Consumer and commercial debt are now both key features of the current economic climate and this is a trend which shows little sign of abating. Whilst many businesses are finding it increasingly difficult to collect money which is owed to them, the market conditions have only served to reaffirm the approach which Advantis has always taken when going about its business. We provide collections approaches for clients which are tailored and personal whilst ensuring that payment arrangements for customers are affordable and suitable to their financial circumstances.
Advantis is ranked the top performing agency in over 90% of our clients’ supplier league tables.
Each debt portfolio received is assessed on its own merits and strategies involving telephony, multiple mailing campaigns and litigation are developed to suit our clients own business needs. In addition, we provide a wide range of payment options for customers in order to encourage quick payment.
Our aim is always to maximise the revenue our clients receive whilst ensuring that customers are dealt with professionally and appropriately.
Trace & Collect
Often debts are incurred simply because someone moves on without leaving a forwarding address. Sometimes an innocent mistake, sometimes more calculated.
In the 21st century it’s hard to move around without leaving an “electronic footprint” that indicates where you have been. Whether it is registering to vote or applying for credit, it isn’t long before you start to leave your mark, and it is information such as this that our highly skilled trace team can use to pinpoint the whereabouts of “goneaway” customers.
Good debt collection performance will very often begin with good information and more and more companies are looking to Advantis to provide Trace and Collect services based on our growing reputation for performance in this area.
Our automated tracing process reduces the need for manual tracing, improves trace results for clients, reduces the costs of tracing and allows us to handle large volumes of trace work.
In some circumstances, despite best efforts, normal debt collection techniques may prove fruitless in collecting outstanding monies. Advantis can, where appropriate, provide a litigation service on those accounts which have passed through the debt collection cycle.
Advantis would conduct all of the pre-sue activity and this would establish the likelihood of successful legal activity being taken against an account. Once established, Advantis would organise for the Claims to be issued and when a Judgment has been obtained, we would handle post Judgment collections, pre enforcement activity and enforcement action where necessary.