Collection Services
S&S Associates specializes in high volume debt collection. A genuine understanding of our clients’ needs, values and priorities empowers us to deliver, efficient, tailor-made debt collection services at competitive rates.
When you're choosing a collection agency, integrity and reputation are among the most important considerations. A company that uses dubious methods to collect debt damages your reputation too, costing you current and future customers. In worst-case scenarios, your company could face litigation for a collection agency’s illegal practices, even if you were not aware of its
actions.
actions.
All debt collection or recoveries are required to comply and abide with law regulating the industry, the Fair Debt Collection Practices is very important aspect .
S&S Associates is best in debt collection, we use tools such as technologies, partnerships with other agencies and attorneys, and a highly skilled and trained staff to recover money owed to your business. Here’s more about the tech they use to locate debtors and recoup money owed to
you.
- Skip-tracing services locate customers who are hard to find. Typically, agencies consult
databases that allow the collection firm to find debtors who have moved without leaving
a forwarding address. Many agencies offer this service, but some provide advanced
features that allow them to find even the hardest people to locate. If an agency does not
offer skip tracing, it will have a much harder time finding debtors who have moved, and
the chance of you recovering any money is very slim. - Today’s tech lets you go beyond phone calls and snail mail; collection firms work more
directly with debtors to negotiate payments. These strategies appeal to younger debtors
and those who are uncomfortable discussing their payment obligations over the phone. - Algorithm-based collections tailor collection strategies to the debtor. Collection
agencies can build a profile to better understand the debtor and the right way to resolve
the debt. Often, email is the first form of communication, rather than a formal letter. - Online access allows you to quickly submit new delinquent accounts, monitor the status
of current accounts, communicate with the agency and run reports on the status of your
collections. This is especially helpful if you have multiple past-due accounts and time is
of the essence.