Partnering with CollectAR to manage and collect your accounts receivables can prove to be an efficient and cost-effective alternative to in-house management of these important business process tasks.

Outsourcing this business process tasks to CollectAR will improve your business focus, lower and control your operating costs, increase capital availability and free up resources for other core business purposes.

CollectAR's Receivables Collection service include dedicated staffing to proactively perform all of the required receivables collection tasks and activities in accordance with client established guidelines, industry norms and your company goals.

• Collection calls
• Collection letters
• Cash application
• Customer accounts management
• Deductions research and resolution
• Accounts Receivable Reporting
• Monthly aged analysis
• Monthly promise payments
• Cash collections activity
• Forward action reports
• Reconciliation's of problem accounts

In addition, we understand the value of each of your customers and will work not only to maintain those relationships but to enhance them as well.

Specifically, we will implement a confidential and convenient receivables collections management service system, acting as an undisclosed extension of your in-house department, that will take over the receivables collection function, from as early as 30 days past due, and perform all required monitoring and receivables management tasks needed, to ensure prompt payment from your customers on a consistent basis. This include:.

• Boost Working Capital
• Reduce external Financing Needs
• Decrease Business Process Cost
• Increase Customer Satisfaction
• Eliminate billing service calls
• Leverage Technology Investments
• Leverage existing technology investments more effectively
• Increase Business Flexibility
• Focus on core competencies
• Adapt to change without major investments
• Enhance receivable and cash flow performance
• Reduce business process management costs
• Reduce billing errors and customer claims
• Eliminate future investment in technology and improvements

Pre-due reminder calls. We telephone all accounts in the portfolio assigned to us, with an open balance within 10 days after invoice due date.

The objective, to secure payment well within the business selling terms, so as to increase the cash flow from the investment in accounts receivable.

Telephone collection. We call customers at agreed intervals after due date to enhance prompt payment and at the same time address any customer service queries.

Collection letters. We will implement a series of professional letters that we would send to your customers by E-mail as required to confirm a collection call conversation and/or to confirm a promise payment arrangement etc.

Management Reporting. We will provide our client management, with weekly reports of collections call activities, results, forward action planned and other action recommendations where applicable.

In addition, the weekly management reports will include a receivable aging and cash flow report based on customer promise payments.

In addition, under the CollectAR managed service system, you will enjoy a higher level of client visibility and control, we will function as an undisclosed business partner working offsite from your office, we contact your clients in your name, while utilizing the Web to give you the desk-top convenience that will look and feel like we are in the office next door.

This means, your customers will never know they are not talking to your in-house staff. We tailor our service to function as a seamlessly extension of your financial management structure.

CollectAR brings a business partner-like dedication and commitment to provide you with the end result you desire that will consistently meet and exceed expectations.

• Risk Management
• Credit Recommendations
• Customer Statements
• Remittance Processing
• Dispute Management

Let us help you focus on what you do best.

Working in your name, we initiate professional, sensitive follow-up communications with your customers, by telephone or E-mail, to address payment issues up-front. From a courteous reminder that an account is past-due all the way to a forceful demand for payment.

In those cases where issues other than the ability to pay are the cause for a past-due account - or where payment has already been sent - we work with you to resolve these issues.

For chronic slow payers, we schedule reminder calls or make stronger demands, including a final notification and/or client visit for high dollar exposure.

Benefits

Call us for more information - (905) 957-1872