There are approximately 6000 Collection Agencies in the United States. Some agencies work on a National basis, while others might work within a single Metro Area or County. Whether you use a large collection agency or a very small one, it is important to understand the economics of using a third party. The truth is, most likely you are not getting much of a return from the collection agency and even when you do, a high percentage of the recovered money ends up going to the agency in the form of collection fees.

Did you know that the average collect agency only recovers about 18% of accounts that are placed?  This is the national average across over 6000 agencies. Typically a collection agency will keep a fee for collecting the account of 25% to 50%. This means after the low recovery ratio and the high percentage fees, you are left with just 10 to 12 cents for every dollar you place. Beyond this you also have the exposure to the possibilities of the collection agency alienating your customer or worse yet, your community.

There is a MUCH better way! Our Integrated Receivables System is THE most innovative way to manage slow paying or delinquent accounts receivable, in the Collection Industry! Contact us now to learn how we are able to achieve recovery ratios more than double the national average in the first 45 days, and do it for fees typically less than 5%, without alienating your customers! You, your staff, AND your customers will appreciate this service, and your customers will continue to do business with you in the future because of it!