Our Early-out Receivables management unit handles outsourcing programs which provide a viable, low-cost alternative to internal collection departments. This program is ideal for companies that want to place a focus on cash collections early in the aging process, but don’t have the staff to follow through with an extensive customer list.
The intent of this program is to take the place of, rather than duplicate your collection department efforts. The outsourcing program is ideally suited for accounts 45 to 90 days old that has received the original billing and past due notices but little or no phone contacts. We will contact the customers as representatives of your office for payments. This provides you with maximum efforts without sacrificing the relationships with your customers.
Bonded Collection Corporation’s economies of scale allow us to be a cost effective choice compared to in-house collection methods. Our Early-out Receivables management program is individually designed to match your requirements regarding payment receipt and cash applications to the individual accounts.