This is a unique receivables management and collection service designed to maximize the recoveries from past due invoices and reduce bad debt with an escalation of accounts system and/or the implementation of an early contact professional customer focused collection call management system.

The reason for this approach to receivables bad debt management, is to eliminate the high cost and fees charged by conventional collection agencies that is a profit drain to companies and the business bottom-line.

In addition, to encourage credit grantors, receivables and /or collection managers to outsource their accounts early in the delinquency cycle so as to maximize recovery of the investment in receivables.

Under this system, CollectAR's strategy is to accelerate your slow-paying accounts with the application of a customer focused call management - account management system and a systematic follow-up program that delivers superior results and measurable return on investment for a low per account fixed service fee, which will always be much less than the cost of continued internal pursuit of past due accounts, or the high cost of outside 3rd party collection agency fees.

In addition, with this service system, clients can implement an in-house collection rotation plan and establish procedures to automatically transfer accounts into an outsource back-office account portfolio management system to be handled by the CollectAR collections team after a certain number of in-house collection call actions.

This approach will significantly enhance the productivity of the in-house collections team and will allow companies to outsource delinquent accounts earlier in the delinquency cycle and have a dedicated collections team managing and working the over 60 or over 90 days receivables investment, which will result in reducing the dependency on collection agency services, and the high cost of recovery.

This Bad Debt management system enables clients to focus the attention of their internal collection staff on the early delinquencies, typically the 30 to 60 days late accounts – and/or the 30 to 90 days accounts and outsource the slow paying accounts not collected internally within 60 days and/or 90 days, to CollectAR for our special customer focused receivables collections and account coverage service, thereby maximizing internal and external collection results and recovery potential.

The Cost?

Bad Debt Management Service Benefits

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