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Linked In Presentation 12 22 Presentation Transcript

  • 1. ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 THE TOOLS TO HELP YOU MIND YOUR OWN BUSINESS
  • 2. Transworld Systems Inc. ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 Company Overview
    • In business since 1970
    • 60,000+ clients
    • 100 Offices Nationwide
    • Recovered $2.4 billion* in the last 5 years for companies across all industries including Fortune 500 & 100 Companies
    • Success rate of more than 4 times that of the industry average**
    • 24/7 Online account management
    • * Company Average
    • **Based on ACA Statistics
  • 3. Markets Served ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
    • Accounting
    • Advertising & Marketing Firms
    • Ambulance Services
    • Attorneys
    • Auto Dealers, Parts Stores & Suppliers
    • Banks & Credit Unions
    • Cellular Telephone Services
    • City, County & State Governments
    • CPAs
    • Colleges & Universities
    • Construction Companies & Specialty Trades
    • Convention Services
    • Fuel Oil Companies
    • Girl Scout Councils & YMCAs
    • Government
    • Health & Fitness Clubs
    • Heating & Air Conditioning
    • Hospitals, Medical & Dental Practices
    • Hotels
    • Industrial Manufacturers & Distributors
    • Insurance Companies & Agents
    • Lawn Care
    • Libraries
    • Mail Order Houses
    • Medical Laboratories
    • Newspapers & Magazines
    • Pest Control
    • Postal Services
    • Print Shops
    • Private Schools
    • Professional Athletic Teams
    • Restaurants
    • Retailers
    • Security Alarm Companies
    • Telephone/Communications
    • Trade Schools
    • Travel Agencies
    • TV Stations
    • Utility Companies
    • Veterinarians
    • Video Stores
    • Waste Management
  • 4. What the Experts Say ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 “ The numbers speak for themselves – recovery of over $230 million dollars with a 53% recovery rate and an ROI of almost 4,000% with a collection cost of 2.5%.” Steve Hellebush, VP of Business Development, Medical Group Management Association “ The company has a collection rate of well over 50%. The typical collection firm gets only 20% and keeps 25% to 50% of recovered funds.” Fortune Magazine “ Transworld gets credit for the highest recovery rate in the industry.” Barron’s
  • 5. Why it Works ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
    • We provide the impact of third party for an
    • average of less than $10 per account.
    • Minimize internal efforts
    • Preserve your valued customer relationships.
    • Provide complete monthly reporting on all accounts.
    • Interactive, secure Online Client Portal (OCP) that allows you to submit accounts instantly.
  • 6. As per the US Department of Commerce you can see the longer you wait the chances of collecting your Profits - Decrease in Recoverability ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
  • 7. GreenFlag Three Phase Approach ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 In-House Efforts Transworld Systems Conventional Collection Methods 180 Days/Write Off Contingency Based Collections Transworld Systems Collections* * Optional Service Provided Current 30 Days 60 Days Statement Statement Phone Call Statement Phone Call Limit internal efforts to less than $11 per account 90 Days 104 Days 118 Days 132 Days 146 Days We contact slow paying accounts every 10-14 days – at the client’s direction. Making up to 5 contacts – each progressively stronger. Fixed fee – averaging less than $10 per account . The client controls the process.
  • 8. Start Early – Recover More ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 Fact: Companies wait to take action because they don’t want to pay a percentage and they don’t want to alienate their customer. Fact: GreenFlag is designed to take action early and diplomatically, recovering earlier and maintaining valuable customer relationships. According to the U.S. Department of Commerce, the older an account, the harder it is to collect .
  • 9. National Statistics Prove It
    • According to the American Collectors Association, the average collection agency collects less than 14% of all debts assigned at an average cost of 33 cents per dollar.
    ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 Transworld Collected 56% (company average) TSI Cost: 4¢ per dollar collected (company average) Average Agency Collected 14% (ACA Average) Average Agency Cost: 33% (ACA Average) Since Transworld does not take a percentage or alienate customers, our clients:
    • Use us earlier
    • Experience a 56% recovery rate
    • At an average cost of 4 cents per dollar collected
  • 10. Complete Online Account Management
    • We offer an easy way to transmit or stop accounts!
    ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
    • You will have 24/7 online account management from anywhere in the world.
    • Complete control to stop, start & suspend accounts
    • Upload spreadsheets with account information & submit large groups of accounts instantly
    • Easy to learn with, great training tutorials
    • Complete reporting
    • Superior online support
  • 11. ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
  • 12. What is GreenFlag Profit Recovery Service Messenger?
    • A new version of our existing GreenFlag Profit Recovery service
    • Package includes 3 written demands and 2 automated phone calls
    • Two automated phone calls replace demand 2 & 4
    • Similar to GreenFlag Accelerator but this is 3 rd party collections efforts
  • 13. GreenFlag Messenger Service BZ Contact 1 Contact 2 Automated Call #1: Hello. This is an important message from Transworld Systems, a debt collection company. This is an attempt to collect a debt and any information obtained will be used for that purpose. We are calling in reference to a letter we sent you on <Date> regarding our client <TSI Client Name>. Please return the call to <TSI Client Name> at <Phone>. Again, that’s <TSI Client Name> at <Phone>. When calling please refer to your id code <Account>. Transworld Systems is a debt collection company and any information obtained will be used for that purpose. Thank you. Click here to hear a sample of this message.
  • 14. GreenFlag Messenger Service Contact 3 Contact 4 Automated Call #2: Hello. This is an important message from Transworld Systems, a debt collection company. This is an attempt to collect a debt and any information obtained will be used for that purpose. We are calling in reference to a letter we sent you on <Date> regarding our client <TSI Client Name>. Please return the call to <TSI Client Name> at <Phone>. Again, that’s <TSI Client Name> at <Phone>. When calling please refer to your id code <Account>. Transworld Systems is a debt collection company and any information obtained will be used for that purpose. Thank you. Click here to hear a sample of this message.
  • 15. GreenFlag Messenger Service Contact 5 Also Available in Spanish !
  • 16. Thank You Letter - Optional ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
  • 17. Monroe Design – Status Report ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
  • 18. Alliances/Partnerships Overview
    • Strategic Alliances & Partnerships Deliver Better Support
    • The strength of our strategic relationships is apparent in the caliber of our alliances.
    ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 The Value of Alliances & Partnerships Maintaining these relationships help us deliver better value and services to our clients by providing a proven system to those businesses looking to spend less and recover more by increasing their cash flow and maximizing their profits.
  • 19. Alliances/Partnerships Overview
    • In a strategic alliance or partnership:
    • Both parties bring experience and specific areas of expertise to the relationship.
    • Both operate at the highest level of professionalism, integrity and are committed to the best interest of the client.
    • Both share the same goal of providing clients the solutions and tools essential to grow and sustain a profitable business.
    ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525 Transworld Systems currently has partnerships with many notable organizations across the nation. We continually form new alliances and partnerships in an effort to provide our customers with the best service possible.
  • 20. Legal Options
    • Making the difference in the toughest cases:
    ® 2010 Transworld Systems Inc. (Rev 1/10) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1303525
    • GreenFlag Legal Options can make a difference where court action is warranted, and there are assets that can be recovered.
        • Legal Options Phase:
        • Cause suit to be filed
        • Pay all court costs
        • Pay attorney fees, service or process fees
        • Pay any other fees necessary to satisfy a judgment
        • An attorney will appear in court on your behalf
        • Most Importantly:
        • If no money or assets are collected, there is NO charge.