Do you know debt collection
Work From Home Blogger
Wednesday, October 15, 2008
8:13 AM
One of the ugliest faces of in the money business is that of Debt Collection , Why? This has simple and straight forward answer and that is collecting debt requires manpower and energy which takes more than 50% of the profits of the company. This is where outsourcing comes in focus and helps company minimizing losses as AmericanProfit.net helps you get on track with your business again leaving the tensions whatsoever to them.
There are many benefits when you outsource your debt collection to AmericanProfit.net and they can be summed as follows
There are many benefits when you outsource your debt collection to AmericanProfit.net and they can be summed as follows
- Improved Cash Flow
- Increased efficiency and lower internal labor cost .
- Better results when dealt with third person.
- Lowering cost of collection as in cases of traditional debt collection agencies.
- Highly trained executives ready to help you out in need whenever you are in need.
- More than 6K collection agencies
- Agencies take 33.3% cut in share of the recovery.
- Agencies collect ony 10% of the money debted to the customers via banks, lenders and other people.
- ACA member agencies make more than 1Billion contacts per year to get the debts back from the concerned persons.