Complete Credit Management Solutions

At Mercantile Collection Services we focus on providing you with a complete solution to manage your receivables and overdue accounts rather than just focusing on debt collection. We provide bookkeeping, accounts receivable management and debt collection services. We facilitate maximum cash flow to your business by ensuring your customers pay their accounts on time. In many cases this is achieved without the use of debt collection procedures.

In our 18 years in business we have found that the majority of bad debtor accounts can be avoided by employing a well managed complete receivables management system. Having this in place is a lot more cost effective for our clients than relying solely on debt collection as it ensures payments are more likely to be paid on time or shortly after becoming overdue. This lessens the necessity of using debt collection and in doing so saves our clients additional collection fees and legal costs.

We have also found that many companies hold off using debt collection fearing that it may be detrimental to maintaining a working relationship with their customers. Introducing a system that is focused on receivables management rather than debt collection addresses this concern.

At the end of the day we are totally focused on achieving what our clients want and that is to be paid on time. Those clients who have a complete receivables management solution in place have found that 80% of their customers now pay on time. This only leaves 20% overdue to be followed up for payment through either accounts receivable management or debt collection.