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Coface South – Credit insurance specialists

Coface South – E.W. Droppa & Associates, LLC. is a general agency for Coface North America. Providing solutions in credit insurance, business reports and commercial collections.

Why Coface Collections 

Coface Collections North America, Inc. is a full service commercial collection agency that provides its clients with a powerful infrastructure, sound business ethics and strong investigative experience. These services can be tailored to your needs to help you control past due accounts both domestic and international.

We attribute our success to critical factors such as:

  • An experienced collection staff.
  • Compliance and quality assurance.
  • Collection efforts that begin within 24 hours of placement.
  • The ability to ramp and scale quickly.
  • State of the art collections software.
  • Face to face meetings with our field investigator network.


Account Past Due

In todays volatile economic environment the choice of who you will use as your debt recovery partner is just as important as knowing when to place an account for collections. At Coface Collections, we still believe in the one on one relationship, which assures our clients of quick and professional service from a representative they know and trust. We have the ability to locate and collect from a great number of previously uncollected accounts Anywhere In The World!

Customized Solutions

Coface Commercial Collections customized solutions are designed to provide our clients with several outsourcing options for management of their invoices and claims. Our solutions concern any receivables whether they are small or large, domestic or export. It ranges from the management to the purchase of overdue receivables.

Coface Accounts Receivable Express (CARE)

Timely and efficient collection action is the key to keeping receivables in check and avoiding unnecessary aging of accounts. Too often, receivables are left inactive, waiting to be called and followed up on because the in house staff is overwhelmed or short staffed. That’s why we designed the CARE system to help your business avoid and manage these still very collectible 60, 90 and even 120 day delinquent accounts from turning into complete contingency collections where agency fees often exceed your profit margin. CARE is a low-cost internet based solution to help you quickly recover accounts less than 120 days old.

The CARE program includes the following features:

  • A low fixed fee per account. Collects any account on your books regardless of the balance or debtor location. Coface’s fees average less than 5 cents on the dollar collected.
  • CARE is an internet based collection program, combining Coface’s historic collection effectiveness with the speed of the internet for increased recoveries.
  • The reputation and goodwill of your organization are maintained at all times.
  • Skilled prefessional collectors using predictive dialers will conduct multiple debtor call campaigns including evenings and weekends when necessary.
  • Some CARE programs feature high impact demands that direct all primary phase payments to Coface for processing and administration.
  • Custom account auditing is available at no additional fee to stimulate payment and minimize debtor alienation.
  • Coface provides status reports to credit bureaus nationally during the secondary phase on all debtors assigned the CARE program. Debtors are advised that this information will become permanent public record available to all creditors.
  • Ask a Coface reprentative about our value added CARE Free Replacement Program.

International Commercial Collections

Coface International Commercial Collections is a U.S. leader in international past due debt collection or third party international commercial collection services, with the ability to provide service throughout the Coface entities worldwide. We have partnerships that extend its network to 97 countries with the ability to collect in the local language under local law. Our global network, the largest in the world, includes private investigators, international attorneys, consulates, and other global business contacts enabling Coface to operate effectively anywhere in the world. These resources help us recover funds faster than our competition at no additional cost. A collection specialist will be assigned to your account which will not only make the transition seamless, but will also give you one to one daily contact to handle your needs as they arise.

 

Coface Collections North America, Inc. is a member of the International Association of Commercial Collectors.

Coface Collections Presentation

F.A.Q.

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