Collecting debt paid on outstanding accounts is a critical component of any business, although many companies struggle to consistently dedicate in-house resources to the task. One company, Captira, is offering a viable alternative to this dilemma with their new software, Carol Collect.
With Carol Collect, businesses can free up time and resources normally allocated to the task of collecting accounts. Instead, they can leverage the automation software to do the work for them.
Carol Collect works by automating the following up of accounts receivable and working with debtors to get debt paid. This is an excellent choice for companies who are burdened with high DSO or large charge-offs. Carol Collect simply allows users to upload overdue invoices and enjoy full in-house automation with text messages, escalating reminders, immediate online payment options, and custom payment plan options.
“Carol Collect software starts working for you right away sending reminders, messages, and incentives to debtors to work on settling their debt,” said Justin Scott, CGO for Captira.
Carol Collect features a simple and easy to use interface, and perhaps one of its biggest incentives – aside from how effective it makes the task of handling accounts receivable – is that it offers an alternative or last chance to effectively collect much-needed cash in the business before charging off the debt or paying 40% or more in fees.
More information can be found at https://www.captira.com/carolcollect.