Commercial Collections

Because the skills and resources needed to excel at commercial collections differ from consumer collections, Professional Recovery Consultants created an independent commercial division focused solely on commercial collections.  More complex accounts, larger account balances, and other features of business-to-business receivables management require a much more comprehensive and versatile recovery environment that only firms like PRC can accommodate.

Our management and collection personnel are uniquely qualified to handle the intricacies of your commercial accounts.

Protection from lawsuits:                                                                                             
Another PRC advantage for our Clients is that 25 states have passed laws that require commercial collectors to follow the same FDCPA rules and regulations that govern  consumer collectors.  Additionally, in situations where a personal guarantee is in place and the only avenue for collection of a commercial debt, following the FDCPA now becomes mandatory.  All PRC personnel are highly trained in FDCPA law.  Few strictly commercial collection agencies are even aware of FDCPA regulations, never mind expert in them.  That creates a very real danger for those creditors utilizing those firms, because credit grantors are included in lawsuits for FDCPA violations.  PRC protects you from the time and cost of defending a suit, which will be extremely expensive, win or lose.  This is just one PRC Advantage.

Our combination of hiring the most experienced personnel, providing comprehensive ongoing training and management, and supporting their efforts through the latest technology available ensure that you will enjoy some of the highest recovery rates attainable in the industry.

The PRC Service Advantage
Are you tired of always wondering what is going on with your accounts?                               
Are you tired of having to make repeated calls to get information from your agencies?    

Welcome to the PRC Advantage.  PRC will assign a dedicated client service rep to you.  Your rep is a highly experienced and knowledgeable collection expert who is always available to answer questions and respond to requests.  But this is just one of the service advantages with PRC.  PRC provides you with secure on-line access to your accounts 24/7/365.  We are firm believers in “transparency.”  We want every PRC client to have constant access to information on every account they place with us, from collector notes to contact history.  You deserve to know, at all times, what is going on with your accounts.

PRC management stresses that the most important measurement of a collector's productivity is not just the amount of money collected, while never generating a complaint - but creating less work for our clients, not more - in effect, reducing their administrative burden.

Reducing your receivables:                                                                                                        
In many cases, you would be able to preserve a valued client relationship, if payment were received prior to the account aging to over 120 days past due.  PRC understands the value of retaining client relationships, and utilizes an “audit approach” with accounts placed less than 110 days from original invoice date.  This approach is designed to encourage your client to pay you directly, BEFORE it becomes a collection account.  For your claims placed less than 110 days from original invoice date, at no cost to you, PRC will send a 10-day free-demand letter on your behalf. 

Receivables management consultants:
PRC takes a 360 degree approach to client service. 

We provide confidential analysis and feedback focused on finding ways that our Clients can improve their internal processes.  PRC managers will be happy to work with you to help reduce your accounts receivable.  We have a unique and valuable perspective, gained from working with hundreds and hundreds of creditors all across the country.  We get to see the habits and approaches of the departments that have the lowest receivables and fewest write-offs, and at no cost to you, will share that information with you; our Client.  Often, this value-added service helps PRC Clients find something that will help make their jobs easier and their departments more effective.  That kind of business “partnership” is what it means to be part of the PRC family.

Our Clients will tell you that our focus is always on their needs.  As a PRC Client, not only will you receive our best collection efforts, but you will find we are extremely "user friendly" to do business with on a day to day basis; from our management family, to our exemplary staff.

We are committed to YOU. 



Accelerated Cash Flow, LLC



Accelerated Cash Flow, LLC (ACF) is a sister company of Professional Recovery Consultants.  ACF specializes in helping large commercial companies manage their ACTIVE accounts receivable.  We help companies achieve industry best DSO numbers, drive cash levels to maximum levels, reduced bad debt, reduce costs and IMPROVE customer service.  How do we do it?  By a systematic and proactive approach to receivables management.  This is not a collection agency approach but a first party, customer service oriented approach to managing your receivables.  Receivables management is our core competence and we allow our customers to focus on their core competence without having to staff, train and manage additional employees. 

 

For more information, contact Geoff Miller at 800-408-8156 or This e-mail address is being protected from spambots. You need JavaScript enabled to view it