First Party Fixed Fee Services
CRFSolutions fixed fee services provide an innovative and cost effective solution for clients who are frustrated with their internal
collection results but are looking for an alternative to traditional collections. These services generally involve a combination of
letter and call campaigns. First Party programs are generally driven through call campaigns and are initiated at strategic periods in
the A/R Cycle, usually beginning at 45 days past due. Many times the First Party programs can also involve an initial letter and also
inbound calls.
Third Party Fixed Fee Services
Third Party Fixed Fee services are very powerful and effective programs to collect a high number of accounts at a low flat fee.
These programs are structured utilizing a combination of both Third Party collection letters and Phone Contacts. This tool is very
effective for accounts that progressed through normal internal collection efforts but are possibly not ready for traditional collection
agency efforts. Generally this is best suited for delinquent accounts that are between 75-120 days delinquent.
Testimonial
" 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 the people like the group at CRFS. "Client: Securitas
I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well.
- Alan Greenspan