CollectAR offers Clients the opportunity to easily outsource all or parts of the collections cycle and its work-flow business process functions, so as to achieve planned results in increased productivity, increased cash collections from receivables, so as to reduce dependency on bank loans to support working capital needs.

In addition, by outsourcing all or parts of the business collections functions to CollectAR, clients will realize reductions in the costs associated with the management and collections of their accounts receivables, which will result in driving more profits to the bottom-line.

CollectAR's unique fixed fee collections outsourcing service system, will allow businesses to outsource their small and/or large balance accounts much earlier in the collection cycle, or as soon as in-house procedures start to fail, regardless of the account age and/or invoice amounts, as they will not be giving up a percentage of the profits tied up in the past due receivables being outsourced.

By being positioned as our clients' receivable collections virtual back-office and outside business partner, we enable clients to outsource accounts early in the collection cycle while they are still highly recoverable, creating opportunities for us to deliver recovery rates double that of contingency fee agencies.

Early Access to Funds collected:

In addition, because we work as an extension of your company, customer payments are always made payable to you and mailed direct to your company and/or designated lock box, which give clients faster access to cash flow from collections recovery.

Communication.

The key to successful receivables management and collection is communication. Our collection staff and account representatives follow an established regimented standard of communications when they converse with our clients' customers.

This allows us to gather important business, credit and financial information that will usually become extremely valuable in the event an account escalates to legal actions.

We follow a strict reporting format to give our client early feedback on collections results and collectability on each file within 30 days from the date an account is assigned to us, with forward action recommendation if not collected within that time.

Our reports tell clients the things they need to know from their outsource back-office collections team. -When - Who and What is the status and/or promise payment agreement and/or potential payment date or forward action.

For more information, Click Here to contact us.