Controlaccount's worldwide team of recovery specialists collected more than £35 million in debt in 2018 with a 90% success rate. We are a truly global collection company providing a service without boundaries. Delivering an international service from a single point, we have developed long-term strategic partnerships with international brands and organisations where their debt recovery and data management needs are of sufficient complexity and scale that our customers value the sophistication of Controlaccount's capabilities and expertise.
Our approach is bespoke; providing a comprehensive range of recovery solutions together with systems and reporting tools that meet with your exact needs, improving communication and reducing administrative workloads. Our international debt recovery service works on a no collect, no fee commission basis – only payable on what we are able to recover. We have a dedicated, CAI accredited international collection team who will evaluate the debt before preparing an effective recovery strategy, using expert knowledge of the challenges associated with overseas debt, coupled with our wide ranging sector experience. We will then work to secure an amicable, positive resolution. Should our initial attempt be unsuccessful, a more localised presence will be required. With our client's agreement, we will instruct one of our trusted global partners to recover the debt for a minimal placement fee. Upon successful collection of overdue amounts, we can provide multi-currency payments, if required.
All of our clients have 24/7 access to our online ClientWeb portal which is a comprehensive and interactive reporting tool, allowing clients to see latest activity and upload new accounts or supporting documents.
International Trace – with our in-house, skilled trace investigators we can reconnect you with any debtors that may have absconded or gone away. We work quickly and efficiently and have high success rates in this area.
Litigation – Whilst our focus is on pre-legal collection, there are times when it is necessary to litigate. Our in-house legal counsel will access the debt and advise if litigation will bring a favourable outcome. From there, our legal counsel - together with our law partners, DWF LLP Law - will begin litigation proceedings. DWF has a substantial global footprint with over 27 offices worldwide meaning that global litigation can be implemented with ease.
Benefits of our International Debt Recovery Service:
Our debt recovery service operates throughout:
To hear more about Controlaccount and how we can recover your international debt, please call +44 (0) 1527 549 522 for a free, no obligation consultation, or email sales@controlac count.com
Days Sales Outstanding or DSO is a calculation used by a company to estimate their average collection period and measures how well a business accounts receivables are being managed and how efficient credit control departments are performing. The lower the days or ratio, the better it is for your business. If your business has a high days sales ratio, you may struggle to convert sales into cash flow. Try our calculator to find out how many days you are financing your customers.
From experience, we understand "Best Practice" for DSO within UK industry sectors.
You can compare your own DSO to this: