Client Challenges
- Improving DSO and reducing charge-offs to improve the overall profitability and cash flow
- Improving cash flow with effective collection strategies and reducing collection costs
- Accessing industry best practices that enhance collection efficiency and effectiveness
What TCS Provides
TCS deploys robust collections strategies to reduce delinquency / DSO and improve profitability. We focus on proactive collection measures to ensure higher collectability right from the early stages. These result in efficient customer collections and reduction in bad debts. They help maximize dollars cured, coupled with reduction in the cost of collections.
Our Collection Analytics help you build the appropriate treatment strategies.
TCS’ Collections Platform offers end-to-end collection activities from profiling and segmentation of accounts to MIS and reporting. It also seamlessly integrates with the compliance and regulatory framework to provide 100% control.
Business Value
- Up to 20% improvement in DSO and charge-offs
- Up to 10% Find Rates with the help of Skip Tracing “Optimizer,” surpassing industry benchmarks
- Up to 71% reduction in client costs with end-to-end services execution
Client Thoughts
“You and your team did a solid job through your first month-end close. I appreciate the longer hours at month-end to ensure the maximum amount of cash is applied, and feel confident in you and your team continuing to grow as we move toward begin world-class.”
- ABB, Jeffrey Voorheis, Director, Account Receivables, NA