Green Flag Profit Recovery Presentation
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GreenFlag Profit Recovery is an extremely affordable revenue cycle management tool. It\'s a perfect compliment for your in house accounts receivable process.
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Transworld Systems Inc. is a debt collection agency that has recovered over $2.4 billion for its customers since 1970. It recovers debts at a rate that is over 4 times the industry average, with an average cost of only $10 per account. The agency has over 9,000 associates working out of 100 offices nationwide. It offers a full suite of debt collection and recovery services for businesses.
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The document provides an overview of Transworld Systems Inc., a company that helps other businesses collect past due accounts. Some key details:
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Green Flag Profit Recovery Presentation
- 1. The tools to help you MIND YOUR OWN BUSINESS
- 3. Some of the Industries Using GreenFlag Profit Recovery Services: Heating and Air Conditioning Services Ambulance services Florists Newspapers and Magazines Cellular Telephone Services Professional Athletic Teams Printing Shops Wholesalers & Retailers Fuel Oil Companies Girl Scout Councils & YMCAs Security Alarm Companies Veterinarians Trade Schools CPA’s Private Schools Attorneys Auto Dealers Banks and Credit Unions Industrial Manufacturers and Distributors Travel Agencies Libraries Video Stores Hotels Clothing Manufacturers Pest Control Colleges and Universities Advertising and Marketing Firms Convention Services City, County & State Governments Mail Order Houses Utility Companies Hospitals, Medical & Dental Practices TV & Radio Stations
- 7. Accounts Receivable Analysis Business Name : ____________________ Phone # :__________ Contact Person : ____________________ Date : __________ Internal Procedures: How is billing accomplished? ____ Computerized _____ Manual Is your staff familiar with the laws that regulate collections? ___ Yes ___ No What is your billing cycle? ___ Monthly ___ Weekly ___ Daily How Many? ____ How many bad checks do you get monthly/weekly? ____ How many now? ______ Avg. Balance? ______ Do you redeposit checks? Y/N Amt. Service Charge? ______ Follow Up Procedures: Collections Efforts: Do you use a collection agency/attorney? After what time period? What is their recovery rate? What do they charge?
- 8. Conventional Collection Approach Typical In-House Collection Efforts Conventional Contingency Collection Agency or Attorney
- 9. GreenFlag Three Phase Service
- 10. Start Early - Recover More