If you want to collect debt from a nonresponsive client, Rapid Collection is here to help. We have a 95% success rate and can find a solution that works for you and your client—without damaging the relationship you’ve established with them. Our commercial debt collection solutions include: A settlement approved by you and your client A customized payment plan Debt collection in full Legal representation if your case requires it When working on collection cases, our number one priority is ensuring you’re satisfied with the outcome. We’re 100% dedicated to your case and your success.
When you partner with us for your commercial debt collection, you get access to our superior collections software. This software gives you 24/7 access to your agent, so you can receive updates right when you need them. Our collection professionals are available for phone calls until 10 p.m. every weekday. If you need updates after our work hours, you can use our software to chat with our team. With us, you’re never hunting down your case agent to get the answers you need, because we make ourselves available to you as soon as possible.
Though we settle most of our cases before legal representation is needed, we understand that not all cases immediately reach the desired solution—and we only begin the legal process if you’re 100% comfortable with it. We staff our legal team with knowledgeable, professional attorneys and paralegals who work across various industries. Our team prepares for your case by carefully inspecting legal documents and researching your client so you can collect your debt.
Our collection system provides accurate, consistent status reports to keep you informed on your case, so you know what our collection professionals are doing to recover your revenue. Our executive management reporting is a key part of our communications because clients like you value transparency—and we do, too.
We offer comprehensive AR services to enhance your AR department. Our outsourced team guides your internal team with AR best practices, so your billing stays organized and you avoid delinquent accounts in the future. These services include: Carrying out process adjustments Recording and accounting for revenue Developing accounts receivable reports Applying cash received to customer accounts Resolving short pays Creating periodic statements Issuing refunds approved by customers Our goal is to give you the tools necessary to avoid needing commercial debt collection services again. We want to get your AR department back on track.
Unlike many other B2B collections companies, we offer consulting and training services. We know debt collection is challenging, and we want to give you the resources you need to avoid it. We’ll show you how to streamline your processes with the following services: