Corporate debts are particularly sensitive. Your business relationships are crucial to you, and at XFS Limited we recognise this. As a result, we apply debtor-specific techniques. As the foundation of our service, objectivity, and professionalism, we guarantee the highest recovery rate promptly.
Together, XFS has more than 70 years of experience in the financial and corporate debt recovery sectors, and they are aware of the steps necessary to recover your outstanding commercial debts. To ensure the maximum return for your company and to keep your current clientele, we use a methodical and deliberate approach to corporate debt collection.
You must be aware of your rights if consumers or clients pay you slowly or not at all. Since YOU are the one who is owed the money, it must be paid promptly and in full. Speak to the XFS debt collection experts if your company is experiencing trouble being paid on time or recovering unpaid debts in particular.
XFS Debt Collection - Stage 1
At this early stage, your Case Manager will work closely with our Collection Officers and internal debt analysts to examine your unique case and choose the best recovery strategy.
At this point, recovery strategies typically involve making carefully targeted phone calls.
If a debtor cannot be located, we shall carry out a free search to find their current whereabouts.
XFS Debt Collection - Stage 2
Your Case Manager will communicate with you on the next stage of the collection procedure if the debt is not recovered during Stage 1 of the process.
We will investigate each situation individually, ask for additional guidance from you, and recommend a suitable line of action. A well-written letter of demand will often be sent at this point.
XFS Debt Collection - Stage 3
By Stage 2, most debtors would have paid off their debts. If they haven't, we'll send one of our skilled debt collectors to their home or place of business to follow up on the unpaid bill.
XFS Limited offers a wide range of financial management strategies and debt collection services to ensure that your company is running as effectively and proficiently as necessary.
XFS offers Enhanced Recovery Through Technology
Real-Time Statistics:
• Formatted and Ad Hoc Reporting
• Automated Time and Time Zone Recognition
• On-Line Web Portal
• Automated Payment and Remittance Capability
• System Generated Performance Analysis and Customized
User-friendly Performance Reports:
• Disaster Recovery Backup System • Call Recording For Compliance and Training Purposes • 24/7 Dynamic Security System
You can feel secure knowing that your debts are being properly handled thanks to our exceptional track record of success and our extensive practice. To recover your debts and maintain the relationship with your partner or client, our debt-collecting professionals make well-informed recommendations that are meticulously strategized in each case.
A more personalized approach to effective debt recovery.