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Early Stage Collections

Collection World Group offers a wide range of customised receivables management services delivering proven results for the accounting, financial services, education, healthcare, retail, government and commercial sectors.

Most companies understand how important it is to contact delinquent customers early in the payment cycle. However, many do not have the time or internal resources necessary to maintain a consistent and effective reminder and collections campaign. Too often one business fund's another business or customer's own cash flow simply because their credit terms are not adhered to, are ignored, or worse, are defaulted against completely.

Collection World offers customised, fixed-fee accounts receivable management and collections solutions that provide proven, cost effective results for our clients. Our experienced professionals take a customer care approach to maintaining a positive customer experience while at the same time ensuring credit terms are strictly adhered to.

How the Service Works
Once an account has gone past due (or subject to our client's own customised request), a Collection World professional will make reminder calls in the client's name to recently past due customers to politely remind them of their obligations to pay their account. By carefully monitoring each customer account Collection World can greatly reduce days past due and further extended delinquencies. However, if and when more serious delinquencies occur, our professionals are able to quickly identify and respond with appropriate techniques to collect these delinquent accounts.

Collection World's Early Stage Accounts Receivable Management Services deliver proven results such as:

  • Telephone calls are more than twice as effective as second invoices or letters.
  • Telephone calls generate payments much quicker than written notice.
  • Telephone calls create an instant opportunity for payments via credit card.
  • Telephone calls create an immediate opportunity to discuss or resolve any disputes or other lingering resistance for not proceeding with payment
  • Our Services provide increased cash flow and reduced operating expenses for our clients.
  • Our Services ensure that at all times of the payment or delinquency cycle all legal and privacy laws and regulations are strictly complied with.