Boston Commercial Services Pty Ltd (ABN 87 114 658 070) CAPI Licence Number 409 456 759

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How can A Debt Collection Agency Assist You to Recover Debt?

If you are a business owner, you likely understand the complexity of getting your clients to pay on time. Whether or not it’s due to missing an invoice accidentally or purposely not paying, it’s a frustrating experience to handle.

At a certain point, you may consider working with a debt collection agency to recover the funds owed to you by clients. However, are you familiar with precisely what debt collection agencies can (and can’t) do for your business?

In this article, we’ll outline three of the most essential things that debt collectors can assist with in regards to the recovery of your outstanding client payments. Read on to learn if hiring a debt collection agency is the right move for your company.

Helps Keep Your Professional Relationships Intact

Your customers are the centre of your business, so when they don’t pay, it can really take a toll. Don’t risk the long-term success of your business by sacrificing your customer relationships over unpaid debts.

Professional debt collection agency understand how to preserve business relationships while still recovering the money that you are owed. Work with an agency to handle these matters with care and discretion.

Saves You Money in the Long Run

Over time, unpaid debts can cost your business a significant amount of money. If you continue to allow customers to receive products or services without payment, you set a dangerous precedent. And furthermore, without a proper recovery strategy in place, you run the risk of going into debt.

While hiring a debt recovery agency may cost you some money upfront, it’s actually a long-term investment in the health and success of your business. These types of firms understand the tact needed to recover the debts owed to you and set your company up for a fruitful future.

Can Involve Legal Assistance When Necessary

The best-in-class debt recovery agencies have professional relationships with legal firms and can negotiate good rates for their clients. While legal action may not always be required, it is essential in some serious cases.

Boston Commercial Services has professional connections to top law firms that they can invoke on behalf of their clients. This distinguishes our agency from others because we can offer you sound legal advice at a heavily discounted rate. Our legal connections are established and provide trusted advice to our clients.

If you’re seeking assistance recovering unpaid debts from customers, you may need to pursue the services of a debt collection agency. Firms like Boston Commercial Services can help small business owners who have exhausted all other options and can’t afford to spend more of their precious time chasing debts. If you have pursued avenues such as phone calls and letters to no avail, you may find our services useful.

As a business owner, you have responsibilities that extend far beyond collecting outstanding money from customers. Leave the difficult task to the experts at a firm like Boston Commercial Services. We regularly perform audits and keep up-to-date licences to maintain the utmost trust with our clients.

We look to give our customers peace of mind regarding their financial matters. Contact us via the form on our website or call us on 1300 668 699. We’ll be happy to help advise on the best way to recover outstanding funds owed by your customers or the legal pathways available to you.

 

Read Also:
Key Features of a Reliable Debt Collection Agency
Prevention is Better than Cure: Receive Your Bread on Time

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realclicks 4:43 am
  • I have worked closely with Boston Commercial Services for over twenty years across four different companies and would not work with anyone else in regards to helping me with my outstanding accounts. Whenever I have started a new role, the first thing I am asked is, “How would you go about cleaning up our accounts receivable ledger?” My answer is always the same – “The first thing we need to do is call Boston Commercial Services”.

    Voytek Bradford

    Freedom Foods Group Limited (National Credit Manager)

  • I have known the principal of the BOSTON Group (Derryn HARRISON) as well as key staff members (including Ben GOWER) for well over 2 decades and have been using their professional services for myself as well as for Powerhouse Logistics Pty. Ltd. on a regular basis, not only in Sydney but on a national basis.

    At all times BOSTON have been extremely pro-active, attentive, courteous and professional with all matters we threw at them. Their advice has always been extremely sound and commercial and I find them to be a "breath of fresh air" within the legal fraternity and have no hesitation whatsoever to highly recommend them.

    Peter Brueckner

    Powerhouse Logistics Pty Ltd (CEO)

  • Expect A Star has worked with The Boston Group for 10 years. In this time we have appreciated the ongoing support of Boston for all of our collection and legal requirements. Like most businesses cashflow is critical to ongoing success and growth, with Boston we have found a partner who are an extension of our business and play a key part in our cashflow management. The Boston Group bring a level of expertise to our business which is valuable and coupled with their excellent customer service we look forward to continuing to work with them for many years to come.

    Ryan Meldrum

    Former CEO

  • I have been using the services of The Boston Group and their legal entity for over 11 years. During this time I have found their service to be impeccable, delivered with the utmost professionalism and integrity. The vast majority of cases that I have placed with Boston were far from straightforward, requiring legal acumen and delicate handling. Having used all methods available without success to procure payment, I confidently placed these matters into their safe hands. In all instances a successful outcome was achieved.

    Mark Parish

    Credit Manager

  • SNP Security has had the pleasure of working with Boston Commercial Services for the past 11 years. Boston has played an integral part in the continuing success of SNP Security’s low DSO’s, 90 Day % Debt & of course Bad Debts Written Off.

    Amanda Griffiths

    National Administration Manager

Boston Commercial Services prides itself in offering specialised, professional services, through a highly experienced team of debt collector, with personalised client attention.