Increased profit, lower variable cost and reliability
are just some of the reasons collection agency owners
like the GCS service...
- Variable cost of Internet collection is significantly lower than any other medium.
- Works 24/7/365 with no human engagement.
- Keep significantly more of what you collect.
Virtually No Risk
- No upfront cost to purchase, develop or operate technology.
- Performance-based fee schedule with minimal out-of-pocket expenses.
- No long term commitment.
- Mature and established technology used in online banking.
- Debit payments processed directly through ACH network.
- Real-time credit card processing.
- More efficient - does not require human intervention.
- Organized reporting and bookkeeping.
Tap New Markets
- Significantly increase profit on small debt which is traditionally expensive to collect.
- Leverage minimal variable collection cost when processing hard to collect accounts.
- Offset the risk of purchasing bad debt with the low collection cost.
Expanded Business Without Committing to Additional Human Resources or Business Space
- Like extra collectors, but without the cost or hassle.
- No long term commitment, workers' comp, payroll taxes, training, turnover, ramp-up period.
- Much more cost effective than adding even one additional collector.
- No additional office space required, no additional phone lines.
Competitive Advantage When Bidding for New Business
- Advanced technology and new medium provide barrier to entry for the competition.
- Technologically advanced customers (larger customers) appreciate automation and simplification of the business process.
- Seamless and streamlined integration with customers' existing information systems.
- Provide more services and new media for less than basic offering from the competition.
- Show that you care for your customers' interests and bottom line.
Customer Retention Through New and Advanced Services
- Customers appreciate extra features, especially when they drive the cost down.
- Less chance of customers switching to competition without online ability.
- Undercut competition as a retention mechanism without your bottom line suffering.
Your collection agency immediately becomes an online collection agency.
If you already have a web page, we integrate seamlessly with it.
The Big Picture
Not sure how it works? Check out below where GCS fits relative to