Since 2003 we have seen a decrease in the numbers of Receiverships/Liquidations. As a result as this it can prove more difficult to invest the necessary manpower and time in the Proofing and Collecting the Debts once the need arises.

Added distractions of Work Out issues and Reports either internally or O.D.C.E. give further danger to the success of the Ledger Collect Out, hence the many advantageous reasons for using DDR. Timing is the most important factor with the collection process.

Sometimes the services of the appointed companies Credit Control Department are employed for this purpose and this can prove to be costly and uneconomical.

    DDR offers a service from Day One of appointment. We will visit the premises of the Client and begin the process of proofing the debt immediately utilizing the resources on hand. As a result, all of the necessary documentation and records are amalgamated and lengthy delays in seeking payment of debts can be avoided.
       
    DDR will:

 
      Travel to the place of appointment and commence the proofing of debts immediately on appointment.

Update work in progress, back up completed systems and compile all necessary documentation into files as necessary for the organized collection of debts.

Avoid the cost of retaining the Credit Control Department for prolonged periods
       
      Full Reporting and Communication Procedures will be as per your instructions in advance of each assignment.
   

 

DDR will then:
       

Remove the information to our offices and begin the collection process on your behalf.

       

Rates are negotiated on the basis of each appointment.

Commercial Credit ControlSales Ledger Proof of DebtClientsWhy DDR? Contact us