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Nothing
kills a trucking business like poor cash flow due to slow paying customers.
CollectAR
will handle your slow paying customers receivable by becoming
a "pleasant, proactive extension of your accounts receivable
and billing department."
We
know how to gently motivate the slow payers in your receivable
portfolio so as to convert more of your receivables into cash and
more of your accounts to current, without losing the customer and
your company the opportunity for future business with the customer.
We
will help you grow your business without having to grow your staff,
as the volume of active accounts grow.
CollectAR
supported by the expertise of its Trucktax
division provides expert services in the recovery of freight charges.
As
a result of our focus, we pride ourselves in our knowledge of the
business-side of trucking which includes Freight Bills, their
handling and the specialized methods needed to recovery outstanding
amounts.
In addition, we invest time and resources to stay current
with trends and information that would affect the Motor Freight
Carrier Revenue Cycle and the Recovery of Freight Bills from their
Customer. Our Industry Trends focus:
-
Freight
Bills Collection DSO
-
Bills
of Lading Management Challenges
-
Freight
Billing Cycle
-
How
often is Proof of Delivery Required and Under What circumstance
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The
Role of PRO Numbers in the Freight Bills Collection Cycle
-
Rules
Governing Tariffs
Customer
Relations Management
At
CollectAR our role is to collect your past-due freight charges,
without losing the customer and your company the opportunity for
future business.
As
a result, we utilize a customer focused attitude that gets your
Freight Bills paid while identifying and assisting in resolving
customer relations issues affecting payment where applicable:
Issues such as;
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OS&D
Issues
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Tariff
Disputes
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Unearned
Discounts
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Coded
Pro Numbers
-
Assignments
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Pro
Number Reporting
-
Assessorial
Charges (Detention, Demurrage, Private Delivery, On-site)
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Deductions
and Unearned Discounts
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Interline
-
Assignment
and Dropped COD
For more information about our collections service, and experience,
please click on any of the above links, or call (416) 577-0019
We
can implement a cost-effective customized Freight
Bills Accounts Receivable Collections Management System that includes;
Credit
Analysis and/or Credit Recommendations, with a proactive early accounts
follow-up action system, that begins immediately after invoice billing.
This
process remains vigilant as your undisclosed virtual receivables collections department
so as to convert and maintain more of your accounts to current to 15
days after invoice date, which will minimizing the potential for bad-debt write-offs,
without loosing the customer and your company the opportunity for
future freight shipments from your customers.
Benefits
Call us for more information. (416) 577-0019
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