1st Party Outsourcing
For credit grantors seeking to reduce A/R management operating costs, States Recovery Systems, Inc. becomes an extension of our client’s organization freeing resources for other core business uses. Clients experience financial improvement through accelerated cash flow, lower operating expense, reduced customer delinquency and improved customer care.
3rd Party Collections
At SRS, our core experience is the collection of primary and secondary delinquent accounts. With over a decade of experience and a highly trained professional staff, our clients' accounts are handled with professionalism and integrity.
Our success in collections can be attributed to three key factors:
• Calling smart
• Calling often
• Making the most of each contact
Skip-tracing
Our real time connectivity to multiple information providers, coupled with our library of interactive skip-tracing databases, enables us to locate more of your customers. Through the use of integrated technology with these information providers, we retrieve the newest and most reliable data available. We also offer residential locate and place of employment skip-tracing services using the same industry-leading data sources.
Litigation
SRS is able to provide a variety of legal collection services as a part of our collection program. We also offer direct legal collection services as requested by clients along with a variety of post-judgment recovery options.
Credit Bureau Reporting
We have integrated our collection management system with the nations three largest credit bureaus- Experian, Equifax and TransUnion. These national bureaus maintain centralized databases containing the credit records of more than 170 million people. Credit bureau reporting is optional and only with client authorization. Disputed accounts will be reported as disputed in accordance with the Fair Credit Reporting Act (FCRA).
Asset Searches
SRS provides information to assist your business in locating debtor assets.
Consulting
Our consultants can help you run your business more effectively by analyzing your accounts receivable and recommending a financial program to maximize your cash flow. Our multidisciplinary approach and extensive industry experience allow us to customize solutions from a broad range of options and develop comprehensive strategies to meet your specific needs.