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In
addition to the traditional third party collection services, LDB
& Associates has developed an array of collection solutions
that can be used to maintain an accounts receivable system, whether
commercial or consumer.
Letter
Writing Collections - This is a
customer directed collection program for handling mainly small balance
delinquent customers. It is a pay as you use program. There are
no up-front costs, prepayments, or coupons to purchase. We do not
require a minimum number of accounts or a minimum dollar amount
per account. We can print the letter series on your stationery or
ours. You can customize the letter text or use our proven letter
series. We can accept single claims, groups, or bulk placements
via electronic transfer. Your customers will be instructed to send
their payment to your mail point or lock box network. Volume letter
programs are available as low as $.75 a letter.
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First
Party Voice Service - This is a soft
approach collection procedure that gets results. It is an affordable,
per account or contingent fee program designed to work lower balance
accounts while valuable management time is spent on the larger balance
accounts that have a direct effect on cash flow and days sales outstanding
(DSO). This is a collection program that is performed at our site
and we are totally transparent to your customers. Programs can be
tailored utilizing a combination of this program and the letter
writing collection procedure.
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Credit
Check - Need a credit report? Need
to find somebody? Order our reports without having to sign any contract.
Order one or ten reports, same low price. Experian single agency
reports are a low as $10.00 each. Discounts are available for high
usage customers.
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Credit
Group Management System - Our Credit
Group Management System is a professional information and group
interchange computer program. It was developed with the objective
of providing the industry credit interchanges with a powerful low-cost
tool for managing their industry group. The user-friendly system
is Windows 95/98 compatible.
Features:
- Menu
driven with button bars or point & click mouse option
- Intuitive
program eliminates lengthy user manual
- Portable
program allows laptop utilization
- Available
24 hours daily
- Current
Data: Internet updated within 24 hours of group meeting
- Credit
report generation without having to access a network.
Three
Easy ways to access information:
- Manually:
Members submit and receive "paper" report
- Email:
Contains historical data from members. Updated after each group
meeting.
- CD-ROM
or Floppy Disk: Contains historical data from members. Updated
after each group meeting.
System
requirements:
Windows 95, 98, or ME, Pentium compatible, 32 MB RAM, 256 Color,
15 MB free disk space, CD-ROM Drive.
Credit Management Consulting -
LDB & Associates Command Credit Consultant Program provides
professional consulting and industry focused services in the areas
of:
- Credit
& Collection Accounts Receivable Management Functions
- Professional
Credit & Collection Education & Seminar Programs
- Credit
& Collection Policy & Procedure Systems
These
resources have been designed to develop and/or enhance credit and
collection systems that will accelerate cash flow, thereby elevating
the knowledge of the credit professionals while implementing a program
that is designed to reduce a company's investment in accounts receivable.
A published policy and credit guide can be incorporated in the final
product.
These
services are designed to support the administration of a corporate
credit and collection function. The service is available for one-to-one
utilization or group training. A vital member of our staff is our
founder, Lee Baldieri, whose credentials include many years as a
senior corporate credit executive, past President of Southwestern
Connecticut NACM and an instructor in credit & collection management
courses at the University of Bridgeport and the University of Hartford.
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