Court Reporting Firm Collections - How To Get Paid
While I was at the NCRA convention last week, I discovered a great new collection manager service that specializes in court reporting firms. Collections used to be a sore spot for us at Todd Olivas & Associates. Back in the day, we would send off Past Due notices and the turn-around time for payment was hovering right around 90 days or more in some cases. About two years ago we pulled together a tighter system headed by the ever-courteous but persuasive Nancy Steinhilber. Nancy has been able to get most payments down to under 30 days. As a growing business, cash flow is king.
If you are an independent court reporter or small firm like us who hasn't yet solidified how you're going to collect from your clients, let me introduce to you Your Corporate Collector, Inc.
Your Corporate Collector, Inc. is an outsourced collection manager service for your past-due invoices. I met the owner, Cynthia Dusenbery who was absolutely wonderful in person. And while I haven't personally tried her service, if first impressions mean anything, then she's the lady to go with.
Fast Facts About Your Corporate Collector, Inc.
- They call in your company name as if they were your own collection manager on staff.
- All payments are directed to your office.
- You only get invoiced from them once you notify them of receipt of payment.
- They collect amicably and strive for harmonious but persuasive dealings with your clients.
- They charge 10% which I think is pretty darn reasonable.
- NCRA Associate Member since 4/07.
- Owner Cynthia Dusenbery has written several articles in the JCR Magazine.
I obviously have no affiliation with Your Corporate Collector, Inc. other than I believe Cynthia to be honest and quite a good deal for any reporters or agencies out there struggling getting paid. I'd say it's worth a shot to check her out:
Your Corporate Collector, Inc.
6348 N. Milwaukee
Chicago, IL 60646
Owner: Cynthia Dusenbery
Tuesday, July 29, 2008