Benefits of Outsourcing Your A/R Collections

• Eliminates your expenses for letters, phone calls, hiring and training
• A specialized approach by A/R Experts increases amount and speed of your cash flow
• Free up your employees so they can concentrate on what they are good at
• Speed up payments from accounts
• Improve customer retention
• Improve collections
• Reduce costs

If you find that you don't have the time or staff to make written demands for payment, send copies of bills, make collection calls or do follow up on payment promises, perhaps you need a professional to outsource them for you.

MAD Collection Agency, LLC's job is to collect your money, find disputes, or advise if the account is or could be a collection problem.  We will do this in your name using your address and phone number.  We would have one contact person in your office in the event we have to leave a number for the debtor to return the call.

Due to different delays typical in cash application and posting, we will send your demand letters at 14 day intervals or as often as you request.  Collection calls will also be made during this process.

Recap reports are generated monthly showing activity on your accounts.  Reports on disputes are generated to you as they occur, by phone, email or fax, which ever you choose.

You retain complete control of each account and all money is paid directly to you by the debtor.  You can accept or reject payment arrangements, make adjustments or stop the service with a 90 day notice if you wish.

Whether you want to outsource just one function or your entire receivables department, we can accommodate you.

WHY OUTSOURCE YOUR A/R COLLECTIONS?

You hire specialists to handle your business needs such as computer programming, accounting, taxes, and other time-consuming areas that are not cost effective to manage internally.  Why not hire a collection specialist to manage your collections on an ongoing basis?  It makes good sense for a company to retain a third party to get involved in the collection proceedings before accounts become extremely aged and more costly to collect.

HOW MAD COLLECTION AGENCY CAN HELP

Through our A/R Outsourcing Program, MAD Collection Agency, LLC initiates contact with the debtor in your company's name so that your customers have no knowledge of our involvement in your collection process.  Should a debtor need to return a telephone call, or reach your company for any reason, we provide the name and telephone number of a contact person directly within your company who can be reached regarding the collection matter.

Due to different delays typical in cash application and posting, we will send collection letters in 14-day intervals, or as often as you request.  During the process, direct collection calls will be made to the debtors.  Monthly recap reports will be generated showing all activity on your accounts.  All reports setting forth disputes will be generated to you as they occur, either by your preference of telephone, fax, or e-mail transmission.

While MAD Collection Agency, LLC makes every attempt to collect your past-due receivables, you retain complete control of each account and any monies that are paid directly to you by the debtor.  You maintain the right to accept or reject payment arrangements, make adjustments, or stop the service with a 90-day notice.  Whether you want to outsource just one function or your entire receivables department, we are able to accommodate you!

Our fees are based on:

• The age of the account
• The average balance
• The extent of services you request to include the number of letters and telephone calls