Many accounts departments have a good knowledge of the processes to follow when chasing monies owed. This can be a very unproductive way for your staff to spend their days.
There has to come a time when the polite enquiries and letters have to stop and firmer action is needed to claim the money that is rightfully yours and needed for your business to continue.
Eventually we have to go back to a point that is extremely important, understanding what you are allowed to do from a legal perspective that will ultimately make sure that you get your money. This maybe something that your team are not well versed in but if you then harass an individual for an unpaid invoice and do so in an incorrect manner, then all you are doing is making it harder for yourself to get the money that belongs to you.
However, by handing it over to a company that specialises in B2B debt recovery this is no longer an issue. As a result, you are going to have a certain sense of protection simply because you know that everything is being done to the letter of the law so you are going to be doing things right each and every step of the way.
Ultimately, this means that if it did go down the legal route then you would succeed and get the money that is owed whereas the same cannot be said if you push things of your own accord and make life harder for yourself. A lot of time could be wasted in a case you cannot win.
Premium Collections have 25 years experience in handling the legal side of the process and can make sure that the correct steps are followed.
Get in touch with the team today and see how we can help.
Call Us FREE From a Landline:0800 389 3842
"We have used Robert and his team on several occasions and they never fail to deliver results. They have a fantastic attitude with your clients, ensuring the future supplier-client relationship never becomes strained but use an approach that is certainly effective. We have had debts that have been outstanding almost 12-months and Premium Collections have recovered them within a couple of days of being instructed. We can’t recommend them enough."
John Allan – Altius Online Marketing
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