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Benefits of Pre-Collection Services to Improve Your Company’s Profitability
10|Oct

Benefits of Pre-Collection Services to Improve Your Company’s Profitability

When most people think of collection services, they think of tracking down customers that are extremely late on their payments. While this strategy is beneficial, what if you could help to track down your accounts receivables before they got way behind on their bills? Thankfully with pre-collection services from Premier Collection Services, you can help to reduce the money owed to your company and in turn boost your company’s profitability.

What are Pre-Collection Services?

If you have a number of accounts that are close to being being turned over to a collection service, you can likely benefit from pre-collection services. With pre-collection your customers or clients will receive proper notification to explain the seriousness of their past due bills, which when done properly, is often enough to get paid. Pre-collection services give your customers one last chance to pay their overdue balance prior to turning the accounts over to full collection services.

Benefits of Pre-Collection Services 

Below are a few of the reasons why many of our clients are choosing our pre-collection services as a way to catch accounts before they have to be turned over to collections.

  • Increases the possibility of earlier recovery for unpaid bills
  • Increases cash flow
  • Reduces credit losses as well as the number of accounts that must be sent to collections
  • Fewer internal resources required for oversight of unpaid bills

 

Do You Need Pre-Collection Services?

If your organization is constantly dealing with customers that are late payers, and you’re in turn having to turn a fair number of accounts over to collections, it may be beneficial to look into the many benefits of pre-collection services from a company like Premier Collection Services. We’ve been helping our customers collect money that’s owed to them for more than a decade. It’s always been our goal as a company to reduce the stress surrounding collections for our customers. You should be focusing on growing your business, not on tracking down delinquent accounts. With locations in both South Carolina and Utah, we’re well positioned to handle local and national accounts. We serve a wide array of different industries and would be more than happy to sit down with you to provide a free consultation to determine if your organization can benefit from our services.

Stop spending time worrying about the uncomfortable situations that arise related to debt collections. Turn those uncomfortable interactions over to the professionals at Premier Collection Services today. For more information about our services, feel free to give us a call today at 864-918-0878 or email.

 

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