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January
4, 2012.
Access Receivables
Management (ARM), a Maryland
based collections firm has
announced the launch of their
“Nice People Collect More”
website. The site has two
URL’s – www.NicePeopleCollect.com
and www.Access-Receivables.com.
The
launch marks a commitment by the
firm to a total
non-confrontational collection
process. According to ARM
President, Tom Gillespie, “The
collections industry has taken a
lot of heat in recent years for
over-aggressive collection
tactics and deceptive practices
in dealing with debtors. Our new
website demonstrates our
corporate commitment to totally
repudiate those practices.”
Gillespie
explained that ARM’s
collection representatives have
undergone extensive re-training.“It’s
a much more involved process
than simply demanding payment.
We don’t harass debtors. We
want to understand why they
haven’t paid. Sometimes it’s
as simple as a misunderstanding
between our client and the
debtor that we can work out.
Sometimes debtors tell us they
don’t have the funds to pay.
Our representatives often find
themselves helping debtors work
on their budgets so they can
start meeting the financial
obligations and make partial
payments. We think its much more
productive to be friendly and
helpful rather than
antagonistic. Like our corporate
mantra says ‘nice people
collect more.”
The
firm’s new website features a
number of employees discussing
how they work with and help
debtors. It also includes
testimonials from ARM clients on
how effective these new
collection methods are in not
only improving receivable but
maintaining the clients’
image.
When
debtors will not pay their
obligations, ARM refers them to
another website: www.Whycreditmatters.net.
This educational site, also
developed by ARM, explains how
not paying bills can affect a
persons credit rating and make
financing more difficult to
obtain and more expensive. In
reviewing the site, Mary Ann
Marrero, Business Operations
Manager for Time Warner Cable
Business Class commented, “Awesome
website - a sign of the how much
this is needed in these days of
financial crisis and economic
uncertainty.”
ARMfinds
it invests a lot more time in
the collection process.
According to the company’s
figures it invests 83 cents per
revenue dollar in collection
expenses compared to the
industry average of 50 cents. A
cost not passed on to clients.
But Gillespie contends it is
worth the effort. “Our average
recovery rate from 2009 -2011
was 33% higher than for the
average firm in its size
category.
Understanding a debtors
issues and being compassionate
does have its rewards.”
The
firm was recently designated as
a Certified Commercial
Collection Agency by the
International Association of
Commercial Collectors, Inc.
Of IACC’s 2,200 plus
members, Access Receivables
Management is one of only 14
firms to receive this honor. To
receive the designation, ARM had
to complete a rigorous
application and audit process
that meet the highest standard
for collection agency
operations.
Access
Receivables Management is a
national debt collection firm
that serves colleges and
universities, insurance
companies, telecommunications
and technology companies and
Fortune 500 companies. It was
established in 1999 and has led
its field in other innovations
including the first ever avatar
based collection site that
enables debtors to explore
payment options and self-resolve
their accounts without speaking
to a collector by going to www.2mybill.com.
For
more information contact Tom
Gillespie, President Access
Receivables Management
410-583-8601
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