| What Does SR2 Do?
SR2 is a collection and asset recovery solution for all businesses. If you have slow paying or delinquent accounts, then SR2 can help you. We work with small and large businesses in every industry to collect on accounts that would otherwise go unpaid. Most companies find that their in-house collection efforts are time-consuming and expensive, and that their attempts to collect from past-due accounts fall on deaf ears or just lead to more broken promises from elusive clients. In addition, most companies do not have access to the tools they need to collect effectively. Being a professional collection agency, SR2 has the experience, knowledge, and influence that are necessary to collect effectively. In addition, we have access to a wide variety of tools and resources that we can leverage to get you results.
 How effective is SR2?
SR2 is extremely effective and has helped many businesses increase cash flows significantly. Because we focus on collecting accounts earlier in their lifecycle, we have a very high success rate. Our clients have learned that the earlier they turn an account over to SR2 for collection, the faster they get paid. Industry research has shown that outside agencies have a greater probability of collecting on past due accounts than do internal efforts. In addition, research shows that the older a past due account, the more difficult it is to recover. SR2 addresses both your new and old accounts, using leading edge technologies and approaches for skip tracing, investigation, and tracking to help you get paid. We have a large number of referenceable clients who have stayed with SR2 for the long-term. View testimonials from some of our clients.
How can I increase my cash flow and reduce past-due accounts receivable?
Attempting to collect on past due accounts yourself is costly, time consuming, and less effective than using an outside agency. You have probably found that your attempts to communicate with your clients have fallen on deaf ears or resulted in more promises of payment than never arrives. The longer you wait to hand over these tough accounts to an outside agency, the less likely you are to get paid. The best way to increase your cash flow and minimize past due ARs is to work regularly with SR2 to hand off accounts as they reach the 90-day past due point. SR2 is a professional collection agency with access to a wealth of technology, information, and attorney support to help you get paid. By working with us, you not only get paid faster, but you decrease your collection costs - both of which mean increased cash flow for you.
Which Collection Plan is best for me?
SR2 has designed basic collection plans as a starting point for you. Then depending on your unique needs (including company size and industry), we work with you to customize your final collection plan. Please contact one of our account executives for a free evaluation of your collection needs.
What
is SR2 eCollect and what features does SR2 eCollect v.4.25
have?
SR2 eCollect is a web-based, online collection
management system that is accessible 24-hours a day from any
web browser in the world. The SR2 eCollect technology is proprietary
and was developed by SR2 over several years. It continues
to be enhanced, and SR2 eCollect v.4.25 is the latest version.
Access to SR2 eCollect is only available through SR2, and
it is included with all of our collection plans. We developed
SR2 eCollect after finding that the existing off-the-shelf
collection programs could not be tailored to meet our individual
clients' needs. In addition, we wanted to provide our clients
with continuous communication and status, and we found that
the best way to do this was to provide them with easy, anytime
access to the status of all of their accounts online. The
tool allows both SR2 and our clients to enter data into the
system, so we stay in sync at all times. The system reflects
real-time status, so updates are available immediately, and
the system keeps a running history of every contact (calls,
letters, etc.) that is made with an account. SR2 eCollect
also provides access to reporting & analysis capabilities
so that our clients can easily generate reports showing status
and amounts collected. When you sign up with SR2, your accounts
are placed into SR2 eCollect, and you are given your own user
ID and password for secure access to your accounts. Demo
the SR2 eCollect system .
What type of reports can I run in SR2 eCollect?
You can run detailed reports on all activity related to your accounts. Graphical reports show you at-a-glance how much of your money has been collected and how many accounts are Active, Suspended, or Closed. Other reports provide you with detailed payment history and information on what payment arrangements were made.
Is using SR2 as my collection service expensive?
Using an outside collection service properly is actually less expensive that running an in-house collection function. By outsourcing your collections to SR2, you eliminate costly overhead and wasted time. In addition, SR2 provides you access to technology and attorney resources that you probably could not afford on your own. Through our phased collection process, SR2 offers some of the lowest costs in the industry - while at the same time offering success rates that surpass those of other firms. We offer combinations of fixed rate and commission-based pricing structures and can customize a plan that meets your needs and budget. Contact us today for more information .
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