No, we are an accounts receivable management company. BCS is able to efficiently and effectively manage the entire receivable process for our clients. Our clients have significantly reduced expenses associated with the credit & collection function while realizing an improvement in the performance of their Accounts Receivable.

No, we are not a factor, we do not purchase your invoices and we do not take a security interest in your receivables. If you currently manage receivables in-house, by using BCS, nothing will change except the personnel that handle the credit process / first party invoice collection function and the resulting improvement in your accounts receivable.

Your customers continue to send payments directly to you, never to BCS.

Yes, your receivables continue to be controlled by you in your current accounting system. We upload a daily “snapshot” of your detailed A/R which we use to manage the credit process and first party collection of your receivables.

We contact your customers in your name, giving them the appearance that we are from within your company.

Clients have 24/7 access to their receivables on our proprietary, web-based software application.  This allows users to view, in real-time, the status of each customer, notes, disputed invoices, payment promises, aging reports and much more from any computer with an internet connection.

We know how important your customers are to you. Our past and present clients will attest to the professional way we handle their customers. We understand your desire to retain existing accounts and no BCS employee is allowed to get firm with a customer unless we have the client’s approval, and then only as a last resort.

Prospective employees are subject to demanding criteria both from a personality profile and experience standpoint. All of our collectors are trained extensively on our software and then closely supervised to ensure that they are always delivering the excellent service we promise to our clients.

We trust that by doing an excellent job our clients will want to work with us indefinitely and therefore have month to month agreements. The majority of our clients use our service for many years, some for over a decade.

Clients post customer payments, issue credit memos, create new invoices, and make journal entries to the A/R file, just as you do now. At the end of each day we obtain a new aging from the client electronically, which we upload into our software. A BCS representative will meet with a designated person from your company regularly to insure we are delivering the service & results you expect.

Since 1984 we have acted as the credit and collection department for hundreds of satisfied clients. In virtually every instance we have been able to reduce past due percentages to below industry norms. Not only have our clients eliminated the problems of staffing their own departments, i.e.; employee turnover, hiring and re-training of new personnel, vacation fill-in issues, absenteeism, etc., they also reap the benefits of a consistent effort produced by our experienced personnel.

Pricing is a monthly rate determined by the number of active (customers with a balance owing) accounts on your accounts receivable file at the beginning of each month. We do not charge our fee based on individual invoice amounts, sales volume, or any type of commission. There is a one-time fee of $750.00 to initially set you up in our system, however, there are no additional charges to access our system.

We have numerous investigative tools at our disposal that enable us to evaluate customer credit worthiness. We have consistently been able to control customer bad debt within each client’s budget, while managing the need to grow sales and retain customers. We utilize various credit reporting agencies, analyze customer financial statements, attend industry trade groups, access public records and network with factors as well as other credit managers so that we have the most current data available for making sound credit decisions.

If you have interest in pursuing outsourcing as an option, we would be pleased to meet with you, show you a demonstration of our software and answer any additional questions you may have.

The owners have been involved with credit management and first party receivables collection since the 1960’s. The President was the Senior VP of a major factoring company and has extensive knowledge in the receivable management industry. We are members of a number of finance / credit related associations and the principals enjoy a solid reputation in the finance & accounting community.

Our server is housed in a modern, secured facility with backup generators, cooling systems and redundant networks to provide maximum uptime. Client access is protected by 128 bit encryption technology and the most current firewall software available.

With your approval, we would process a small claims action or assign the account to either a collection agency or an attorney for handling and monitor the situation until a conclusion is reached. We work with a few agencies that are exceptional in what they do.

We developed our own proprietary, web accessible, state of the art software to maximize efficiencies in collecting A/R. We use an automatic follow-up process that allows us to maintain contact with your customers on a precise timeline, reducing slow turning receivables and bad debt. Our trained personnel know how to work with your customers to eliminate payment barriers, speed payments & improve cash flow. We use only the telephone and e-mail to communicate with your customers, allowing us to operate paperless. Every employee, management included, is engaged in the daily routine of maximizing our client’s receivable performance.

We have assisted hundreds of companies in a multitude of industries and probably have experience in your industry. The credit & collection function is relatively standard with a consistent professional effort being the most important aspect.