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More than $2.4 billion recovered for our clients in the last 5 years.
Our success rate is 56% collected at a cost of less than 4 cents per dollar
on average, compared to the typical agency that collects 14% at a cost
of 33 cents per dollar on average. GreenFlag Profit Recovery services
offer more than 4 times others’ success at about one-eighth the cost.
We encourage our clients to submit their accounts in the early stages of
delinquency when the opportunity for successful recovery is greatest.
More than 120 offices located throughout the United States.
Continued success stems from our nationwide network of recovery
offices. We serve clients who have a wide range of account balances.
Regardless of the balance or location of your customers, we provide the
ultimate system in diplomatic and intensive account recovery.
Our low, fixed fee averages less than $10.00* per account.
Get to know our services. Get to know our company. See for yourself
how our exceptional organization recovers more money, for more
businesses, at a lower cost. We believe GreenFlag will reshape the way
you view profit recovery — and the way you do business. *Company average.
“…the highest recovery rate in the industry – an average 56% of the value of the overdue accounts.”
— Barron’s National Business and Financial Weekly
We are in the Business of Profit Recovery.
GreenFlagSM Profit Recovery
by Transworld Systems is
the collections alternative
that generates more money
for our clients on their past
due accounts. We’ve been
proving it to our clients,
including many Fortune 500
companies, since 1970.
Let us prove it to you.
Hospitals, Medical and Dental Practices
Banks and Credit Unions
Travel Agencies
Libraries
Video Stores
Hotels
Colleges, Private Schools and Universities
Clothing Manufacturers
Pest Control
Convention Services
City, County and State Governments
Utility Companies
Auto Dealers
Advertising and Marketing Firms
Mail Order Houses
TV Stations
Health and Fitness Clubs
Insurance Companies and Agents
Heating and Air Conditioning Services
Ambulance Services
Cellular Telephone Services
CPA’s
Industrial Manufacturers and Distributors
Florists
Professional Athletic Teams
Fuel Oil Companies
Girl Scout Councils and YMCA’s
Security Alarm Companies
Veterinarians
Construction Companies and SpecialtyTrades
Attorneys
Auto Parts Stores/Suppliers
Printing Shops
Optical Stores
Trade Schools
Medical Laboratories
Wholesale Food Manufacturers and Distributors
“Our BBB has partnered with Transworld to offer our members the valuable benefit of increased cash flow through cost-effective debt collection.”
— President/CEO, Better Business Business Bureau of Southern Piedmont/Charlotte
Pay a fixed fee averaging less than $10* per account! Overall collection cost averages less than 4 cents per dollar on average collected vs. 33 cents with typical percentage agencies. **
Pay no commissions or percentages! All money is sent directly to you, improving your cash flow. You keep 100% of recovered funds.
Start recovery early when there’s the greatest success in collections. You can use GreenFlag early as an in-house tool, before accounts become a problem.
Harness the power of third party intervention. Professional contact from a nationwide agency gets attention and response, so you get substantially better recovery rates.
Maintain complete control. You decide when to start, stop and suspend collections with the click of your mouse. Choose how frequently we make contact and how assertive the approach should be.
Retain valued customers with our diplomatic approach. Using a third party lets you maintain good relationships with your customers, while training slow-payers to re-prioritize your billing.
Convenient, easy access 24/7 to your accounts. With our website, you always know the status of your accounts – from daily reports to fully archived records.
Submit large groups of accounts instantly via our interactive, secure website. Save staff time by uploading large volumes of accounts in seconds using our secure web portal or take advantage of one of our many software interfaces for programs like QuickBooks.
Dramatically reduce your internal costs by minimizing staff efforts. With GreenFlag, your staff concentrates on growing your core business rather than chasing after unresolved delinquent accounts.
*company average
**American Collector’s Association
“Now our collection process is more manageable. At 60 days, we submit accounts. GreenFlag does the work, and we reap the benefits!”
— Ellen Page, Delta Max, Scranton, Pennsylvania
PROFiT RECOvERy SERviCES
PAST DUE ACCOUNT RECOvERy
you know your customers better than anyone. When a past-due bill
or invoice becomes an issue, we give you the tools to recover your
money — quickly, easily and affordably.
WRiTTEN DEMANDS
Begin with our proven
recovery method. The
goal: to get you paid.
Once you’ve submitted
a debtor, let GreenFlag
do the rest, so you
can get back to the
business at hand.
GreenFlag is the proven low-cost way to act fast and get paid before it’s too late. This chart below shows the importance of early action when
recovery rates are best. And that translates into increased cash
flow for your business.
Unresolved ClaimsYou get swifter, more accurate resolution on insurance claims because
GreenFlag gets accounts re-prioritized and moved from the clerk’s desk
into the hands of a supervisor.
Slow Self-Paying PatientsPatients feel comfortable returning to you for medical care after
responding to our diplomatic third party intervention.
0
10
20
30
40
50
60
70
80
90
100
1 Month
(Based on U.S. Department of Commerce study of depreciation of accounts held in-house)
5%
26%
35%
70%
90%3 Months
Projected Decrease in Recoverability
Typical AgencyTransworld
4 Months 6 Months 12 Months
“GreenFlag has collected more than $600,000 for our office in delinquent insurance claims. The collection cost was a mere 1.1%! We’re now also using GreenFlag on our private
pay accounts and getting 50% recovery at 2% collection cost!”
— Ruby Dust, Administrator Surgery, Inc. in Tulsa, Oklahoma
MEDiCAL AND DENTAL SERviCES
Whether you run a large
medical practice or you’re
a single practitioner, cash
flow is negatively affected
by slow-paying patients and
unresolved insurance claims.
The power of GreenFlag’s
third party intervention gets
your bottom line back on
track quickly.
Medical and Dental Services
NATiONAL STATiSTiCS PROvE iT
“As a national direct marketer, we face some very unique challenges
in the area of collections. Transworld not only helped us meet these challenges
but helped us exceed our goals in a very cost-effective manner.”
— Tom Miglino, vice President, American Mint
GreenFlagRecovered 56%
(Company Average)
GreenFlag Costless than 4¢ per Dollar
Recovered(Company Average)
Average AgencyCollected 14%(ACA Average)
Average AgencyCost 33¢ per Dollar
(ACA Average)
According to the
American Collectors
Association, the average
collection agency collects
less than 14% of all debts
assigned at an average cost of
33 cents per dollar collected.
Our clients experience a
56% recovery rate at an
approximate cost of less than
4 cents per dollar recovered.
PROvE iT TO yOURSELF
More than 60,000 companies nationwide have compared their traditional collection agency to
GreenFlag Profit Recovery by Transworld Systems and decided to switch to the best accounts
receivable solution available.
Services OfferedGreenFlag Profit Recovery
by Transworld SystemsPercentage Agency
Recovery Rate 56% -- highest in industry (average) 14% average according to American Collectors Assn.
Cost to Collect Accounts Less than 4% (average) 33% (average)
Increases Cash Flow Yes, money paid directly to you Money held up to 60 days
Stay in Control via Website Yes ?
Industry Leader Since 1970 Yes ?
Personal Rep on your Account Yes ?
“Real Time” Reporting 24/7 Yes, via user-friendly website ?
Archived Records Yes, via user-friendly website ?
“Thank You” Letter available Yes ?
Hold Harmless Agreement Yes ?
Reduces Internal Costs up to 70% Yes ?
Nationwide Coverage -120 offices Yes ?
Licensed, bonded and insured to collect in all states Yes ?
interactive Web Site Clients can submit accounts via our secure web site.
Account Management interface Allows clients to easily and quickly transfer groups of accounts via the web.
“...a long term proven record of being able to deliver twice the normal
recovery rate at a fraction of the normal cost.”
— Shearson Lehman
CONvENiENCE COUNTS GreenFlag offers you two ways to transmit debtors:
Contact us today to discover the benefits of GreenFlag Profit Recovery.
2235 Mercury Way | Suite 275 | Santa Rosa, CA 95407
www.transworldsystems.com
©2007 Transworld Systems inc. (Rev 03/07) All rights reserved. The Transworld Systems and GreenFlag logos are registered service marks of Transworld Systems inc. NyC License No. 1155022
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