How To Select a 3rd-Party Collection Agency

How to Select a Collection Agency Use several agencies. Never depend on just one, no matter how good you believe that agency to be. Many midsize companies find that using three agencies gives them adequate coverage. Monitor results. Distribute your placements among the three, and periodically monitor the results. It’s acceptable to give one agency more than its fair share if its results warrant a larger piece of the pie. Don’t focus entirely on fees. Evaluate the total dollars returned to…