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This
service will cost-effectively increase the rate of
payment from credit sales accounts and increase the
collection recovery rate from past due accounts
while reducing the drain on business profits from
high collection agency recovery fees.
This
service system by CollectAR.com
is an outsource business process service designed to collect
past due accounts for a low, fixed fee that includes
everything from contacting the client customer by
phone, with structured follow-up management
including collection demand letters, all the way to
pre-litigation recommendation.
This
new fixed fee nearshore and near-offshore accounts receivable
collections alternative from CollectAR, bring to
businesses of all sizes a true cost-effective
accounts receivable solution for collecting past due
accounts, regardless of the balance, number of
invoices, account size and aging of the
accounts.
Businesses
that elect to take advantage of the CollectAR
Near-Offshore advantage, will save millions
off of their in-house collection costs as well as on
the outside agency collections costs, which in most
cases are driven by out of control receivables aging
matrix.
Another
benefit to businesses as a result of our low
fixed-fee service, will be the opportunity to
establish an accounts escalation system, that moves
accounts to CollectAR once the account aging is
at 61 days and over or some other set aging days or
DSO.
This
approach will help increase the working capital
contribution from accounts receivable, by
enabling businesses to outsource accounts early in
the delinquent cycle so as to maximize collections
recovery and give in-house collections staff more
time to work on new billings and the low hanging
fruits aging..
In
addition, this service and the business process
system will give clients faster access to cash
collected from their customers. The Reason!
CollectAR functions as an undisclosed
extension of the clients accounts receivable
department and funds collected are always paid
direct to the client company or to their lock-box.
With
CollectAR client funds are never deposited to
our account and we do not deduct any fees from
client funds.
The
CollectAR management team has over 60 man years
of B2B accounts receivable collections experience,
in Canada and the U.S. working with both small
to medium sized business accounts as well
as fortune 500 accounts.
The
Caribbean collections outsourcing facility was
created to focus on providing B2B
corporation with a low cost collections outsource
service system, that can seamlessly integrate into
their receivables management business process, to collect accounts
receivable early in the delinquency cycle, by design
rather than by default, with a business partner-like
customer focused commitment to excellence.
For More Information
Contact: Ron Johnson
Phone: (416) 577-0019
www.collectar.com
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