Los Angeles, CA, December 04, 2009 --(PR.com
)-- American Agencies (www.americanagencies.com), a national leader in the collection industry, celebrates its 40-year anniversary this year. To show its innovation and connection with technology, it has launched major presences on social networks including Facebook, LinkedIn, Twitter, and YouTube. In doing so, they hope to educate and inform prospective customers and current clientele about best practices for increasing revenue through collections.
American Agencies also announced two new innovative services to assist their clients in their in-house collection efforts. AmeriScore is a unique tool that prioritizes accounts according to the likelihood of recovery so clients can focus on those who have the ability to pay. AmeriFind is a skip tracing process that researches unpaid accounts and returns information not usually found on a credit report such as new addresses and multiple phone numbers.
Andrew Rosenfeld DMD, a long term client of American Agencies stated, “We’ve been able to recover 40% of balances due, which gives us over an eight times return on our investment. At this stage we control the collection process and the money comes directly to us. Those patients that don’t respond go to their Phase 2 contingency service, where they have recovered an additional 29% of these harder to collect bills for us.”
Mark Slagle, Owner and Founder of American Agencies, said of its 40-year anniversary, “We have always been committed to our clients and the accounts we service. Our substantial investment in technology and growing presence on social media networks will help us service and educate our client base and those interested in collection processes. We look forward to the continued growth of American Agencies as we celebrate our 40-year anniversary.”
About American Agencies
Founded in 1969, American Agencies has partnered with creditors – some of them Fortune 100 organizations – to formulate and execute specialized recovery strategies in various industries including healthcare, telecommunications, banking, education and high technology. Having a diversified client base, licensing and authority across the United States, and a revenue growth rate in excess of 20%, American Agencies has become a national collection agency leading in commercial and consumer collections. American Agencies report to all three credit bureaus, complies with all federal regulations (FDCPA, FCRA, HIPAA etc.), and is a member in good standing of ACA International, the association of credit and collection professionals.
801-295-9820 ext. 39