SERVICES

 Our third-party commercial collection services is a contingency fee program. Which means there is no cost to you unless we collect, so no collection equals no fees. 
Sending delinquent accounts to a third-party collections agency can relieve the burden from your accounts receivable staff. Our collection services can help you increase cash flow, reduce costs, decrease bad debt write-offs, and more importantly protect your right as a creditor. Our success comes from the amount of focus we give to each account by instilling a level of urgency regarding the importance of immediate payment no matter the amount. We use a combination of letters, phone contact, emails, fax, advanced skip tracing techniques, and credit bureau reporting.

We are committed to the highest professional standards, and treat every individual with respect and dignity. 

All PPM collectors are recognized Certified Collectors by the American Collector Association, and have earned certified status through the IACC Certified Commercial Collector Program or are working toward that end. Our highly trained collectors understand the most effective debt collection methods and strategies. 
Advantages of Proper Portfolio Management, LLC collections:

• Increase in Accounts Receivable recovery
• Free credit bureau reporting
• Skip tracing technology
• Personalized service
• Payment plan set up and monitoring
• Secure client website allowing you to audit your placed accounts 24/7.

Through our secure portal clients are provided the flexibility and freedom to audit their accounts, access reports, place new accounts, and report payments anytime, 24/7.

Each report shows the client's name, address, date of each debtor transaction, current status, collector notes, amount collected, commission fee, the balance, if any still due, and the amount of the enclosed check for remittance. This does not replace regular updates that PPM will provide on the accounts, but rather supplement that information as needed. 

The portal also allows clients to update account information, report payments, place single or multiple spreadsheet accounts for collection, and notify collectors of new information that can assist in debt recovery. In addition to retrieving basic information such as name of debtor, amount placed, date of placement, current status, etc the program’s features allow you to sort the data by multiple search criteria. This provides the ability to create custom reports, make comprehensive statistical comparisons and track the most up-to-date recovery results. Reports can also be exported into an excel or text format for client convenience. 

Accounts placed with PPM may be listed with the credit reporting services of the National Bureau Trans Union. Statistics show an increase of up to 11% additional recoveries of bad debt just by having it listed on the debtors credit history. Customers who know you are reporting payment behavior to credit agencies are less likely to default on their debt.  

 PPM uses skip-tracing to locate debtors whose contact information is no longer accurate. We have access to Interactive Data's portfolio of solutions the most comprehensive skip-trace support systems in the industry. It contains information on an estimated 95% of the U.S. population. This enables us to locate more of your customers and get you paid faster.