Collection of Accounts Receivable Journal Entry - To Get Paid Fast?

The New Way To Collect Your Past Due Accounts? MaxCollect process begins upon receipt of the account information from the client. This can be via a form that provides, data exchange or a simple copy of a client statement or invoice. Once this is received a database is created, a delinquent billing fee is added, and we begin our mailings on your behalf. The difference between the MaxCollect contact and that of the clients’ typical request for payment is that now the request has an impact on the attorney and the credit bureau.

- Automate the follow-up process with customers

- Receive faster recovery of past-due accounts

- Obtain higher recovery rates

- Lower costs of delinquent customer follow-up

- Maintain customer relationships (to hold future earnings)

The Principle Behind The System

The MaxCollect system is made on the basis that most of the utmost people are respectable. Your past-due consumers are not open to "steal” funds from you. The real reason that many customers pay slowly or not at all is simply that their stack of bills is higher than their stack of money. Each month they perform the "close of the month bill shuffle game” & easily prioritize which bills to spend based on the demands for cash that they are getting.

5 Keys To Collecting Past Due Accounts

You need to know the Top 5 Reasons for collection agencies to get paid...fast!

1. SPEED...Get paid in half the time

2. ACTION...Payments made directly to you

3. PRICE...One-fifth the cost of collection agencies

4. RESULTS...Double the amount of money recovered

5. DIPLOMACY...Get paid without alienating customers

Cash flow is dramatically enhanced – your collection demand is intensified and applied sooner, using more powerful tools than an agency.

Recovery is significantly increased – the debtor hears every effective legal motivation while the account is still collectible.

Security of funds is maintained – you or your Attorney receive all payments.

This combination provides company partners the choice of using an efficient low-cost addition of in-house forces to collect past-due accounts while excreting the want to utilize any kind of collection agency CA.