Add A Vital Edge to your Account Receivable management Process
Improved Business Collection Through First Party Collection Services
Maintaining an in-house collection process can be a cumbersome process with a low success rate and challenges like the constant evolution of regulations and industry standards. That is why many financial institution, automotive, finTech and commercial industries today outsource their collection services to first party collection agencies who will work as an extension to their team and communicate with their customers in the company’s brand voice. It will allow them to:
1. Focus more on their core business.
2. Ensure that the collection process is in adherence to the regulations and industry standards
3. Ensure better customer satisfaction even in the final stages of the customer lifecycle.
With 20 years of experience providing collection services to its clients, Vital Solutions has deep domain knowledge, up-to-date knowledge of the regulations and industry standards, a nationwide license for performing collection as a first party collection agency. We have a proven track record of increasing your bottom line.
Our multichannel multilingual collection approach, along with our state-of-the-art technology and infrastructure, help us carry out debt collection operations under your name, ensuring professional representation of your company and timely assistance to your customers. In addition, as your first party debt collection agency, we can help you in different stages of Account receivable management. These include cure stage, early-stage collection, pre-change-off first party collection services, and much more, ensuring a high investment return.