How does the Profit Recovery Service increase my cash flow?
Our Profit Recovery Service fills a void in the accounts receivable marketplace created by two mature industries, which attempt to help creditors but fall short. Billing software and/or billing companies (the first industry) are extremely good at creating an itemized bill initially and keeping track of what is outstanding. Billing companies, however, usually do not have the systems in place to go after accounts which age past 60 days. When accounts age to this point where they are becoming harder to collect, providers place them with collection agencies (the second industry) with the hope that they will recover some or all of the money. Generally, these agencies produce poor results and charge a large fee to do so.
Related Questions
- Will the fact that many of the Service Providers are overseas increase the risk that HMRC will look to employment businesses, as the parties with greater assets, to transfer debts?
- How does the Rx Business Solutions QuickPay Profit Recovery increase my cash flow?
- How does the Profit Recovery Service increase my cash flow?
