Catch-Up Service

Catch-Up is TAK-Outsourcing's collection department support service that will turn your old Receivables into new money and convert a higher percentage of your accounts to current-to-30 days. The service is designed for clients where, for whatever reason, the receivables are in a less than ideal state. For example there may have been a peak in business or a period of absence causing the receivables to slip. TAK-Outsourcing provides an outsourced service running alongside your Credit Control Department to get things back on track. This can be on a temporary basis or as an ongoing arrangement (see Partial Outsourcing.)

At TAK-Outsourcing we know how time consuming it can be for a business to keep pace with current billings, customer relations management, the accounts follow-up process, sending copies of old invoices and dealing with customer disputes. This can be challenging and even overwhelming causing slippage of the DSO.

We have positioned our service delivery system to function as your virtual collection and customer relations management department. We will work with your client to collect past due invoices on your behalf, resolve billing issues and discrepancies, contract disputes and account credit issue problems that are sometimes the cause of the client's failure to pay and/or refusal to pay.

Some of the benefits of Catch-up :

• Improve cash-flow and hence profitability
• Reduce the pressure on your Credit Control Department
• Can be utilised as and when required for a fixed daily fee
• Improve the ongoing Receivables process
• Improve Communications with your clients.
• Get answers to unresolved problem account balances