Green Flag Accelerator Timeline And Contact Series[1]

® 2010 Transworld Systems Inc. All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022

“Getting Paid Has Never Been Easier!”

The service you’ve been asking for is finally here.

Previously available only to our largest clients, Green Flag Accelerator, is now available to small and medium sized businesses like yours. If you’ve been looking for an easier, more cost-effective way to systematically stay on top of your billing and follow up – the wait is over.

•Ever struggle to find the time to contact customers regarding payments?

•Experiencing more frequent interruptions in your cash flow?

•Looking for additional ways to make ends meet in this challenging economy?

A Credit Manager’s New “Best” Friend


What Is Green Flag Accelerator?

• A Cost effective, diplomatic and systematic fixed fee service that resolves past due

accounts BEFORE they need to go to collection.

• A series of 5 contacts – 3 written and 2 automated calls, made by us IN YOUR NAME

- all for an average price of less than $14.00.

• A more efficient way to reconnect with your customers, generate payments and

improve cash flow.

• A web-based billing management system that provides greater access, control and

reporting transparency than internal billing efforts alone. Upload your accounts to

Accelerator - and we do the rest.


GreenFlag Four Stage Approach

OutsourcedIn House

Efforts – inYour Name

Pre- Collection3rd PartyDemands

3rd Party Verbal

Demands

70 Days

Demand 1

80 Days

Demand 2

90 Days

Demand 3

100 Days

Demand 4

110 Days

Demand 5

We contact slow paying accounts every 10 days increasing intensity in each demand without alienating your customers

or patients.

Early In House Use of a Diplomatic Third Party at a Controlled Cost. You maintain Control of

your Accounts.

120 DaysIntensive Collections/Legal Action

30 Days Diplomati

c Reminder

Letter #1

37 Days

Diplomatic Reminder Call #1

44 Days

Diplomatic

ReminderLetter #2

51 Days Diplomati

c Reminder

Call #2

58 Days

Final Warning Letter

After the invoice or initial statement, submit accounts to GreenFlag Accelerator – limit internal efforts and

expense while controlling the entire process

Systematically contact your customers and patients

with 5 contacts in 30 days!

YourIn House

EffortsSend Invoice or Statement Clien

t


GreenFlag Accelerator

Contact 1:Diplomatic Reminder

Letter




Call

Automated Reminder Call #1:

Hello. This is not a telemarketing call. This is <TSI Client Name> calling regarding your account and a letter we recently sent you on <Date>. This message is for <Debtor Name>.

Please contact us at your earliest convenience at <Phone> and reference your account number <Account>. Again, that’s <TSI Client Name> at <Phone>. Thank you for your immediate attention to this matter.

Click here: to hear this sample message




Letter




Call

Automated Reminder Call #2:

Hello. This is not a telemarketing call. This is <TSI Client Name> calling for the second time regarding your account and a letter we recently sent you on <Date>. This message is for <Debtor Name>.

Please contact us at your earliest convenience at <Phone> and reference your account number <Account>. Again, that’s <TSI Client Name> at <Phone>. Thank you for your immediate attention to this matter.

Click here: to hear this sample message



Contact 5:Final

WarningLetter

Final thoughts…


Prospering in today’s business climate is more challenging than ever. FORTUNE 500 companies have relied on Transworld Systems Inc. for over 40 years to provide their businesses with the revenue management tools they needed and required to operate profitably, regardless of the state of the economy.

Now, your business can take advantage of these same BEST in CLASS services as well.

I look forward to speaking with you.

For more information on Green Flag Accelerator or any other Green Flag Services, please contact:

Charllie ColarulloCash-Flow ConsultantTransworld Systems Inc.Medical and Commercial Divisionsp. 978-557-2100 x 22f. 978-687-0725c. 508-361-2095e. [email protected]

Why use the


•Ease of Use - It’s as easy as uploading the accounts to our Online Client Portal! Once the account is uploaded, we will start to contact the customer

•Better Chance of Recovery – the chance of recovering the balance is the best in the first 60 days. GreenFlag Accelerator will contact the customer 5 times in 30 days in order to encourage payment. In addition, we will check each account you send to us for bankruptcies, letting you know very quickly via the Online Client Portal if there is a match.

•Increased Cash Flow – the patient/customer will pay you directly just as they do in our GreenFlag Profit Recovery program

•Comprehensive Accounts Receivable Program – upload accounts to GreenFlag Accelerator and let us do the rest. Each account will be worked consistently

and if not recovered, can roll over to our Phase I GreenFlag Profit Recovery service. You benefit from a consistent and timely approach to yourreceivables.

•Focus on your business – let GreenFlag Accelerator contact patients/ customers on your behalf and instead, spend that time growing the business and focusing on other priorities.

•Low cost – the cost of sending letters and making phone calls adds up. Most companies are spending on average $31.60 per customer in an effort to collect the balance. Save money by letting the GreenFlag Accelerator program do it for you at a low cost of $10/account (company average).

•Reduce write offs and accounts needing to go to third party collections

Green Flag Accelerator Timeline And Contact Series[1]

Documents

Transcript of Green Flag Accelerator Timeline And Contact Series[1]