Mission, Vision and Objectives
Mission
Our mission is to recover what is due from the debtors that belong to our clients. We understand the frustration the companies must be going through when their accounts department is not performing to its maximum capacity. The product and services have been provided to the debtors but the money is not being received by the company to render those products and services.
By taking the first step to give us your old accounts that are more than 150 days to collect on, we guarantee that in the first 3 months we will be able to show you positive changes.
Sin Collections is working on accounts from as low as 30 days to up to 3 years, we are giving organizations a chance to negotiate for the collection fee percentages on reasonable rates in the first 3 months. Sin Collections is determined to assist your organization to make changes that will benefit your organization in a long run and will gradually increase your cash inflow (accounts receivable) and your profit margins by a number of percentages. Unlike other debt collection companies that add collection costs on debtors capital balance (handed over amount) from day one, Sin Collections and Recoveries only collect on a handed overbalance for the period of 3 months and thereafter we add collection costs on debtors who did not make payment within the first 3 months. Our research has proved this strategy to be motivating the debtors to settle their accounts within the prescribed time.
Our main policy is to work hand in hand with our clients so we can be able to use our collections methods conscientiously to get meritoriously results.
We use one of the best systems to trace elusive debtors numbers, send SMS's and emails to inform the debtors about the hand over of their accounts, and as well as payment arrangements SMS reminder. We inform debtors through emails, whats app, and SMS about any discount offers in their accounts. We post mails of Notices and Letters of demand as a requirement of NCA.
Vision
Our Vision is to become the best company in the debt recovery industry by creating new innovations that will change the whole spectrum of debt collections methods by enabling the ideas of the young gifted South African graduates to take charge in all the areas of the credit management and debt collections to seek the possible solutions to collect effectively and recover the outstanding amounts within our clients average collections period.
Objectives
Our objective is to focus on providing the debt collection amenities to our clients that will create a positive market share and selective retention, executing our projects within the set time frame and involving our clients in all our decision and that makes us to be the best in what we proclaim to be in the industry. We are firm in working hand in hand with our stakeholders within our ethos in order to complete our aim successfully. We are an EME B-BBEE level 1 with 135% procurement recognition, certificate issued by the Companies and Intellectual Property Commission.