Unpaid accounts can harm your business, but they don't have to cripple it. Why should you suffer financial losses when options are available to recover your money?
In today's economic climate, businesses worldwide are facing instability and unpredictability. We recognize the significance of cash flow and minimizing outstanding payments during these uncertain times, and we're here to assist you.
Don't let delinquent accounts drag your business down. Solutions are available to help you collect what you're owed and keep your business running smoothly.
Commonly asked these questions:
- - How can small businesses increase their chances of collecting debt?
- - What can small businesses do to collect their debts?
- - Why do small businesses need a debt collection agency?
- - When should small businesses hire a collection agency, and why should they collect their debts now?
- - How can small businesses hire a collection agency?
- - Tips for small businesses' debt collection
- - How quickly can you see results?
- - How can you get your money after it has been collected?
Our seasoned billing experts are equipped to address all your billing concerns and streamline your billing process with an automated billing and contact system. We recognize that each organization has distinct needs, so we provide adaptable solutions that are tailored to your specific requirements. If you lack an accounts receivables department, we can serve as an adjunct to your accounts payable department and prevent bad debt. Allow us to assist you in managing your accounts receivable with maximum efficiency and effectiveness.
Our contingency-based pricing model means you only pay a percentage of the amount we successfully collect. The percentage can be as low as 20% of the receivable, depending on the volume. We have over 30 years of experience serving various industries.
Chasing after customers who owe you payments for your products or services probably differs from what you had in mind when you started your business. You're better off focusing on what you do best and leaving the collection process to us. We have a proven method for efficiently and effectively getting you paid while maintaining good relationships with your valuable customers and staying within legal boundaries.
ZAKC Financial Solutions, LLC has extensive experience in the industry, and our team is skilled at efficiently and effectively managing medical and commercial collection cases. Our services include consumer and communication, invoice management, and revenue cycle management. Let us help you maintain a healthy financial standing while focusing on providing exceptional customer care.
Let your team of focus on what they do best, ZAKC Financial Solutions, LLC will handle the rest!
Debt Collection Challenges
Collecting debts is a challenging task, especially with regulatory changes in industry. Companies require a more sensitive and diplomatic approach to debt collection. Outstanding bills can be a stressful and traumatic experience for the customer. They can cause them to feel ashamed for not being able to meet financial obligations adequately during a difficult time. Our collection teams understand the value of building a rapport with the consumers. They are trained to handle situations in a way that doesn't drive patients away from your facility or customers away from your business or lead to negative reviews on social media. At ZAKC Financial Solutions, LLC, we focus on creating an open and healthy flow of communication that results in a satisfactory outcome for both parties.
Benefits of Working with a Collection Agency
By partnering with a professional collection agency, your staff can focus on their primary responsibilities while ensuring the best possible outcome for every collection case. A collection agency offers timely and appropriate communication with patients, consulting services, and revenue cycle management. Attempting to handle debt collection in-house can be overwhelming for staff members who already have a full plate of duties. Without the necessary expertise and techniques, the process will likely be inefficient and costly for the practice. Work with a professional collection agency to avoid losing money on delinquent accounts. Our recovery agents are equipped with various tools, including research software and contact systems, and offer multiple payment plan options to patients. Additionally, our agency adheres to strict risk management and compliance standards, staying up-to-date with HIPPA, FDCPA, and CFPB regulations.