Intelligent software remains compassionate as it escalates engagement with debtors to settle unpaid invoices.
ALBANY, NY, February 23, 2024 /PRNewswire/ — Captira Analytical LLC introduced its latest offering: Carol Collect, an intelligent and compassionate software solution designed specifically for small and medium-sized businesses struggling with the challenge of managing their customers’ unpaid invoices. Addressing the significant impact of lost revenue and cash flow disruptions that many smaller businesses face directly from their customers not paying unpaid and long overdue invoices, the solution provides a comprehensive ‘turnkey’ solution to help business owners.
Suitable for businesses of any size, the software is particularly useful for businesses that lack dedicated staff to follow up with clients and track unpaid invoices. Carol Collect automates key steps and processes while leveraging established technology built by Captira Analytical to serve its national client base in other industries. With more processing records 75 million dollars of outstanding corporate debts, Carol Collect prioritizes first-party collection methods, deviating from the conventional practice of outsourcing debt to third-party collectors after a certain point of DSO.
Carol Collect uses a series of pre-defined processes that encompass consistent and repetitive engagement, use of reminders, escalating tone and urgency, and collection efforts across a range of interactions. The software efficiently manages overdue or unpaid customer invoices on behalf of the company while providing regular updates and exception reporting.
“We built Carol Collect when we realized how many of our customers had unpaid invoices at their companies,” he said. Justin Scott, Chief Revenue Officer of Captira Analytical. “At its core, the software considers the value of the creditor-debtor relationship and strives to maintain it. Carol is, in fact, compassionate, but automatically escalates engagement when necessary. The payoff is success in resolving debt and increasing cash flow while maintaining valuable relationships and providing debtors with a range of options to resolve their debt.”
In contrast to the impersonal nature of third-party collections, Carol Collect offers a human-centric approach, recognizing the complexity of the debtor’s surrounding circumstances and the potential reputational risks associated with aggressive debt collection practices.
Carol Collect offers a subscription-free invoice pricing option, allowing businesses with less than 100 outstanding invoices to access the full suite of Carol Collect features for a nominal fee of just 99 cents according to the uploaded invoice. As businesses scale up, there are affordable options to help grow the business.
For more information, visit www.captira.com/collect
About Captira Analytical LLC
Captira Analytical LLC is a leading provider of collateral management software, trusted by industry professionals nationally. With a commitment to innovation and customer satisfaction, we have solidified our position as the #1 choice for bail agencies looking for efficient and reliable software solutions. Headquarters in Albany, New York, our team of dedicated professionals combines expertise and technology to deliver unparalleled results. Building on our success in the bail bond industry, we’ve expanded our offering to include an automated, small business-friendly solution to easily collect unpaid invoices. Our commitment to professionalism, reliability and a customer-centric approach set us apart, making Captira Analytical LLC the preferred partner for companies looking to streamline operations and increase efficiency.
Media contact:
Justin Scott
7608844662
http://www.captira.com/carolcollect
SOURCE Captira Analytical LLC
