collection agency


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collection agency

Managed care An enterprise that demands payment for a product sold or a service rendered, after an appropirate period of time has passed and the purchaser has not paid the seller. See Dun.
References in periodicals archive ?
When contacted, collectors must identify themselves and the name of the collection agency they represent.
Serving clients across the country, CII is a full service collection agency that many business owners have turned to concerning their past due accounts.
Historically, the in-house collection agency has collected approximately 17 cents for every dollar of self-pay accounts receivable assigned to it for collections.
ACCESS Receivables Management is an award-winning diversity-owned collection agency that specializes in providing first party receivables management and third party debt collection services to FORTUNE 500 companies, insurance carriers, colleges, universities and more.
Using a collection agency to collect debts owed to your business will likely save you time, money, and resources while yielding results.
In the patent application, the invention is described as providing "Performance enhancement methods and systems for designing and implementing collection agency strategies.
24, 2014 /PRNewswire-iReach/ -- Hiring a collection agency is often a difficult decision.
a leading provider of legal, news, business information and risk management services, announces the release of Accurint(R) SurePlacement(TM), a technology that helps increase collection agency profitability by identifying, segmenting and prioritizing accounts for optimal processing.
John Monderine, CEO of Rapid Recovery Solutions, says there are many benefits to using an experienced, reputable debt collection agency.
The study has made clear that the choice of a collection agency is made based on its quality, meaning its performance and ability to succeed in collecting, and not price.
It should also be remembered that by the time a debt is passed to a collection agency, the debtor will have already ignored several attempts by the creditor to contact them.

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