American Profit Recovery releases video on what businesses should ask collection agencies

How To Tips on What to Look for When Hiring a Collection Agency
By: American Profit Recovery
 
BOSTON - July 24, 2013 - PRLog -- Late payments can hurt a small business financially. Collecting delinquent accounts can be a difficult process, and businesses may find themselves ready to consult a professional collection agency to help them resolve debt issues with late and non-paying customers.

The experts at American Profit Recovery based in Michigan and Massachusetts have released a short video detailing several factors to look for when choosing the right collection agency. There are many more APR has covered in past videos on their YouTube site (http://www.youtube.com/americanprofit) , but the agency’s experts layout other factors to consider when choosing the right agency to represent a business.

http://www.youtube.com/watch?v=1USNqJiE-ok



National Accreditation: Accreditation ensures an agency’s legitimacy and reliability. For example, American Profit Recovery is accredited with the Association of Credit and Collection Professionals (ACA) and follows a strict code of ethics in pursuing collections.

24/7 Access to Accounts: In this day and age, a business should be able to monitor the activity the agency is conducting on behalf of that business. In the case of American Profit Recovery, a business has access to APRweb, a proprietary web portal that enables customers to access and monitor their accounts at any time. Many agencies still do not have this technology so ask.

Industry Expertise: Different businesses and industries have different wants and needs, and an agency needs to have professionals that have that industry knowledge. For instance, in medical collections (http://www.americanprofit.net/medical-dental.htm), an agency needs to understand the fine line between care and collections. While lawn care professionals might have different needs and goals.

For more expert tips from the professionals at APR, click here: http://www.americanprofit.net/blog/2013/07/what-should-i-ask-a-collection-agency/

About American Profit Recovery:

American Profit Recovery (APR) is a collection agency (http://www.americanprofit.net/) with offices in Massachusetts, Michigan and North Carolina. Founded in 2004, APR specializes in the collection of third-party debt in industries such as medical/dental, banking, trades, lawn care and other professional services. With early intervention and a strong focus on ethics and diplomacy with consumers, APR works hard to preserve the relationship between client and consumer with an ultimate goal of keeping the business relationship intact. The firm serves approximately 3,500 clients nationwide. American Profit Recovery and their team have earned many awards including Best Places to Work in Collections, The ACA International Foundation Fellow Award and Banker and Tradesman’s Gold Readership Award. 800-711-0023 http://www.americanprofit.net/
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Source:American Profit Recovery
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Tags:Collection Agency, Collection Agencies, How To, Questions
Industry:Accounting, Business
Location:Boston - Massachusetts - United States
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