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Highlighting NEAM Industry Best Security Practices

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Highlighting NEAM Industry Best Security Practices

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New Era Asset Management, LLC is a boutique billing and accounts receivable company based in Buffalo, New York. A member of the Association of Credit and Collection Professionals (ACA), New Era Asset Management (NEAM) strives to optimize the customer experience at every step, particularly when it comes to systems and security.

The NEAM security teams fully adhere to industry regulations regarding the use of technology as a means of securing sensitive client information, a testament of the firm’s overriding commitment to compliance and transparency. In fact, in many instances NEAM has taken additional steps in securing valuable data and confidential client information, enhancing the company’s reputation as an industry innovator. Security measurements range from an effective IT infrastructure to a disaster recovery plan accounting for virtually any security scenario, including the risk of network failure.

Businesses can rest assured that their private information has been safely and effectively stored when working with NEAM. To learn more about systems and security, or other NEAM offerings, please visit www.neamgt.com.

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Dedicated to operations efficiency, reliability, and security, New Era Asset Management (NEAM) welcomes clients in need of trustworthy accounts receivable and billing services. The company began in early 2016 in the Larkinville neighborhood of Buffalo, New York, and since that time has expanded to accommodate organizational growth.

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New Era Asset Management, LLC - Company Profile

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View company leaders and background information for New Era Asset Management, LLC. Search our database of over 100 million company and executive profiles.

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New Era Asset Management - Secure and Reliable Billing Services

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As a comprehensive billing and accounts receivable company, New Era Asset Management (NEAM) provides collection services for commercial and consumer organizations. T

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Debt Avalanche - Definition and Advantages

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Debt Avalanche - Definition and Advantages

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New Era Asset Management assists creditors in recovering balances due. New Era Asset Management contacts debtors and works with them to develop billing plans while consistently maintaining respectful communications and upholding the dignity of the consumer.

In general, many debt experts recommend that debtors follow one of two methods to pay off past due balances. The first is the debt snowball, in which the debtor pays off the smallest debt first and then moves on to the next smallest. The debt avalanche, by contrast, targets those balances with the highest interest rate.

The debt avalanche strategy begins when the debtor lists out the interest rates on all debts. The debtor then pays the minimum on all debts other than the one with the highest interest rate, which receives the minimum payment plus any additional funds that his or her monthly budget allows for debt payoff. When the highest interest debt is gone, the debtor allocates budgeted payoff funds as well as the high-interest debt's former minimum toward the bill with the next highest interest rate.

Advocates of the debt avalanche approach point out that paying high-interest balances will cause less interest to accrue, thus saving the debtor money in the long run. This is particularly true when the debt is old enough that the interest has compounded and become part of the principal balance, thus generating interest of its own. It is a strategy particularly well suited to those who prioritize saving money, though it can be challenging for those who like to see quick results.

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New Era Asset Management is a full-service Billing and Accounts Receivable company. We are dedicated to providing a superior level of customer service while consistently meeting or exceeding client expectations. NEAM prides itself on conducting business with quality, respect, and integrity. Strict commitment to compliance and operational superiority are also top priorities within our company.

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Read writing from New Era Asset Management on Medium. Dedicated to operations efficiency, reliability, and security, (NEAM) welcomes clients in need of trustworthy accounts receivable and billing services.