Susan Richards

CredTech Consulting, LLC

Susan RichardsSession:

Roundtable | Business Owners

 

About:

Susan Richards is a pioneering force in the Collection and Debt Buying Industry with over 36 years of experience. Starting as a collector at Allied Bond and Collection Agency in 1989, she quickly ascended to leadership roles through her exceptional performance and innovative approach. At NCB Management Services, she drove a 75% increase in client base and generated $64 million in additional sales before advancing to Chief Operating Officer. As COO, Susan led a team of 500+ professionals and set industry records, including surpassing $150 million in collections for contingency and purchase accounts—a benchmark that stands unbroken today. Known for her integrity and results-driven leadership, she has expertise in strategic planning, investment procedures, compliance, and operational excellence.

In 2020, Susan ventured into entrepreneurship, lending her expertise to various startups in the financial sector. Building on this success, she launched her own consultancy in 2022, where she partners with collection agencies, debt buyers, regional banks, and credit unions. As an operations and business development expert, she specializes in rebuilding companies, optimizing accounts receivable processes, and implementing strategic operational goals.

Throughout her career, Susan has balanced professional achievement with family dedication, raising three children including a son with special needs. Her comprehensive industry knowledge, proven track record, and hands-on approach continue to drive transformative results for organizations seeking operational excellence and sustainable growth.