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Transcript of Genericpresentation30dayterms
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
THE TOOLS TO HELP YOUMIND
YOUR OWN
BUSINESS
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Transworld Systems Inc.
Company Overview
• In business since 1970• 60,000+ clients• 100 Offices Nationwide• Recovered $2.4 billion* in the last 5 years for companies
across all industries including Fortune 500 & 100 Companies• Success rate of more than 4 times that of the industry
average**• 24/7 Online account management
* Company Average**Based on ACA Statistics
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
What the Experts Say
“The numbers speak for themselves – recovery of over $230 million dollars with a 53% recovery rate and an ROI of almost 4,000% with a collection cost of 2.5%.” Steve Hellebush, VP of Business Development, Medical Group Management Association
“The company has a collection rate of well over 50%. The typical collection firm gets only 20% and keeps 25% to 50% of recovered funds.” Fortune Magazine
“Transworld gets credit for the highest recovery rate in the industry.” Barron’s
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Markets Served
• Accounting• Advertising & Marketing Firms
• Ambulance Services• Attorneys• Auto Dealers, Parts Stores & Suppliers
• Banks & Credit Unions• Cellular Telephone Services
• City, County & State Governments
• CPAs• Colleges & Universities• Construction Companies & Specialty Trades
• Convention Services• Fuel Oil Companies• Girl Scout Councils & YMCAs
• Government• Health & Fitness Clubs• Heating & Air
Conditioning• Hospitals, Medical &
Dental Practices• Hotels• Industrial Manufacturers
& Distributors• Insurance Companies &
Agents• Lawn Care• Libraries• Mail Order Houses• Medical Laboratories• Newspapers & Magazines• Pest Control
• Postal Services• Print Shops• Private Schools• Professional Athletic
Teams• Restaurants• Retailers• Security Alarm Companies• Telephone/
Communications• Trade Schools• Travel Agencies• TV Stations• Utility Companies• Veterinarians• Video Stores• Waste Management
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Satisfied Clients
EntravisionCitizens Bank Visiting Nurse AssocTruGreen ChemlawnUnion Bank of CACAIN Fence Co.Texas Gas ServiceCPS EnergyHilton HotelsCity of Corpus ChristiFirst National BankUniversity of PhoenixRooms To GoMid Tex of MidlandFirst Light FCU
Southwest X-RayDrake UniversityFirst Federal BankMarriott CorporationDoral Golf ResortColdwell BankerSYSCO FoodsVA Medical CentersFergusonClearchannelUnivisionComfort KeepersGreater El Paso CUBank of the WestGulf Coast Paper Co
El Paso TimesAmerican MintUniversity CommonsCity of BlytheLas Cruces Sun NewsCarquest Auto PartsCity of Las CrucesGalavisionIndian Medical CentersUniversity Vision CtrMcDowell CountyCulligan WaterTIVO
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
What all our clients have in common
They extend credit and/or accept checks
They have an individual or entire department devoted to collecting past due accounts internally
They all have accounts that go 60/90 days even longer
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Conventional 2-Phase Approach
Day 30 Day 60 Day 90 Day 120 Day 150
Statement
Statement Statement,Letter #1,Phone Calls
Statement,Letter #2,Phone Calls
Statement,Letter #3,Phone Calls
According to the Dartnell Institute, the average cost of working an account internally over a six month period is $31.60 per account.
In-House Efforts
Out-House
Day 180
Intensive telephone contact and/or legal action at a cost of 25-50% of recovered amounts.
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
GreenFlag Three Phase Approach
In-House Efforts
Transworld
Systems
Conventional Collection Methods
Current 30 Days 60 Days
Statement StatementPhone Call
StatementPhone Call
Limit internal efforts to less than $11 per account
90 Days
104 Days
118 Days
132 Days
146 Days
We contact slow paying accounts every 10-14 days – at the client’s direction. Making up to 5 contacts – each progressively stronger.
Fixed fee – averaging less than $10 per account. The client controls the process.
180 Days/Write OffContingency Based Collections
“Secondary Assignment”
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Decrease in Recoverability
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
National Statistics Prove It
According to the American Collectors Association, the average collection agency collects less than 14% of all debts assigned at an average cost of 33 cents per dollar.
Transworld Collected
56%
(company average)
TSI Cost:
6¢ per dollar
collected
(company average)
Average
Agency Collected 14%
(ACA Averag
e)Average Agency Cost:
33%
(ACA Average)
Since Transworld does not take a percentage or alienate customers, our clients:
• Use us earlier• Experience a 56% recovery rate• At an average cost of 6 cents per
dollar collected
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Complete Online Account ManagementWe offer an easy way to transmit or stop
accounts!• You will have 24/7 online account
management from anywhere in the world.
• Complete control to stop, start & suspend accounts
• Upload spreadsheets with account information & submit large groups of accounts instantly
• Easy to learn with, great training tutorials
• Complete reporting• Superior online support
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Debtor Contact Map – Local Presence
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
First Demand, Courtesy Notice
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
First Demand, Intensive
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Second Demand
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Third Demand
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Fourth Demand
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Fifth & Final Demand
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Thank You Letter - Optional
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Why Do GreenFlag Demands Work?
• Return address is from closest contact office debtor which is zip code activated. Local contact!
• No company name, only PO Box on envelope which makes it hard to recognize. Gets opened!
• Size changes from mailgram to letter size every 10 days.• Return payment envelope & tear off voucher 1st, 3rd, & 5th
demands. The only thing we don’t do is lick the stamp for them!
• FDCPA Disclaimer on the bottom of the 1st demand for payment.
• 3rd party impact!
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Monroe Design – Status Report
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® 2007 Transworld Systems Inc. (Rev 11/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
To watch a short video on our service copy and paste link
www.greenflagmovies.com