Collections outsourcing with Lawton Hathaway can increase cash flow, boost efficiency and lower costs.
Why Collections Outsourcing?
The poor economic times have had a dramatic impact on how and when bills are paid for. This is compounded by the lack of financial support from the banking industry. Customers & debtors are deciding daily how and who they will pay first.
Outsourcing this process to a specialist experienced partner helps increase cash flow and leaves you to manage the core focus of your business
Benefits in using Lawton Hathaway
- Strict rules processes and procedures which your resource may not be set up for.
- Specialist collection knowledge. Not knowing how to deal with vulnerable debtors can leave you spending more money and time dealing with regulators.
- Development or expansion of existing collections/accounts departments can prove expensive with the added headache of implementation, recruitment, training and arbitrage which could prove very expensive.
- Access to specialist collection tools and the third party debt recovery process included in the fees.
- Once collection process is exhausted, documents can be prepared for a claim.
- Queries managed in a formal process and within regulation set out.
- Out of hours contact centre and collection process.
- No sick days or holiday issues.
- Having access to more of your cash and faster could end up paying for the service.
Speak to us today to see how we can help your business
Simply call us on 0161 441 0850