Metropolis Opinion

Die hard clients or cussedness clients will find some reasons to keep their debt staying in pending. We don’t know why? Maybe they have problems with their business, the same problems like you where they also have high uncollectable account receivables on their customers or their clients. No liquid cash in the main reason why they can’t pay their debt to you.

Demand on Collection Agency will higher when uncollectable account receivable also rises. I remembered my grandfather, he accept cash and credit on his store, and when he saw cussedness client or out of deadline, he invited my aunt as debt collector, visit each clients to ask them to payback their debt. Higher percentage of those clients has no liquid cash, so my aunt came home with no money. Every day, my aunt still does the same activity. I guess, major clients will hide in somewhere where my aunt in.

This is the old method/traditional method. The weakness of the old method is very clear, that we waste our time, visit them each day, waste our time for nothing and to make client become angry and decide to put their loan on hold. Maybe they will shy when we visit them each day, but today, we can do like that, business is business, money is money, and people must do their obligation. But the different technique, different strategy must be taken in modern day.

Professional Collection Agency is highly depended on their diplomacy, their association with client and about their performance, appearance and their strategy in use. This is about how to speak, how to tell them, to negotiate with them, and to avoid them as suspect or as defendant. Successful Collection Agency is also depended on how their result. For example, a client (businessmen) is being collapsed and he can’t pay all of his debt, maybe he can pay only half portion or something like that, so we can say that successful collector agency is depended on how many percentage your uncollectable account receivable account will be paid.

Perhaps you have target about how many percentage of your uncollectable account receivable will be paid. Best and professional collector agency can be seen on realization, if realization is higher than target of your uncollectable account receivable, they are best and we can book them as our partner.