Game Time!!!

February 1, 2010

Let’s play a game, I am going to ask you a few questions about your delinquent receivables and all you have to do is assign each question a percentage.  When you add up the percentage it must come out to the total of 100%. 

1.  How many of your 90 days past due have been contacted by your   in-house people? 

2.  With regards to these accounts, how many contacts were made on the average for each one? 

3.  What percent did not honor promises of payment in full or even show the courtesy of a return call? 

4.  After your people have made a number of no resolution calls, what percentage of their time is wasted by not calling fresher accounts that, by nature, will bring in more dollars? 

That was the question section.  How did you do? 

Understand that each call that did not result in dollars is actually your people teaching the debtor the benefits of negative reinforcement.  This type of debtor has learned that telling your in-house people whatever they want to hear and buys them more time.  Face it, these accounts will net you more dollars faster if they are being worked in our house instead of yours.  The odds are your people are paid on an hourly or salary program.  They might even get an incentive of some sort.  We are contingency based.  We are only paid in direct proportion to the dollars removed from your receivables.  Business is bad, the economy is bad and cash is king!  Make sure you get yours – stop stalling and making excuses like a debtor.  

Call us today @ 800-868-9298 and when you do, you will know that you picked the right place!  Check out Collection Industry News @ www.collectionindustrynews.com to see the articles in the left hand column of the front page.  You will see that International Recovery Services is listed as “Collection Agency of the Week” and we here at International Recovery Services, Inc. are grateful for the recognition of always putting our clients and the recovery of their funds as Job #1!  We will continue to fight the good fight on your behalf and look forward to serving you in the future!