Collections Assist

Collecting debts and unpaid invoices can be tricky and often expensive, which is why we’ll do the data washing, tracing, and collections call so that you can focus on the profits. Budget Insurance's Collections Assist will not only save you the unnecessary stress of chasing debts to keep your business profitable but also save you debt collection agency fees.

 

Collections Assist offers the following services:

  • The collection service will be undertaken, but not guaranteed, over the 30 days following placement.
  • Administration of monthly payment arrangements up until the account balance is fully repaid.
  • Our objective is to increase recoveries of all debts regardless of magnitude, while remaining sensitive to your public image.
  • Delivering admirable client services in commercial debt collections and consumer debt collections.
  • If required, we will post soft-medium call centre collections.
  • At your request, your accounts can be referred to a law firm for further legal action. (This cost will be for your own account).
  • All monies collected will be credited to your bank account each month-end.
  • We use multiple collection services comprising of:
    • data washing
    • tracing
    • collection calls
    • tactical SMS attempts to enhance payments or contact
    • email attempts to enhance payments or contact and risk segmentation
    • multiple payment options including NAEDOs, Pay@, direct deposits, EFT, MasterpassTM, and SnapScan options

You get the benefit of having your arrear accounts managed by registered debt collectors who are experienced in dealing with commercial and consumer debt collections, avoiding the risk of damage to your business.

More than just business insurance

Digital Presence

 

Your business can enjoy an improved digital presence. Our Biz Assist benefit will help you save money on hosting packages and digital agency fees.

Emergency Medical Assistance

 

Our emergency medical assistance gives you immediate access to medical experts, should a medical emergency arise. Get telephonic assistance during a medical crisis with specialist referrals and emergency medical advice.

Office Assist

 

With Office Assist, you get help when you experience any sudden, unexpected, or unforeseen event at your primary business premises that requires urgent attention of a domestic tradesman such as a plumber or an electrician.

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Business Insurance

Frequently Asked Questions

Why would my business need Collections Assist?

Collecting debts and unpaid invoices can be tricky and often expensive, which is why we’ll do the data washing, tracing, and collections calls so that you can focus on the profits. Collections Assist will not only save you the unnecessary stress of chasing debts to keep your business profitable, but also save you debt collection agency fees.

How does Collections Assist work?

We use multiple collection services comprising of: data washing, tracing, collection calls, tactical SMS attempts to enhance payments or contact, email attempts to enhance payments or contact and risk segmentation as well as multiple payment options including: NAEDOs, Pay@, direct deposits, EFT, MasterpassTM and SnapScan options. All with the intention of collecting the debts that are owed to your business.

Will Biz Assist pay for a law firm?

At your request, your accounts can be referred to a law firm for further legal action, however this cost will be for your own account.

Don’t Delay,

Cover Your Business Today

 

Get your business insurance quote today. Simply click the ‘Get a Quote’ button to get started!