THE TOOLS TO HELP YOU

      MIND
            YOUR
            OWN
BUSINESS


 ® 2009 Transworld Systems Inc. (Rev 1/09) A...
Transworld Systems Inc.
Company Overview
•  In business since 1970

•  63,000 Clients

•  100+ Offices Nationwide

•  Reco...
Markets Served
• Accounting                                       •    Government                                   •    P...
Start Early – Recover More
According to the U.S. Department of Commerce, the older an account, the
harder it is to collect...
National Statistics Prove It
       Transworld
        Collected
                                                 Since Tr...
Complete Online Account
Management
We offer an easy way to transmit or stop
 accounts!
 •  You will have 24/7 online accou...
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered s...
First Demand, Courtesy Notice




® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems an...
Thank You Letter - Optional




® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and ...
Collection Status Reporting

•  Transworld reports monthly, weekly, daily via our Online
   Client Portal
•  TSI sends a w...
Athletico LTD – Real Results

•  Last purchase date 9-02-09
       – 6171 accounts at a cost of $52, 240.78
       – 3613 ...
Why It Works
 We recover more because we start earlier.
•  Fixed fee, early third party intervention
•  Minimizes internal...
Internal complications...

•  Rising internal recovery costs
•  Continued depreciation of old accounts
•  Billing staff te...
How do you benefit?

•  Using GreenFlag Profit
   Recovery at 30-45 days
   allows your staff to focus
   their attention ...
Phase II – Verbal Demands
When intensive recovery efforts are required.
Phase II - Verbal Demands employs a team of highly...
Legal Options
Making the difference in the toughest cases:
GreenFlag Legal Options can make a difference where court actio...
Let’s Partner Together and
               Maximize Your Cash Flow!
                                    Your Systems
      ...
Upcoming SlideShare
Loading in...5
×

Standard Business

385

Published on

How TSI can increase your companies bottom line.

0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
385
On Slideshare
0
From Embeds
0
Number of Embeds
0
Actions
Shares
0
Downloads
10
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Standard Business

  1. 1. THE TOOLS TO HELP YOU MIND YOUR OWN BUSINESS ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  2. 2. Transworld Systems Inc. Company Overview •  In business since 1970 •  63,000 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** * Company Average **Based on ACA Statistics ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  3. 3. Markets Served • Accounting •  Government •  Postal Services • Advertising & Marketing Firms •  Health & Fitness Clubs •  Print Shops • Ambulance Services •  Heating & Air Conditioning •  Private Schools • Attorneys •  Hospitals, Medical & Dental •  Professional Athletic Teams • Auto Dealers, Parts Stores & Practices •  Restaurants Suppliers •  Hotels •  Retailers • Banks & Credit Unions •  Industrial Manufacturers & •  Security Alarm Companies • Cellular Telephone Services Distributors •  Telephone/Communications • City, County & State •  Insurance Companies & •  Trade Schools Governments Agents •  Travel Agencies • CPAs •  Lawn Care •  TV Stations • Colleges & Universities •  Libraries •  Utility Companies • Construction Companies & •  Mail Order Houses •  Veterinarians Specialty Trades •  Medical Laboratories •  Video Stores • Convention Services •  Newspapers & Magazines •  Waste Management • Fuel Oil Companies •  Pest Control • Girl Scout Councils & YMCAs ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  4. 4. Start Early – Recover More According to the U.S. Department of Commerce, the older an account, the harder it is to collect. 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. ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  5. 5. National Statistics Prove It Transworld Collected Since Transworld does not take a percentage or alienate customers, our clients: 56% (company •  Use us earlier average) •  Experience a 56% recovery rate •  At an average cost of 4 cents per Average Agency dollar collected Collected 14% (ACA Average) TSI Cost: According to the American Collectors Association, 4¢ per dollar Average the average collection agency collects less than Agency collected Cost: 14% of all debts assigned at an average cost of (company 33% 33 cents per dollar. average) (ACA Average) ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  6. 6. Complete Online Account Management We offer an easy way to transmit or stop accounts! •  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 ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  7. 7. ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  8. 8. First Demand, Courtesy Notice ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  9. 9. Thank You Letter - Optional ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  10. 10. Collection Status Reporting •  Transworld reports monthly, weekly, daily via our Online Client Portal •  TSI sends a written monthly status report to all of our customers •  We track the current balance, age of the debt, when the service started, date of last activity •  We give you full control to enter payments in full, partial payments, or to suspend an account ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  11. 11. Athletico LTD – Real Results •  Last purchase date 9-02-09 – 6171 accounts at a cost of $52, 240.78 – 3613 accounts submitted for a total of $3.6 million dollars – PAID IN FULL (in 60 days) $1.1 million – Total Performance (in 60 days) $1.3 million – Collection cost to date 2.4% – ROI - $24:1 ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  12. 12. Why It Works We recover more because we start earlier. •  Fixed fee, early third party intervention •  Minimizes internal efforts at less than $10* per account •  We work ALL of the accounts the same way, regardless of the size or the balance. •  Preserves your valued customer relationships •  Provides complete monthly reporting on all accounts •  Interactive, secure Online Client Portal (OCP) allows you to submit accounts instantly “GreenFlag has collected more than $600,000 for our office in delinquent insurance claims. The collection cost was a mere 1.1%!” Ruby Dust, Administrator Surgery, Inc. in Tulsa, Oklahoma *Company Average ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  13. 13. Internal complications... •  Rising internal recovery costs •  Continued depreciation of old accounts •  Billing staff tendency towards concentration on current accounts after numerous attempts to recover older debts have failed •  Continued restriction of cash-flow
  14. 14. How do you benefit? •  Using GreenFlag Profit Recovery at 30-45 days allows your staff to focus their attention and efforts on balances in the 0-30 day window. This reduces the number of accounts reaching 60 days. •  Quicker resolution of accounts effectively reduces the number of claims outstanding.
  15. 15. Phase II – Verbal Demands When intensive recovery efforts are required. Phase II - Verbal Demands employs a team of highly trained recovery specialists operating from nationwide call centers. Verbal Demands Phase: •  Professional, third party intervention •  A more intensive recovery program •  No collection, no charge •  Offers legal recourse for tough cases ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  16. 16. Legal Options Making the difference in the toughest cases: 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. ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  17. 17. Let’s Partner Together and Maximize Your Cash Flow! Your Systems Partner Account Manager Steven Wener I am here to support your success! Direct Line: (760) 300-9166 steven.wener@transworldsystems.com ® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
  1. A particular slide catching your eye?

    Clipping is a handy way to collect important slides you want to go back to later.

×