Business Services

Receivables Lifecycle Management

Receivables and Recovery Services

In this day and age where “Cash is King” and the ability to manage receivables is critical to survival, the decision to partner with PSG is one that makes a positive statement to your shareholders and more importantly, your bottom line.

The receivables process can be defined in the following steps:

          • Credit approval and use
          • Bills/Invoices prepared and sent
          • Client follow-up needed
          • Recovery process needed if they do not pay as per terms
          • Legal recovery process needed if delinquency enters write-off status

Every step described above requires techniques and best practices that are critical to your ability to receive all receivables due to your company. If your current receivables management operations are not consistently trained nor have the technology and tools to properly manage the process of getting your money back anywhere along the way, then your risk of recovery increases dramatically.

The portal services offered by PSG ensure you can optimize your ability to get all your money faster and in full over the lifecycle.

When it comes time to partner with a company who can work closely with your accounts receivables team to properly manage all stages of your receivables lifecycle, PSG should be your choice.

Contingency Fees That Protect Recovery Ratios

  • In the past, collection companies quoted you low fees to get your business, this insures that they could not work your accounts with any extended effort or expense. Their hope was to get the “cream” off the top and not spend any time or money working the accounts thoroughly.

  • PSG evaluates your business with a member of management working your accounts first, thus allowing us to recover maximum dollars and to train the recovery agents specifically on your business.

  • In many cases, PSG can add your cost to the delinquent debtor’s bill, thereby costing you NOTHING.

Faster Floor Time – Accounts Worked Now!

  • PSG does not believe in accounts sitting in the system, being lettered and/or not being worked. Most collection companies will wait 30 to 60 days before they are placed on with a collector and start making calls.

  • Accounts assigned to Collector In PSG’s contact center, your accounts are worked within 48 hours after data input. This means maximum revenue recoveries for you NOW!

 
We're here to help
Channel PartnersEasy ways to get the answers you need.

Or call us:
912-629-7500



Professional and Adaptable Recovery Team
Profit Services Group Call Center Staff

The present economy does not allow for any margin of error in relation to debtor contact. Our recovery agents are trained and monitored by our management team on a daily basis.

A management team member is on the recovery floor at all times to ensure quality recoveries and skip tracing performance.

This hands on training approach insures and produces minute-by-minute training on each debtor contact.

Our Experienced Management Team brings over 60 years of Experience in the Collection Industry

Tim Shaffer

Tim Shaffer

CEO/Client Development
Mr. Shaffer joins Profit Services Group (PSG) from more than 25 years in the medical collections and receivables management industry. He has built collection agencies and in-house collection systems for local hospitals and clinics and managed the processes for them.
Learn More...
David Freitag

David Freitag

CFO/President of Operations
Mr. Freitag has managed operations and business development for the collection industry for the past 25 years. He was previously the owner of Credit Collection Services Group and is now owner of the Profit Services Group.

Learn More...
Copyright 2009 Profit Services Group, All Rights Reserved. Site Design by Beanslive.com