Transworld Systems is a debt collection company that has been in business since 1970. It has over 60,000 clients and recovers debts across many industries. It has a higher recovery rate than the industry average of over 50% and charges clients an average of less than $10 per account. Transworld uses a three-phase approach to debt collection, starting with early intervention, followed by verbal demands if needed, and legal options if further recovery efforts are required, with no fees charged unless debts are recovered.
Home of the GreenFlag Profit Recovery System with flat fees averaging $10 per account, 24/7 online monitoring, and 130 US billing & collection agencies.
Transworld Systems is a debt collection agency that has been in business since 1970. It has over 60,000 clients and 100 offices nationwide. It prides itself on its high recovery rate of 56% compared to the industry average of 14%, and low cost of 4 cents per dollar collected on average. The document discusses Transworld's three-stage collection process, use of letters and phone calls to collect debts, and strategic partnerships with other organizations.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 60,000 clients, recovers over $2.4 billion annually, and has a success rate over 4 times the industry average. The document provides details on Transworld's client base, services, approach to debt collection, and performance compared to conventional methods.
A project report on analysis of the pre owned car market in hublli of true valueBabasab Patil
This document analyzes the pre-owned car market in Hubli for Bellad Motors' Maruti True Value program. It finds that most potential customers are professionals aged 25-45 who are interested in buying a certified pre-owned car. However, many are unaware of or unwilling to purchase from Maruti True Value due to concerns about price and preference for local uncertified dealers. The document recommends Bellad Motors target promotional activities at younger professionals and focus on changing perceptions about the True Value program by emphasizing its benefits over local dealers.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 60,000 clients and 100 offices nationwide. Transworld has recovered over $2.4 billion for its clients in the past 5 years, with a success rate over 4 times the industry average. It serves a wide range of industries and clients that extend credit or accept checks. Transworld's GreenFlag debt collection program aims to minimize clients' internal collection expenses while preserving customer relationships through an early intervention approach with fixed fees averaging less than $10 per account.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 63,000 clients, recovered $2.4 billion in the last 5 years, and has a recovery success rate that is over 4 times the industry average. The document discusses Transworld's services, markets served, early intervention strategy, online account management tools, multi-stage collection process, and real client results to demonstrate why its approach is effective.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 63,000 clients, 100+ offices nationwide, and has recovered over $2.4 billion for clients in various industries over the past 5 years. It offers accounts receivable management services, including early intervention, online account management, and different escalating collection approaches, including verbal demands and legal options if needed, with no fees if no money is collected. Its goal is to work with clients in a professional manner to maximize their cash flow recovery.
The document describes Transworld Systems Inc., which offers accounts receivable management solutions. It highlights Transworld's GreenFlag three-stage approach, which aims to recover accounts earlier while maintaining client relationships. This approach involves in-house efforts, third-party intervention by GreenFlag at a fixed fee, and optional contingency collection if needed. The document provides statistics showing GreenFlag achieves higher recovery rates and lower costs than other methods.
Home of the GreenFlag Profit Recovery System with flat fees averaging $10 per account, 24/7 online monitoring, and 130 US billing & collection agencies.
Transworld Systems is a debt collection agency that has been in business since 1970. It has over 60,000 clients and 100 offices nationwide. It prides itself on its high recovery rate of 56% compared to the industry average of 14%, and low cost of 4 cents per dollar collected on average. The document discusses Transworld's three-stage collection process, use of letters and phone calls to collect debts, and strategic partnerships with other organizations.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 60,000 clients, recovers over $2.4 billion annually, and has a success rate over 4 times the industry average. The document provides details on Transworld's client base, services, approach to debt collection, and performance compared to conventional methods.
A project report on analysis of the pre owned car market in hublli of true valueBabasab Patil
This document analyzes the pre-owned car market in Hubli for Bellad Motors' Maruti True Value program. It finds that most potential customers are professionals aged 25-45 who are interested in buying a certified pre-owned car. However, many are unaware of or unwilling to purchase from Maruti True Value due to concerns about price and preference for local uncertified dealers. The document recommends Bellad Motors target promotional activities at younger professionals and focus on changing perceptions about the True Value program by emphasizing its benefits over local dealers.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 60,000 clients and 100 offices nationwide. Transworld has recovered over $2.4 billion for its clients in the past 5 years, with a success rate over 4 times the industry average. It serves a wide range of industries and clients that extend credit or accept checks. Transworld's GreenFlag debt collection program aims to minimize clients' internal collection expenses while preserving customer relationships through an early intervention approach with fixed fees averaging less than $10 per account.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 63,000 clients, recovered $2.4 billion in the last 5 years, and has a recovery success rate that is over 4 times the industry average. The document discusses Transworld's services, markets served, early intervention strategy, online account management tools, multi-stage collection process, and real client results to demonstrate why its approach is effective.
Transworld Systems Inc. is a debt collection agency that has been in business since 1970. It has over 63,000 clients, 100+ offices nationwide, and has recovered over $2.4 billion for clients in various industries over the past 5 years. It offers accounts receivable management services, including early intervention, online account management, and different escalating collection approaches, including verbal demands and legal options if needed, with no fees if no money is collected. Its goal is to work with clients in a professional manner to maximize their cash flow recovery.
The document describes Transworld Systems Inc., which offers accounts receivable management solutions. It highlights Transworld's GreenFlag three-stage approach, which aims to recover accounts earlier while maintaining client relationships. This approach involves in-house efforts, third-party intervention by GreenFlag at a fixed fee, and optional contingency collection if needed. The document provides statistics showing GreenFlag achieves higher recovery rates and lower costs than other methods.
This document describes Transworld Systems Inc., which offers accounts receivable management solutions. It highlights Transworld's GreenFlag three-stage approach, which aims to recover accounts earlier while maintaining client relationships. This approach involves in-house efforts, third-party collection with Transworld, and optional contingency collection. The document provides details on Transworld's collection methods and claims higher recovery rates and lower costs than traditional contingency-based approaches.
Transworld Systems Inc. is a collections agency that has been in business since 1970. It has over 60,000 clients, 100 offices nationwide, and has recovered over $2.4 billion in the last 5 years across various industries. It has a success rate over 4 times the industry average and provides 24/7 online account management. It is an approved partner of MGMA and its collection methods have been peer reviewed by HFMA. Transworld uses a multi-step collection process involving letters and phone calls to optimize collections in a cost effective manner before placing accounts with a collection agency.
The document is a marketing brochure for Transworld Systems Inc, a debt collection agency. It summarizes that Transworld has over 60,000 clients, has recovered over $2.4 billion in debts, and has a success rate over 4 times the industry average. It describes the services offered, including online account management, written demands, phone calls, and legal collection options if needed to recover debts.
The document is a marketing brochure for Transworld Systems Inc, a debt collection agency. It summarizes that Transworld has over 60,000 clients, has recovered over $2.4 billion in debts, and has a success rate over 4 times the industry average. It describes the services offered, including online account management, written demands, phone calls, and legal collection options if needed to recover debts.
This document appears to be a presentation from Transworld Systems Inc. discussing their debt collection services. The presentation covers Transworld's overview and history, the services they offer including written demands and phone collections, client testimonials, statistics on their recovery rates compared to other collection agencies, and their online account management portal. It emphasizes that using their services can help clients recover more money from past due accounts at a lower cost than handling collections internally.
+ + Rww Gen Bus Ppp With Demands And Gfa Show File 090910BOB WEISS
The document is an advertisement for Green Flag Profit Recovery, a collection agency. It summarizes their services as using a 4-step process of letters and phone calls to collect on overdue accounts, often at lower costs than other agencies. It promotes their ability to help recover money owed to companies while maintaining control over accounts.
Our GreenFlag Medical Accelerator program allows you to accelerate your cash flow ensuring your recently past due customers are contacted BY YOU in a diplomatic, systematic manner to more quickly stimulate payment and more rapidly identify those that have a more serious issue preventing payment.
GreenFlag Profit Recovery by Transworld Systems collects more money at a lower cost than typical collection agencies. It has an average recovery rate of 56% compared to 14% for other agencies, and collects money at an average cost of less than 4 cents per dollar versus 33 cents per dollar for other agencies. GreenFlag has over $2.4 billion in recoveries for clients in the last 5 years and has been in business recovering money since 1970.
ERA provides cost management services to help clients reduce expenses and boost profits. As the world's largest cost management specialist, ERA has over 1,000 associates in 29 countries who can help clients across industries. ERA analyzes a client's spending, benchmarks it against other companies, negotiates better rates and terms with suppliers, and implements changes, typically achieving savings of 5-20% within 6-10 weeks. ERA only charges contingency fees based on 50% of actual savings achieved, so clients keep 100% of savings with no risk if none are found.
The document introduces Green Flag Accelerator, a service from Transworld Systems Inc. that helps small and medium sized businesses systematically contact customers who are past due on payments. It provides a 5-contact sequence over 30 days, including reminder letters and automated phone calls, to resolve past due accounts before sending them to collections. The service aims to improve cash flow for businesses by reconnecting them with customers and generating payments in a diplomatic and cost-effective way. It also provides billing management and reporting through a web-based system.
This document provides an overview of services from Transworld Systems Inc. to help businesses manage cash flow by improving accounts receivable collections. The services include automated follow-up with customers to collect on overdue invoices using increasingly urgent messages. Fees range from $10-30 per account and clients report collection rates over 50% and savings of 30-70% compared to traditional collection agencies.
This document provides an overview of Transworld Systems Inc.'s cash flow management services. It discusses their experience helping over 200,000 clients resolve $6 billion in accounts receivable using low fixed-fee pricing. Their approach involves transitioning accounts from initial statements to collection demands in order to create urgency and increase recovery rates for clients.
Mr. Electric Wicklow & Kildare is a franchise of Mr. Electric, a global electrical installation and repair company with over 60 franchises in the UK and Ireland and 200 franchises worldwide. Mr. Electric is part of The Dwyer Group franchise network, the largest franchise management company globally with over 1400 locations across 30 countries. Mr. Electric provides electrical services to both residential and commercial customers, including various industries such as retail, office buildings, restaurants, and more.
Gfa Timeline And Contact Series Generic Embedded[1]jeff dorsey
- Green Flag Accelerator is a service that systematically contacts late-paying clients on behalf of businesses to resolve past due accounts before they need to be sent to collections.
- It involves 5 contacts over 30 days, including 3 reminder letters and 2 automated phone calls, all made in the name of the business client for an average cost of $10.
- The service aims to more efficiently reconnect businesses with customers, generate payments, and improve cash flow by outsourcing billing follow-ups through its web-based system.
This document discusses disaster recovery and business continuity solutions from CIO Office. It begins by highlighting the importance of having plans to ensure business continuity in the event of a disaster. It then discusses different types of disasters and failures that can cause data loss. The document emphasizes that backups alone are not sufficient and advocates for a comprehensive disaster recovery solution. It introduces CIO Office's Tech Advantage BDRS which provides near real-time backups, off-site storage, monitoring and virtualization to allow for fast recovery from any disruption. Pricing and features of the different BDRS systems are provided.
The document discusses how capacity exchange works as an alternative to direct barter or cash transactions. It notes that over 30% of global trade is done non-cash through various capacity exchange programs. Capacity exchange allows unused goods and services to be traded among participating businesses to generate new revenue. Ormita acts as the intermediary, recording transactions and finding alternative suppliers. This creates a centralized ledger similar to a bank statement to track debits and credits over time as trades are made. A wide range of capacities from different industries can be traded, allowing businesses to promote their products or services without using cash.
The document discusses trends in capital market operations and processing that are driving demand for outsourcing middle and back office functions. It outlines the benefits of outsourcing such as reduced costs, improved scalability and data integrity. The document then describes Variman's middle and back office outsourcing services and proprietary TradeOp technology platform that offers customizable reporting, risk management and a global dashboard for real-time fund monitoring. It positions Variman as differentiated from other providers by their current technology, white glove service approach and client control over operations.
AmCorp Management, Inc. is an expense analysis and recovery firm that has helped over 10,000 clients recoup and save over $700 million by identifying overpayments and unused tax benefits through audits of expenses like leases, property taxes, utilities, and workers' compensation. The document describes AmCorp's services and experience analyzing expenses for businesses of all sizes, and provides examples of savings clients have achieved through AmCorp's audits.
Aditya Birla Minacs is a business process outsourcing company with over 13,000 employees worldwide. It provides customized contact center, customer relationship management, knowledge process outsourcing, IT, and marketing services to over 50 marquee clients, including 15 Fortune 500 companies. Aditya Birla Minacs has a strong focus on quality and innovation as evidenced by its numerous industry awards and certifications.
Transworld Systems is the industry leader in streamling operational processes and reducing internal & external costs. We pride ourselves in increasing productivity and profits and the most economical
This document describes Transworld Systems Inc., which offers accounts receivable management solutions. It highlights Transworld's GreenFlag three-stage approach, which aims to recover accounts earlier while maintaining client relationships. This approach involves in-house efforts, third-party collection with Transworld, and optional contingency collection. The document provides details on Transworld's collection methods and claims higher recovery rates and lower costs than traditional contingency-based approaches.
Transworld Systems Inc. is a collections agency that has been in business since 1970. It has over 60,000 clients, 100 offices nationwide, and has recovered over $2.4 billion in the last 5 years across various industries. It has a success rate over 4 times the industry average and provides 24/7 online account management. It is an approved partner of MGMA and its collection methods have been peer reviewed by HFMA. Transworld uses a multi-step collection process involving letters and phone calls to optimize collections in a cost effective manner before placing accounts with a collection agency.
The document is a marketing brochure for Transworld Systems Inc, a debt collection agency. It summarizes that Transworld has over 60,000 clients, has recovered over $2.4 billion in debts, and has a success rate over 4 times the industry average. It describes the services offered, including online account management, written demands, phone calls, and legal collection options if needed to recover debts.
The document is a marketing brochure for Transworld Systems Inc, a debt collection agency. It summarizes that Transworld has over 60,000 clients, has recovered over $2.4 billion in debts, and has a success rate over 4 times the industry average. It describes the services offered, including online account management, written demands, phone calls, and legal collection options if needed to recover debts.
This document appears to be a presentation from Transworld Systems Inc. discussing their debt collection services. The presentation covers Transworld's overview and history, the services they offer including written demands and phone collections, client testimonials, statistics on their recovery rates compared to other collection agencies, and their online account management portal. It emphasizes that using their services can help clients recover more money from past due accounts at a lower cost than handling collections internally.
+ + Rww Gen Bus Ppp With Demands And Gfa Show File 090910BOB WEISS
The document is an advertisement for Green Flag Profit Recovery, a collection agency. It summarizes their services as using a 4-step process of letters and phone calls to collect on overdue accounts, often at lower costs than other agencies. It promotes their ability to help recover money owed to companies while maintaining control over accounts.
Our GreenFlag Medical Accelerator program allows you to accelerate your cash flow ensuring your recently past due customers are contacted BY YOU in a diplomatic, systematic manner to more quickly stimulate payment and more rapidly identify those that have a more serious issue preventing payment.
GreenFlag Profit Recovery by Transworld Systems collects more money at a lower cost than typical collection agencies. It has an average recovery rate of 56% compared to 14% for other agencies, and collects money at an average cost of less than 4 cents per dollar versus 33 cents per dollar for other agencies. GreenFlag has over $2.4 billion in recoveries for clients in the last 5 years and has been in business recovering money since 1970.
ERA provides cost management services to help clients reduce expenses and boost profits. As the world's largest cost management specialist, ERA has over 1,000 associates in 29 countries who can help clients across industries. ERA analyzes a client's spending, benchmarks it against other companies, negotiates better rates and terms with suppliers, and implements changes, typically achieving savings of 5-20% within 6-10 weeks. ERA only charges contingency fees based on 50% of actual savings achieved, so clients keep 100% of savings with no risk if none are found.
The document introduces Green Flag Accelerator, a service from Transworld Systems Inc. that helps small and medium sized businesses systematically contact customers who are past due on payments. It provides a 5-contact sequence over 30 days, including reminder letters and automated phone calls, to resolve past due accounts before sending them to collections. The service aims to improve cash flow for businesses by reconnecting them with customers and generating payments in a diplomatic and cost-effective way. It also provides billing management and reporting through a web-based system.
This document provides an overview of services from Transworld Systems Inc. to help businesses manage cash flow by improving accounts receivable collections. The services include automated follow-up with customers to collect on overdue invoices using increasingly urgent messages. Fees range from $10-30 per account and clients report collection rates over 50% and savings of 30-70% compared to traditional collection agencies.
This document provides an overview of Transworld Systems Inc.'s cash flow management services. It discusses their experience helping over 200,000 clients resolve $6 billion in accounts receivable using low fixed-fee pricing. Their approach involves transitioning accounts from initial statements to collection demands in order to create urgency and increase recovery rates for clients.
Mr. Electric Wicklow & Kildare is a franchise of Mr. Electric, a global electrical installation and repair company with over 60 franchises in the UK and Ireland and 200 franchises worldwide. Mr. Electric is part of The Dwyer Group franchise network, the largest franchise management company globally with over 1400 locations across 30 countries. Mr. Electric provides electrical services to both residential and commercial customers, including various industries such as retail, office buildings, restaurants, and more.
Gfa Timeline And Contact Series Generic Embedded[1]jeff dorsey
- Green Flag Accelerator is a service that systematically contacts late-paying clients on behalf of businesses to resolve past due accounts before they need to be sent to collections.
- It involves 5 contacts over 30 days, including 3 reminder letters and 2 automated phone calls, all made in the name of the business client for an average cost of $10.
- The service aims to more efficiently reconnect businesses with customers, generate payments, and improve cash flow by outsourcing billing follow-ups through its web-based system.
This document discusses disaster recovery and business continuity solutions from CIO Office. It begins by highlighting the importance of having plans to ensure business continuity in the event of a disaster. It then discusses different types of disasters and failures that can cause data loss. The document emphasizes that backups alone are not sufficient and advocates for a comprehensive disaster recovery solution. It introduces CIO Office's Tech Advantage BDRS which provides near real-time backups, off-site storage, monitoring and virtualization to allow for fast recovery from any disruption. Pricing and features of the different BDRS systems are provided.
The document discusses how capacity exchange works as an alternative to direct barter or cash transactions. It notes that over 30% of global trade is done non-cash through various capacity exchange programs. Capacity exchange allows unused goods and services to be traded among participating businesses to generate new revenue. Ormita acts as the intermediary, recording transactions and finding alternative suppliers. This creates a centralized ledger similar to a bank statement to track debits and credits over time as trades are made. A wide range of capacities from different industries can be traded, allowing businesses to promote their products or services without using cash.
The document discusses trends in capital market operations and processing that are driving demand for outsourcing middle and back office functions. It outlines the benefits of outsourcing such as reduced costs, improved scalability and data integrity. The document then describes Variman's middle and back office outsourcing services and proprietary TradeOp technology platform that offers customizable reporting, risk management and a global dashboard for real-time fund monitoring. It positions Variman as differentiated from other providers by their current technology, white glove service approach and client control over operations.
AmCorp Management, Inc. is an expense analysis and recovery firm that has helped over 10,000 clients recoup and save over $700 million by identifying overpayments and unused tax benefits through audits of expenses like leases, property taxes, utilities, and workers' compensation. The document describes AmCorp's services and experience analyzing expenses for businesses of all sizes, and provides examples of savings clients have achieved through AmCorp's audits.
Aditya Birla Minacs is a business process outsourcing company with over 13,000 employees worldwide. It provides customized contact center, customer relationship management, knowledge process outsourcing, IT, and marketing services to over 50 marquee clients, including 15 Fortune 500 companies. Aditya Birla Minacs has a strong focus on quality and innovation as evidenced by its numerous industry awards and certifications.
Similar to Transworld Systems Profit Recovery Program (20)
Transworld Systems is the industry leader in streamling operational processes and reducing internal & external costs. We pride ourselves in increasing productivity and profits and the most economical
Medical Presentation With Insurance 3 2008[1]jeff dorsey
Transworld has consistently recovered funds at a higher rate than the national collections industry average. Last year they recovered over $700 million for more than 60,000 clients. Their three phase approach aims to optimize in-house collection efforts first before moving to a fixed fee third party approach, and finally conventional contingency collection methods if needed. The document provides details on Transworld's collection processes and rates.
Transworld Systems Inc. is an industry leader in recovering slow-paying and delinquent insurance claims for healthcare providers, having recovered over $2.5 billion for its clients over 40 years. Its GreenFlag Insurance Resolution Recovery tool assists medical practices in rapidly recovering and resolving delayed insurance claims, reducing costs and improving cash flow. GreenFlag contacts insurance carriers directly as a licensed third party, expediting claim resolution. It has achieved high recovery rates, returning over $400,000 for one client and $385,000 for another from older claims totaling $622,000 and $584,000, respectively, in just 60 and 75 days. Using GreenFlag at 30-45 days past due allows practices to focus on newer
Green Flag Profit Recovery Messenger Presentation Pages 12 1[1]jeff dorsey
GreenFlag Messenger is a debt collection service that includes 3 written demands and 2 automated phone calls to recover unpaid debts. It utilizes 3rd party collection agencies to contact consumers by letter or automated phone calls in an attempt to collect on overdue payments. The service replaces demands 2 and 4 with prerecorded phone messages informing consumers of the amount owed and urging them to contact the original creditor.
Transworld Systems offers outsourcing services for accounts receivable management that are customized to clients' needs. They can take over various tasks like live and automated reminder calls, inbound call management, and custom letters and statements. This allows clients to focus on their core business while Transworld handles their A/R needs using their expertise. Transworld provides flexible outsourcing options and can customize a solution for any tasks a client wants help with, such as reminder call outsourcing to supplement or replace internal calls at a lower cost.
Medical Presentation With Insurance 3 2008[1]jeff dorsey
Transworld has consistently recovered more than the national average for collections agencies, recovering over $700 million last year for more than 60,000 clients. They use a three phase approach that begins with optimizing in-house collection efforts, followed by using Transworld for in-house collections, and then conventional collection methods if needed. Transworld guarantees accounts will be contacted every 10-14 days and has an average recovery rate of 56% at a cost of 7 cents per dollar recovered.
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. Transworld Systems Inc.
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
® 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. 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. What Our Clients Have in Common
• They extend credit and/or accept checks
• They have an individual or entire department devoted to
collecting past due accounts internally
• They use GreenFlag Profit Recovery as a way to reduce internal
expenses & increase cash flow
“As a national direct marketer, we faced some very unique challenges in the area of
collections. Transworld not only helped us meet these challenges, but helped us
exceed our goals in a very cost-effective manner.”
Tom Miglino, Vice President – American Mint
® 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. What the Experts Say
“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
“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
“Transworld gets credit for the highest recovery rate in the industry.”
Barron’s
® 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. Why it Works
• 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.
® 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. Conventional Two Stage Approach
Day 30 Day 60 Day 90 Day 120 Day 150
In-House Statement Statement Statement, Statement, Statement,
Efforts Letter #1, Letter #2, Letter #3,
Phone Calls Phone Calls Phone Calls
Day 180
Out-
sourcing Intensive telephone contact and/or legal action at a cost of 25-50% of
recovered amounts.
According to the Dartnell Institute, the average cost of working an
account internally over a six month period is $31.60 per 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
8. Decrease in Recoverability
® 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. GreenFlag Three Stage Approach
Conventional
Transworld
In-House Efforts Collection
Systems
Methods
® 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. GreenFlag Three Phase Approach
Current 30 Days 60 Days
In-House Statement Statement Statement
Efforts Phone Call Phone Call
Limit internal efforts to less than $11 per account
90 Days 104 Days 118 Days 132 Days 146 Days
Transworld We contact slow paying accounts every 10-14 days – at
Systems 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.
Conventional 180 Days/Write Off
Collection Contingency Based Collections
Methods Transworld Systems Collections*
* Optional Service Provided
® 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. 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
12. 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 dollar
Average
Agency collected
Collected
14%
(ACA
Average)
TSI Cost:
According to the American Collectors Association,
4¢ per dollar
Average the average collection agency collects less than
collected
Agency Cost:
33%
14% of all debts assigned at an average cost of 33
(company (ACA
cents per dollar.
average) 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. 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
14. 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
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. Debtor Contact Map – Local Presence
® 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. 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
18. Early Intervention with GreenFlag
According to the Dartnell Institute, the average cost of working
an account over a six month period is $31.60 per 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
19. Why Do GreenFlag Demands Work?
• Return address is from closest contact office debtor which is zip code
activated. Local contact!
• No company name, only PO Box on envelope which makes it hard to
recognize. Gets opened!
• Size changes from mailgram to letter size every 10 days.
• Return payment envelope & tear off voucher 1st, 3rd, & 5th demands.
The only thing we don’t do is lick the stamp for them!
• FDCPA Disclaimer on the bottom of the 1st demand for payment.
• 3rd party impact!
® 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
20. 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
21. First Demand, Intensive
® 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
22. Second Demand
® 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
23. Third Demand
® 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
24. Fourth Demand
® 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
25. Fifth & Final Demand
® 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
26. 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
27. Monroe Design – Status Report
® 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
28. Alliances/Partnerships Overview
Strategic Alliances & Partnerships Deliver Better Support
The strength of our strategic relationships is apparent in the caliber of our
alliances.
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.
® 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
29. 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.
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.
® 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