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® 2009 Transworld Systems Inc. (Rev 1/09) 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 YOU
MIND YOUR OWN
BUSINESS
® 2009 Transworld Systems Inc. (Rev 1/09) 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
• 63,000 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** * Company Average **Based on ACA Statistics
® 2009 Transworld Systems Inc. (Rev 1/09) 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
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Start Early – Recover More
Fact: Companies wait to take action because they don’t want to pay a percentage and they don’t want to alienate their customer. Fact: GreenFlag is designed to take action early and diplomatically, recovering earlier and maintaining valuable customer relationships.
According to the U.S. Department of Commerce, the older an account, the harder it is to collect.
® 2009 Transworld Systems Inc. (Rev 1/09) 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:
4¢ per dollar collected
(company average)
Average Agency
Collected 14%
(ACA Average)
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 4 cents per
dollar collected
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Complete Online Account Management We 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
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
® 2009 Transworld Systems Inc. (Rev 1/09) 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
® 2009 Transworld Systems Inc. (Rev 1/09) 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
Collection Status Reporting
• Transworld reports monthly, weekly, daily via our Online Client Portal
• TSI sends a written monthly status report to all of our customers
• We track the current balance, age of the debt, when the service started, date of last activity
• We give you full control to enter payments in full, partial payments, or to suspend an account
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Athletico LTD – Real Results
• Last purchase date 9-02-09 – 6171 accounts at a cost of $52, 240.78 – 3613 accounts submitted for a total of $3.6
million dollars – PAID IN FULL (in 60 days) $1.1 million – Total Performance (in 60 days) $1.3 million – Collection cost to date 2.4% – ROI - $24:1
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Why It Works
We recover more because we start earlier. • Fixed fee, early third party intervention • Minimizes internal efforts at less than $10* per account • We work ALL of the accounts the same way, regardless of the
size or the balance. • Preserves your valued customer relationships • Provides complete monthly reporting on all accounts • Interactive, secure Online Client Portal (OCP) allows you to
submit accounts instantly
*Company Average
“GreenFlag has collected more than $600,000 for our office in delinquent insurance claims. The collection cost was a mere 1.1%!” Ruby Dust, Administrator Surgery, Inc. in Tulsa, Oklahoma
Internal complications... • Rising internal recovery costs • Continued depreciation of old accounts • Billing staff tendency towards concentration on
current accounts after numerous attempts to recover older debts have failed
• Continued restriction of cash-flow
How do you benefit?
• Using GreenFlag Profit Recovery at 30-45 days allows your staff to focus their attention and efforts on balances in the 0-30 day window. This reduces the number of accounts reaching 60 days.
• Quicker resolution of accounts effectively reduces the number of claims outstanding.
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Phase II – Verbal Demands
When intensive recovery efforts are required. Phase II - Verbal Demands employs a team of highly trained recovery specialists operating from nationwide call centers.
Verbal Demands Phase: • Professional, third party intervention • A more intensive recovery program • No collection, no charge • Offers legal recourse for tough cases
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Legal Options Making the difference in the toughest cases: GreenFlag Legal Options can make a difference where court action is warranted, and there are assets that can be recovered.
Legal Options Phase: • Cause suit to be filed • Pay all court costs • Pay attorney fees, service or process fees • Pay any other fees necessary to satisfy a judgment • An attorney will appear in court on your behalf Most Importantly: • If no money or assets are collected, there is NO charge.
® 2009 Transworld Systems Inc. (Rev 1/09) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems Inc. NYC License No. 1155022
Your Systems Partner Account Manager
Steven Wener I am here to support your success!
Direct Line: (760) 300-9166 [email protected]
Let’s Partner Together and Maximize Your Cash Flow!