
Are you concerned about your ROI on Final Accounts?
Our FORCE Red
Service is the Answer.
FORCE Rx is designed to provide a more effective Collections CURE capability and reduce your dependency on Collection Agencies.
If you stop to think about it, the Collection Agency
model for dealing with final or written-off accounts is standard to almost
every credit providing organization. But is it the best solution? What if
you could reduce your dependency on Collection Agencies, avoid the risk of
negative customer experience while dramatically reducing your costs? You
can!
Most companies have standardized processes for dealing
with final accounts. This typically involves sending limited notices once
an account is deemed 'final' and then following a traditional third-party
assignment strategy with collection agencies. This process is costly and often
provides limited results. Notices often go 'unread', since a final account
usually involves a customer who has moved or 'skipped'. Collection Agencies
typically charge between 17-23% commissions for collected values.
FORCE Rx
provides an opportunity to reduce the costs associated with undelivered notices
and ineffective collection agencies while dramatically increasing recoveries
by "curing" the accounts before they are sent to agencies.
In addition, FORCE Rx
eliminates the negative impacts to the Customer Relationship that are often
associated with Collection Agency assignment and treatment.


On average, FORCE RX Clients reduce their Final Account processing costs by 50-70% while increasing their recoveries by up to 400%.
Believe it!