Collections is Communication
“The best collection is the best connection”
Have you ever encountered someone who always knew the right thing to say? Two people could be caught in a heated debate, and then this individual walks up, and minutes later, there is peace. You gaze at them in awe, thinking, “I wish I knew how to communicate like they do.”
We all have a friend like this, making life appear easy. However, it is challenging to comprehend why this one skill seems elevated above the rest. At Tavelli Co., we frequently encounter variations of this concept. Businesses struggle to get an individual or company to pay a past due invoice, they turn to us, and often new lines of communication are formed. Similar to neurons developing new pathways in the brain, we search for the clearest and most concise ways to communicate, and the results are evident.
Communication is the lifeblood of human interaction, permeating every aspect of our daily lives. In business, the collection agency serves as an intermediary, bridging the gap between creditors and debtors. This space exists because communication is much harder to grasp than advertised. It’s like a child signing up for classes in middle school, thinking, “English, well I speak English, so I should ace this course.” Obviously, this isn’t always the case. Similarly, sometimes our clients are surprised when we collect on a debt that previously went unpaid for months or even years. They made phone calls, sent notices, and talked to someone as well, so what was the difference?
Roughly a month ago, I thought it would be fun to calculate how many collections calls I made during the beginning of my career with Tavelli Co. The number came out to approximately 50,000. At Tavelli Co., our Standard Operating Procedures are crafted from these types of calls and subsequent interactions.
Ultimately, in our small business in Northern California, we are fortunate to have experience culminating from millions of calls. Our agents mediate delicate conversations, establish clear lines of communication, actively listen, negotiate payment plans, and ensure compliance and fair practices. These are things that initially take a lot of effort but over time become second nature. Through weekly meetings, we have established best practices that are meticulously refined and polished. Much like Dr. Strange predicting that there was one way out of millions to beat Thanos after running the simulations, a collection agency with years of experience has practical skill and understanding in finding quickly and efficiently “the way” that works to streamline this process.
In the dynamic landscape of finance and debt management, effective communication lies at the heart of successful debt resolution. The collection agency assumes the crucial responsibility of facilitating communication between creditors and debtors, fostering understanding, empathy, and transparency. By mediating delicate conversations, establishing clear lines of communication, and empowering debtors through education, the agency paves the way for amicable resolutions and financial recovery. As communication continues to be the key to resolving financial challenges, the role of the collection agency remains instrumental in unlocking the potential for financial well-being for all parties involved.
Located in Northern California, Tavelli Co. helps businesses throughout California streamline their collections practices. By leveraging our experience, tactics, and history of success we can help creditors reclaim debts they’ve considered lost. We practice a manner of receivables management that respects both the creditor and debtor. Call us today at (707) 509-5565 to learn more or discuss your AR needs.
Tavelli Co., Inc. has over 37 years of unparalleled experience in the debt collection and receivables management industry. Our mission is to achieve the right balance between getting clients paid and being empathetic to debtor circumstances, through implementing innovative practices, hiring experienced people, and improving business decisions through analytics. We provide peace of mind to all involved by collecting money with no complaints. Tavelli Co., Inc. takes the time to carefully listen to your customers and share their feedback with you through meaningful data and transparent communication, so you have access to the information you need to make quality decisions and improve your processes in the future. Contact us today and let the debt collection experts at Tavelli Co., Inc. help you set your business up for success.
IMPORTANT: Information provided by Tavelli Co., Inc., any employees of Tavelli Co., Inc., or its subsidiaries is not intended as legal advice and may not be used as legal advice. It is not intended to be a full and exhaustive explanation of the law in any area, nor should it be used to replace the advice of your own legal counsel.