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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.
We have positioned our company
to
become your receivable collections virtual back-office outside business partner,
enabling you 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 professional demand communications when they converse
with our clients customers.
This allows us to gather important
business, credit and financial information that will becomes 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.
Out reports tells 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 on - Contact
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