There are a number of benefits to an organisation in outsourcing their debt collections and recoveries to Everyday Debt Management Group:
Accelerate rate of collection, reduce DSO and thereby improve cashflow
Utilise outsource providers collections skills and experience across the entire debt cycle including face-to-face contact with the debtor
Reduced cost of collection through lower staffing costs, management overhead and efficiency of process
Capacity management - free up valuable internal resources while maintaining the ability to deal with variations in volume
Clear segregation of responsibilities - enhance customer relationship and retention
Benefit of access to up-to-date debt collection technology in conjunction with enhanced MIS
Cost effective debt recovery with commission only charged on debts collected with no referral or additional collection charges
Cost effective alternative or pre-cursor to taking a debt legal. The nature or size of the debt or the debtor may make it impractical to pursue the debt through the legal process. Similarly outsourced debt recovery work can result in the debt being recovered before the need to take the debt legal
Please contact us at info@debtrecovery.ie or +353 (01) 4004230 for further information.
