| Why is NSPlus
Different? Because We Improve the Traditional 2-Step
Process. |
Most collection activities understood by organizations are based on
an outdated 2-step process. This leaves a serious effectiveness
gap between the time the organization's first 4-5 month's billings
end and when a consignment effort begins. Also, since the
consignment firm charges a high percentage and "scores" or "cherry picks" the
accounts (only works the accounts they think they have the best chance
of collecting from), the organization waits too long for the third
party strength of a collection agency to step in and be effective.
Traditional 2-Step Collection Process
(accounts
are already late by 60-90 days)
● In-house collection becomes ineffective after 4-5
months
● Third-party collection is put off for months due to
cost and lack of account fairness (cherry-picking)
● Poor performance due to length of time, selectively working accounts,
and lack of process transparency
NCSPlus offers a refreshing difference in the industry--an effective 3-step
process using a transparent, technologically-advanced system. Not only is
the improved process more effective, but it is shorter overall, collecting more
earlier.
Improved 3-Step Collection Process
(accounts
are already late by 60-90 days)
● Effectiveness of internal collection is maximized
● Third-party collection is placed early, allowing
maximum collection at low cost
● Contingency collection is still available, but much less collection is
required by contingency efforts
|
Frugal, Friendly, and Fast |
|
