Tag Archives: Hiring a Debt Collection Agency

Speedy Response

To support and complement their collections department, many companies already use the services of collections agencies. Others rely on their attorneys for these matters. Whether you hire one or the other, it is very common to encounter the need for specific information or questions on their part: – Outstanding balance review – Supporting documentation to […]

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Freight Collections – Infographic

Please remember: – AFS International is exclusive to transportation and 100% contingent. – Should we not be able to collect, you owe us nothing.   – International Coverage.– Our results make us the best freight transportation collection agency. Besides, we offer free practical tools to maintain a profitable customer base: Download our eBook Credit & Collections Policy – […]

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Five of the most costly mistakes

These errors generate the most losses for any cargo transport and logistics companies. 1. Failure to resolve any dispute early on. It is very common to experience delays in receivables when the clients are not satisfied with the cargo transport services provided whether due to a delivery delay, merchandise damage or a dispute on an […]

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Alert, Freight Brokers going away!

The new law “Moving Ahead for Progress in the 21st Century Act’’ or ‘’MAP–21’’ is already generating considerable impact among freight brokers in the United States, Canada and Mexico. The increase in the surety bond amount for freight brokers from 10 thousand to 75 thousand dollars has generated a considerable decrease in the number of existing brokers. According […]

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Past Due Accounts Checklist

”Where you find order, there is character”, said Doménico Cieri Estrada. You need both in order to recover your past due accounts.. Having a Past Due Accounts Checklist in your Accounts Receivables Department will bring the following benefits to you: – It provides clear and strong support to define your internal collections strategy. – It provides basis and foundation […]

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Past-due Accounts …the true cost.

In the trucking industry, past due accounts are considerably expensive. We must be aware that from the moment the customer does not pay within the agreed credit terms this account becomes an overdue account. Therefore, action should be taken accordingly.  In addition to the amount owed, your Company also has to cover the costs of operation in the recovery process, such as: legal costs, […]

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Steps to maximize your collection

The business world today requires us to maximize collection efforts and to make more profitable decisions. On the one hand, a company’s resources are limited and on the other, those having cash-flow problems are financed by their transportation providers, resulting in a number of customers falling into delinquency. In order to optimize your decision-making it […]

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