As a trucking company, your services provide transportation of large quantities of raw materials all over the globe. Individuals and businesses rely on your service to receiver or transport their goods in a timely and efficient manner. If your customers fail to pay on time, however, this can create stressful and costly issues that impact labor, tools, truck leasing, and more.
At Southwest Recovery Services, we have handled thousands of trucking company collection cases and continue to provide our clients with efficient, timely services. We offer many trucking company collection services, including customer contact, invoice management, and collection.
Let your trucking company handle what they do best. Southwest Recovery Services can take care of the rest.
Collection Challenges for Trucking Companies
In-house debt collection—specifically from unpaid invoices—can be a major problem for trucking companies. After 90 days, these debts become increasingly more difficult to collect and, more often than not, internal accounting teams are unlikely to have the experience and tools necessary to deal with delinquent accounts receivable management.
Special training and education are needed to understand debt collection best practices. This can be difficult to provide to an existing team as it takes time that most trucking companies simply don’t have. While most companies might think it’s cost effective to hire new employees, this isn’t actually the case. Onboarding, creating new infrastructure, attorney cost, credit bureaus, and research tools are all required as a part of the hiring process and can end up costing a trucking company more than the debt they need to collect.
Hiring a well-respected, experienced trucking company collection agency can cut down on cost, time, and overall stress that can arise from trying to collect unpaid invoices from multiple customers.
Benefits of Working with a Professional Trucking Company Collection Agency
As a professional collection agency Southwest Recovery Services provides numerous benefits, including:
- Customer Location and Contact
- Legal Servicing and Civil Judgment Recovery
- Consulting Services
- Accounts Receivable Management
Our recovery agents are well-trained and educated specialists who are uniquely qualified to recover debt in a timely manner. They pursue every available strategy to collect unpaid debts as quickly as possible.
In addition to their skills, they also have a wide-range of tools at their disposal, such as:
- Research Software
- Contact Systems
- Credit Reporting and Monitoring Capabilities
- Attorney Relationships
Trucking company customers are more likely to pay off debts after being referred to a trucking company collection agency simply due to the standards adhered to by professional collectors.
Our experienced agency is up to date with all regulations, including those put in place by the American Collectors Association Rules & Regulations, and Fair Debt Collection Practices Act (FDCPA).
Southwest Recovery Services is the Solution
While many debt recovery services have similar features and services, Southwest Recovery Services is unique among them. Our number one feature is our approach to collection. We are a contingency collection agency which means that we don’t buy debt up front at rock bottom prices or charge high fees. Instead, we work on collecting the debt at no up-front cost, and charge our fee when the debt is paid.
We are committed to respectful treatment of your customers through our entire collections process. Our firm but friendly approach ensures that your customers will be left with a positive impression of your company after the debt is paid, which helps you win repeat and referral business. These combined features mean we work with you and your customers to arrive at a debt resolution that is positive for everyone.
Learn More About Southwest Recovery Services
Southwest Recovery Services is here to help you regain your productivity and recover debts faster. Learn more about our debt recovery services and contact us today to get started.
