Preliminary debt collection modules

In the preliminary debt collection phase an attempt is made to collect the debt without actually proceeding to a debt collection procedure. This can be done through:

Profit letters
A final demand for payment in a letter with our letterhead but with your bank account number, telephone number and contact person. Debtors are given one more chance to pay your invoice amount excluding payment collection charges (possibly plus administrative costs). They will be informed of the fact that non-payment will lead to a debt collection procedure.

Telecollect
An effective way to induce your debtor to pay is to approach them by telephone. This however takes time and expertise. The VMP & Partners Telecollect team approaches your debtors as if they were staff from your own accounts receivables department. We will approach your debtors in a proper fashion with a request for payment of your invoices. The results of the calls will be reported back within a maximum of 5 working days.

The Telecollect module has a special added value. If there are any problems then we are immediately aware of them because of our direct contact with your clients. You can address the problems within your own company, you retain your clients and people will be more inclined to proceed with payment. After all, you are listening to your clients.