Outstanding and Collection Management
A strong accounts receivable management procedure will prevent the majority of unpaid invoices from becoming company obligations. To keep track of accounts receivable, for instance in areas where you don’t have workers that speak the local language, can be difficult for firms. To give you back control, we develop a tailored solution based on the requirements of your company.
- Our organization relies heavily on the portal, and we are pleased with it.
- You’ll find our process to be quick and simple to comprehend.
- We free up your time so you can see more clients and help me save hundreds of dollars.
- We make a sincere effort to comprehend your goals and how your business operates.
- Our key strengths are cost-effectiveness and security.
- Even if you require specialized service, we will continually go above and above.
With our assistance, your company can:
- Reduce DSO and the age range. When cash flow is in order, businesses operate more efficiently. To keep your firm liquid, we implement small improvements to lower your DSO and maintain quick billing cycles.
- Resolve linguistic obstacles in smaller markets- It might be challenging to find and keep employees who possess the knowledge and language skills you require. Everywhere in the world, we have proficient Accounts Receivable Managers who are familiar with the regional language and culture.
- Remain consistent and adaptable in credit control efforts. We chase unpaid invoices early to avoid issues with bad debts later, which results in a decrease in your past-due accounts receivable. Our skilled employees and credit management software ensure that consumers pay on time each time.
Our Services for Collecting Debt are as follows:
We are a pioneer in the debt collection sector and a top supplier of debt collection services in India because of our high success rate. We make sure that our performance meets your expectations while letting you take advantage of our extensive industry experience. Our full-service outsourcing for debt collection includes:
Tools for customer surveillance and verification
Businesses frequently struggle to locate customers or debtors whose contact details are unreliable or have changed. With the aid of O2I’s debt management system, you may obtain an online profile of the debtor, unleash the potential of analytics-driven data, and locate them.
Important debt collection data, such as various contact details, credit-based ratings, etc., are typically included in the debtor’s profile. The outcome is an efficient, customer-focused debt collection approach that can assist you in locating and getting in touch with evasive and difficult-to-reach creditors, raising your recovery percentage while lowering costs.
Debt Collection at the Early and Late Stages
We can reach out to debtors who have fallen behind on payments or are about to do so depending on their credit history and present them with options for debt restructuring while acting on your company’s behalf. We prioritize our efforts on your most urgent needs since we recognize how crucial an efficient collections strategy is to the operation of your organization. For determining which debtors are more likely to pay off their debt, our process concentrates on those who owe the most money.
Debt Dispute Management Solutions
Sadly, every firm must deal with erroneous debt profiles. The US Consumer Financial Protection Bureau (CFPB) reports that continued efforts by debt collectors to recoup a debt that has already been settled account for 65 percent of the complaints they receive. We make sure that these instances don’t happen using our data validation services. Additionally, to secure the best outcome for your company, all of our call center representatives receive conflict management training from professionals.
Portfolio Management of Debt
Our debt collection services automate critical decision-making processes with the use of accessible information and can make critical recommendations to alter cutoffs and apply new regulations based on existing data. In order to minimize legal risk and make the best use of your current resources to target other debtors, we also assist you in identifying high-risk accounts well in advance by researching bankruptcy, deceased, and other pertinent data. Our debt recovery services are perfect for
Debt Collection Contact Center Services
Our call center representatives have undergone extensive training in debt collection techniques and are able to remain composed even in challenging situations. Debt collection calls are among the most difficult to conduct, but our collection agents always do their best to represent you. Our agents make absolutely sure that your brand value is never damaged in the process and we make our call logs available as soon as possible.