deliver earnings – plus how to use Reg F to create value for your clients – you don’t want to miss it.
In the meantime, see below for some of our key takeaways from the latest industry events, including the ACA International Convention in Las Vegas and the RMAi Summit in Vermont.
The majority of our time at both conferences was spent focusing on what’s coming next for the accounts receivables industry. So many of us have spent the past 18 months regrouping and preparing for a resurgence of activity within the industry. That has most definitely been the case at Provana. For example, we recently formed a new partnership with REPAY for integrated payment processing and have strengthened relationships with customers for digital compliance management.
Three ARM trends to keep in mind in 2021:
- Regulatory change is here to stay. Changes to existing regulations and new regulations on the horizon show no signs of slowing. To keep pace with changes at the Federal and State level, industry players need nimble data supply chains.
- Texting is hot, hot, hot. Phone carriers, like AT&T and others, are also beginning to regulate compliance when it comes to text and chat capabilities.
- Creditors care about your personality. For creditors, one of the key measures of who they like to work with is “ease of use” – essentially, how easy is it to work with you. Streamlining reports, operations and compliance are all core to success.
We look forward to seeing you on our ARM Disruption panel!