The post-recession years in the UK have seen an explosion in employment, with the number of people in work reaching record numbers. Even while wage growth has remained sluggish, the Office for National Statistics (ONS) reports that the employment rate has…
Our Debt Recovery Team have been involved in many high-volume commercial debt collection projects over the years, achieving unbeatable success. As we have a case management system expert on board, we can offer a truly bespoke commercial debt recovery service to our clients. We work with you to understand your requirements and, using our knowledge and experience, we change our operations and processes to suit your individual needs. We are set up to answer a high volume of calls, deal with all incoming emails and post and we also take payments from your debtors, taking all the strain away from you and your team. Furthermore, as our reporting capabilities are second to none, we can provide you with a detailed report on a weekly basis, so you are kept up-to-date at each stage.
We acted for a large business support company, where we were instructed to chase over 2,400 accounts for debts aged between two and five years old. Letters were posted within 24 hours and our Team fielded over 600 calls in the first week, as well as a large number of emails. Our Debt Recovery Team worked hard on the project for a number of months and we managed to recover 74% of the debts without the need for legal action, which is a great result considering the age of the debts.