Saturday, July 3, 2010

Why you Should never send your Clients to a Collecton Agency

One of the most important factors of collecting is early intervention. In fact, the U.S Department of Commerce conducted a survey that clearly shows the older an account is the harder it is to collect in-house. According to this chart, if you took 100 accounts over a year's period of time, at 90 days past due 26% of your accounts are uncollectible. At 120 days past due it goes to 35%, at six months it is over 70% and after a year it's not even worth the paper it's printed on. Most business wait to turn their accounts over to a third-party Collection Agency until around six months for two reasons: First they don't want to give up the 35-50%, and we can all understand that it's your money why give it up afterall it is you who did the work right? and secondly, they don't want to alienate their customers we all know how the debt collector do how rude they are. Wait a second how about if their is another way, were you don't have to give up a percentage of your hard earned money and you don't alienate your Customers, for a flat fee Green Profit Recovery Systems can do that for you, call Sam J. Banda at 866-629-9092 or e-mail at sbanda7@gmail.com for a FREE Consultation of your Business Accounts Receavables today.For more info on GREEN PROFIT RECOVERY SYSTEMS click here!

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