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Testimonials
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"CRFS not only has collected over 68% of our bad debt, their abilities have taken a tremendous burden off my shoulders. With revenues of over 1.5 billion a year, and the responsibility of keeping our DSO at 32 days or less, I appreciate all of you."
- Securitas
Outsourcing Overview
Credit grantors realize that they cannot touch every account in their A/R portfolio. Clients can best utilize their time managing the larger complex transactions associated with their
significant customers and allow CRFSolutions to cost effectively handle smaller balance accounts.
Outsourcing solutions include Early Treatment Outsourcing, Fixed Fee - First and Third Party Programs. The Value Proposition
offered through strategic outsourcing is significant and can be measured with reductions in DSO, improvements to Bad Debt Reserve and ultimately boosting net income.
CRFSolutions provides commercial credit grantors early treatment collection
outsourcing as an extension of the clients own collection department. The service can begin as early as when the first invoice is sent. The service components include initiating
outbound calls, receiving inbound calls, collection letters, account reconciliation, etc. Reporting and notating individual records is a key component to resolving customer issues.
The goal is to speed up and improve both the collection and customer service process for a segment of our clients' customers that are not being serviced.