Collecting outstanding receivables from your customers is vital to increase the profitability of your business, yet it can be time-consuming and resource exhausting.
First Service's collection department offers an easy and effective collection process empowered by advanced equipment, methodologies, and skilled, knowledgeable staff, who receive ongoing training and education. As a full-service collection agency that sees the collection process through, from beginning to end, First Service is capable of using our integrated business lines to maintain its efficiency, control the accounts receivables, increase the recovery rate, and improve the cash flow of our clients, taking advantage of our long market experience and reputation for confidentiality and trustworthiness.
Bad debt collection
The process of bad debt collection includes the following: Clustering data. Sending friendly letters. Conducting calls for follow-up by our call center and door-to-door pool. Sending warning letters. When kind efforts weren't enough, we managed a whole litigation process upon our client's request by an experienced legal department.