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Commercial

Handling International Collections

Author

Mike M.

When an account in a foreign country becomes delinquent, it can be a daunting task to collect on your own. Whether it’s across the border in Mexico or Canada, across the pond in Great Britain or around the world in Qatar, there are many obstacles that can hinder your ability to collect.

Our Process…from the Start

Author

Jonathan K.

Whether your account is placed through our online client portal, by fax or email, at midnight or noon: when you forward a business-to-business account to Transworld Systems Commercial Division, our efforts begin immediately to recover your funds fast.

Filling in the Gaps

Author

Bob F.

Since the beginning of the economic downturn several years ago, many companies have been trying to do more with less people as a way to compensate for depressed sales and increased bad debt. Often times, this creates a work flow gap, especially in the accounts receivable department. As staff count decreases, companies quickly reach a point of diminishing returns where there is not enough staff to adequately cover all the tasks required to meet internal credit and collection policies. As a result, accounts that should have been recovered in-house prior to going to an agency age past the point of collectability and cause a greater loss of profit.

Past-Due Customers: Handle with care

Author

Jonathan K.

Sometimes it happens. It could be a long-time client with whom you have a great relationship or a new customer you hardly know. They miss their due date, they break promises and now they are not even responding. What do you do? In today’s business environment, you don’t want to risk losing any client – but are they really a client if they are not paying you?