Account Receivables Management System

Recoverability Timeline - The older an account, the less recoverablePay Less Depreciation Chart

Early Intervention - Key to Successful Collections

According to the U.S. Department of Commerce, the older an account, the harder it is to collect.

The GreenFlag Profit Recovery is uniquely designed to work accounts earlier - when they're more collectible. Most businesses wait too long to turn accounts over to a collection agency because:

  1. They want to avoid the high cost of traditional collection agency services
  2. They fear alienating potentially "good" customers

GreenFlag works because - it offers a low, flat fee averaging $10 per account versus a high percentage; and provides a diplomatic approach that collects money and keeps the customer.

Example: 100 accounts over one year at:
* 90 days = 26% are uncollectible
* 120 days = 35% are uncollectible
* 6 months = 70% are uncollectible
* 1 year = not worth the paper they’re printed on

Our early intervention collection system delivers higher recovery rates:

  • 56%* at an average cost of 4 cents on a dollar, compared to 14% collected by traditional agencies at average cost of 33% per dollar collected
  • Consistent approach on all accounts regardless of balance

GreenFlag clients receive 4 times the recovery rate at about 1/8th of the cost! Prove it to yourself!

*56% recovery rate is our company average.

Business Quote

Request a Quote

 

Transworld is the Cost Effective Solution ~American Mint

"As a national direct marketer, we faced some very unique challenges in the area of collections. Transworld not only helped us meet these challenges, but helped us exceed our goals in a very cost-effective manner."

American Mint
Tom Miglino, Vice President

View More Success Stories

First Name: Last Name:
Company Name: 
Telephone:  ( )
Email: 
Zip Code: 
Are you affiliated with:
Have you been contacted by a rep?  No  Yes 
I would like to receive company information and promotions via email.