A little known fact is that, given the proper training, creditors would collect about half the accounts they otherwise send to collection agencies and attorneys.  After all, few credit-collection staffers or the employers who hire them are professionally trained credit analysts and debt collectors.

Consequently, credit losses and third party collection fees cost American businesses billions of dollars more than necessary.  The impact of this injustice is higher prices to paying customers, shareholder losses and debtors who become repeat offenders.  Creditors can easily and inexpensively reverse this trend with professional credit and collection training.  Not the kind found in a classroom, seminar or manual, but the real-time interactive effectiveness of a live mentor.

CollectorMentor^SM is a cutting-edge consultancy to senior managers and key staff.  It guarantees accelerated cash flow, greater customer retention and lower collection costs.  CollectorMentor delivers innovative and powerful collection strategies that result in fewer losses, happier customers and higher profits. 

CollectorMentor teaches credit essentials, collection salesmanship, strategy and authority.  It sharpens skip tracing, problem solving and negotiating skills in practical terms that introduce lasting benefits to creditor operations.

CollectorMentor starts by helping senior managers establish effective policies and systems.  Then, it becomes a training and operational tool for all employees who issue credit, handle accounts receivable, collect from past due accounts, or interact with third-party collection agencies and attorneys.

CollectorMentor charges $40.00 per quarter hour for telephone and on-line support.  It is available as needed with no ongoing commitment.   On-site training is also available.

Eight Common And Costly Practices Of Creditors