REGULAR COLLECTIONS OUTSOURSING
We will sign up a MOU with you for undertaking your regular collections on PAN INDIA basis. We will give you best service in one Fixed Cost (Lump sum) Charges that includes all the over heads in maintaining Accounts Receivables Team in house. We redesign your A/R Process and will recruit dedicated Collections Executives or Senior Executive to handle your collections as per our directions. Ultimately, we are one point contact for your collections status.
BAD DEBTS RECOVERY / LEGAL RECOVERY
We will handle any one or bunch of your dues that are pending long term in your organization. It may be aged over and above 6months or 1 year or 2 years or still beyond . Since, the debtors are sticky and risk is more, we work in this category as NO SUCCESS – NO FEE basis.
RISK MANAGEMENT SOLUTIONS (SME’s):
We take conscientiousness in understanding the present status of receivables and make suggestions wherever required to be implemented for the benefit of the organization. It also, includes preparation of CREDIT POLICY exclusively for your organization and implements it successfully. We bring your organization under your control very short time with structured way of operations. Understanding present documentation process and develop and implement certain templates , formats, agreements etc., to avoid duplication of work and to adhere to strict credit terms and do business with high profitability.
By providing all possible ways of documents along with, CUSTOMER MASTER DATA DOCUMENTS, WARRANTY CERTIFICATES, PROPER INVOICEING TEMPLATES & any other document that is necessary , will be purely customized for your organization. This system, will definitely, helps you in growing faster with high profitability than your competitors.
WORKING CAPITAL SOLUTIONS
We provide solutions for your WORKING CAPITAL needs and prepare strategic approach how you can meet up the requirement of working capital on regular basis. The process may include, providing short term loans from various financial institutions both BANKS & NBFCs. You can handover us the debtors, and we will be working on them, but, mean while banking loans can be arranged for your working capital requirement. Since, our support on Debtors Collection is reliable, you may feel comfort level of your business operations and repayment of business loans. Also, we try to identify the revenue leakages and revenue generation areas in your organization if any and recommend you to act on them. Through, this process, your profitability will grow from current level.
MEDIATION AND DISPUTE RESOLUTION
Mediation is a process in which an impartial third party assists disputants in finding a mutually acceptable solution to their dispute. Parties may use the SMU Conflict Resolution Center either before or after a lawsuit is filed. If parties agree to use mediation, they may contact SMU directly to arrange for a convenient day and time. Once a Lawsuit is filed, a judge may order mediation and appoint the SMU Center as the mediator. All parties involved in the dispute will then be contacted and mediation scheduled.
MNC’s one stop solutions
Any MNC’s doing business in INDIA, may outsource their AR (ACCOUNTS RECEIVABLES) Department to us and find peace of mind in their collections. Since, we provide one stop solutions for COLLECTIONS, LEGAL RECOVERY, CREDIT VERIFICATION in this category , will always keep the organization at low risk and at high profitability. Our in house advocates will always keep the legal recovery success rate at high level. Helping sales team to focus on higher volumes rather internal customer disputes and collections.
When you can use our services:-
- When customer says “ I DONT WANT TO PAY”.
- When customer says” DEFECTIVE SERVICE OR PRODUCT S OR WRONG BILLING”.
- When customer says “ I DONT HAVE MONEY NOW”.
- When customer says “ I CON’T PAY NOW.”
- When customer” NOT RESPONDING YOUR CALLS/ EMAILS/VISITS”.
- When customer says “ IWILL PAY / I WILL PAY/ I WILL       PAY......TODAY...TOMORROW....NEXT WEEK.... NEXT MONTH.NOW MORE THAN 2        YEARS.....NOT PAID??”
- MOST IMPORTANT- IF YOU ARE ALLOWING DISCOUNTS ON YOUR INVOICE        AMOUNT FREEQUENTLY.... THOUGH THER IS NO FAULT OF YOURS......
- When your invoice amount is affected by unwanted deductions regularly in the         market.
- People who wants to grow faster than their competitor.
- If you have Outstanding Invoices aged more than 1year, still showing in your books         under Accounts Receivables.
What are the benifits to customer:-
- WE WORK ON NO SUCCESS- NO FEE BASIS for Bad Debt Recoveries.
- Root cause analysis report at the end of the case either Success or Failure both the         situations will be provided free of cost.
- Probability of write off cases is very less / we provide solutions to your Accounts         Receivables purely customize for local business according to the industry type.
- Enhancing the profitability from current level thru Timely Cash inflows- leads to         good working capital
- Win-win situation while bad debts are collecting
- Structured accounts receivables will support the organization to grow faster. Since         the Management finds the quality time for business development .
- Broad scope of business with proper security in CREDIT SALES. While we address         your risk factors in business, you will find more scope to do business safely.
- Great support for any SME’S associations ( Like, Electrical contractors association,         Travel agents association, Customs Clearing Agents Associations , etc.,
- Past losses can be covered, future losses can be avoided ( Both Treatment for past        Bad Debts, and preventive actions for future Bad Debts) will be available thru our         services.
- No need to maintain in house legal manager, collection team separately both can         be provided at one point thru our services with cost effective mode.