SERVICES

Access these Optional Services

• No Up-Front Fees
• Commission Only On Results
• Commission Free Period
• Annual Subscription Fee Up-Front
• Internal Commission Free Letters Of Demand
• No Commission On Results
• Guaranteed Results
• Personal Visits
• Letters Of demand
• Telephone Demands
• Skip Tracing Service
• Investigative Phone Calls
• Debt Recovery Software Program
• Internal Progressive Demand Letter Systems
• Internal Letter Introducing Ringrose Credit Control
• Credit Application Forms
• Progressive Demand Letter Systems
• Numerous and Varied Business Searches
• Litigation Support Service
• Process Serving

Collection Service Packages

Summary of Services in Collection Package.

* Included in Service Package    ** Additional fee associated with this Service Package    *** To be selected
n/a Not applicable

1. No Up-Front Fees: No fee payable up front for collection services.
2. Commission Only On Results: Commission payable only on amounts recovered.
3. Commission Free Period: A period during which amounts recovered do not attract commission charges.
4. Annual Subscription Fee Up-Front: An up-front fee for accessing the Cash Flow System services.
5. Internal Commission Free Letters Of Demand: A demand that does not attract commission fees on recovery.
6. No Commission On Results: No commission payable on results.
7. Guaranteed Results: We will refund pro rata the subscription fee, if more than the subscription amount is not recovered from your debtors, subject to the service agreement terms and conditions.
8. Personal Visits: At our discretion we undertake personal visits on your debtors.
9. Letters Of demand: Various and varied letters on our letterhead demanding payment.
10. Telephone Demands: Where our trained staff undertake telephone collections.
11. Skip Tracing Service: Search procedures and confidential enquiries to assist in the location of missing debtors.
12. Investigative Phone Calls: Information seeking phone calls.
13. Debt Recovery Software Program: Software installed on your computer for tackling delinquent accounts, consists of internal action and external action procedures.
14. Internal Progressive Demand Letter Systems: Demand letters that progress in severity and form an integral part of the debt recovery program.
15. Internal Letter Introducing Ringrose Credit Control: Letters introduce RCC to account holders.
16. Credit Application Forms: Unlimited number available within the debt recovery software.
17. Progressive Demand Letter Systems: Demand letters that progress in severity over a period.
18. Numerous and Varied Business Searches: Most business required searches.
19. Litigation Support Service: If legal action is desired or becomes necessary, we utilise and appoint a Solicitor to act on your behalf, these Solicitors work with us to achieve the best results. The fees applicable on the initiating process are those fees, which the court would normally allow as recoverable from your debtor. No legal action is undertaken without your approval.
20. Process Serving: Service Australia wide of any court process.

COMMISSION ON RESULTS

No upfront fees and commission only on results.
When an account is listed for collection action, commission is payable only on the results. Ringrose Credit Control will make all the contact, payment demand decisions and enquiries without reference to you. Unlimited demands may be made on a file to achieve payment. We will only contact you for special instructions that may need to be clarified from time to time.

Getting started
To place accounts for collection, you will be required to view and sign a Service Agreement and Guide To Fees, this enables you to utilise our services in the most cost effective way without any misunderstandings. This will be forwarded for your approval.

Contact us now
Click on Contact Us and complete the form, we will have our consultant contact you, or phone our office for you free consultation.

CASH FLOW SYSTEM (Basic)
WITH GUARANTEED RESULTS

We ask a modest upfront Annual Subscription fee, we provide a commission free period on initiating demand letters, and then commission is only payable on results.

The Cash Flow System (basic) includes a debt collection software program to be installed on your computer, all procedures and instructions are recorded within the system, which for practical explanation is split into 3 areas Credit Control, Internal Action and External Action.

Credit control includes procedures and documentation for assessing Credit Applicants and dealing with defaulting debtors.

Internal action involves a progressive demand letter system a final notice and cost disputes letter, these letters are initiated and sent out by your office, the letters introduce Ringrose Credit Control as a third party, no commission is payable on Internal Action matters, this is the most cost effective way of pursuing slow accounts.

External action is for all other action and involves instructions to Ringrose Credit Control; every debtor listed for collection is sent an initial 7day demand. If the account is paid from this initial demand no commission is payable. Once 10 days has elapsed on the initial demand we proceed with collection action, we only contact you to clarify details from time to time, commission is now payable on results.

Guarantee, Ringrose Credit Control will refund pro rata the Subscription fee if the Subscription amount is not recovered during the Subscription period (conditions apply). Additional Guarantee, Ringrose Credit Control will also provide an unconditional 30-day Subscription fee refund if the product represented does not meet your expectations.

Getting started
To place accounts for collection, you will be required to view and sign a Service Agreement and Guide To Fees, this enables you to utilise our services in the most cost effective way without any misunderstandings. This will be forwarded for your approval.

Contact us now
Click on Contact Us and complete the form, we will have our consultant contact you, or phone our office for you free consultation.

CASH FLOW SYSTEM (Advanced)

We ask a modest upfront Annual Subscription fee, with no commission on results.

The Cash Flow System (Advanced) is predominantly a client prompted system. It involves internal action by yourself, or you may wish to instruct Ringrose Credit Control to take external action. This is achieved with the aid of The Cash Flow Computer or Book System supplied by Ringrose Credit Control. For a practical explanation the Cash Flow System is split into 3 areas Credit Control, Internal Action and External Action.

Credit Control includes procedures and documentation for assessing Credit Applicants and dealing with defaulting debtors.

Internal Action involves a progressive demand letter system a final notice and cost disputes letter, these letters are initiated and sent out by your office, the letters introduce Ringrose Credit Control as a third party, no commission is payable on Internal Action matters, this is the most cost effective way of pursuing slow accounts.

External Action is for all other action and involves instructions to Ringrose Credit Control, e.g.; verbal demands, letters of demand, setting up and monitoring repayment plans, skip tracing, negotiating settlements, process serving and coordinating legal action, all the way through to Bankruptcy or Liquidation, should that become necessary, 12 free Demand are included in the Subscription fee.

All letter procedures and instructions are recorded within the Cash Flow Computer System program installed on your computer. Or you may choose the manual book recording system.

No commission is payable on any recovered amount providing your Annual Subscription is current when a payment of an account is received, and you have not chosen the “Commission Payable Option”.

CUSTOMISED SERVICES

We realise that in order to satisfy all needs we have to be flexible and provide customers with the versatility needed to handle all types of mercantile problems. You now have the ability to choose the desired service and cost structure, have one of our experienced credit consultants tailor a package to suit your needs.

Getting started
To undertake customised services, you will be required to view and sign a Service Agreement and Guide To Fees, this enables you to utilise our services in the most cost effective way without any misunderstandings. After consultation we will draft an Agreement to meet your requirements then forward the same to you for your approval.

Contact us now
Click on Contact Us and complete the form, or phone our office for you free consultation.