Debtsource (Pty) Ltd
Financial Management in Randburg

Credit Management Company Johannesburg South Africa - DEBTSOURCE - a South African company handles the entire credit management process.

This is the very reason for the existence of DEBTSOURCE a company specifically created to assist your business in managing the entire credit extension process. While most entities employ some methods for improving debt recovery such as credit control staff, possibly credit information or even credit insurance very few organizations have the resources or access to the skills and sophisticated systems employed by DEBTSOURCE. Whether you are simply looking for assistance with any of your credit processes or a complete outsourcing service DEBTSOURCE has a cost-effective solution that will improve your company’s cash-flow. We want to achieve this through the implementation of unique, end-to-end credit management solutions that is not designed for mass consumption yet holds a reputation for being absolute subject matter experts. We hope to engender an environment that is professional, slick, friendly, fun, responsible, ethical, academic, sustainable and financially rewarding for all stakeholders. This vision extends to an enterprise that is based throughout Sub-Saharan Africa, with global customers. The purpose of entering into an outsourced agreement is to gain access to sophisticated credit systems and management expertise at a cost far below a comparative implementation within your own company. Once this process is completed you will gain an insight into your customer base you never thought possible. All customers are graded into specific categories and every category managed individually. These reports are presented and discussed to ensure a thorough understanding of what is probably your largest asset. As a financial tool it provides security for lending, as bankers know that the solvency of customers can jeopardize the ability to repay a loan. As Credit Management experts we will assist you in making the appropriate security decision, taking into account all factors relating to a specific transaction or transactions. Investing sufficient resources in effective credit management strategies is always a critical element for business success. Debtsource can assist your business by providing a complete re-assessment of your existing credit management strategies. DEBTSOURCE achieves this by doing an analysis of your existing methods and recommends best practice. This service is DEBTSOURCE’s most cost-effective solution for employing a credit expert in your organisation. As a registered and licensed debt recovery agent, DEBTSOURCE can provide your company with a variety of collection services to suit your particular requirements. Our service offering extends to traditional pre-legal recovery services, an outsourced handover process and legal recoveries on particular debtors in conjunction with a firm of attorneys that are specialised in the legal collections field. The basis of our outsourced handover service differs to that of traditional debt collection mechanisms, as it attempts to provide a more holistic approach to the collection of your receivables. DEBTSOURCE works closely together with attorneys that specialise in legal-credit matters, and are therefore ideally placed to quote legal recoveries on a lower than market fixed fee basis as well as ensuring results. Any decision made in business is only as good as the information on which it is based. The DEBTSOURCE Data Services solutions encompass not only traditional credit information sources, but makes the paradigm shift of combining this with billing records, thereby laying the foundation for automated and decisioning mechanisms that truly revolutionise the credit process. Closely allied to effective receivables management lies the efficiency of the credit management department. Debtsource is one of only a few entities in South Africa that are uniquely placed to provide such a solution and this forms an especially critical part of our outsourced service offering.