Collect-It Overview

This FREE-of-charge interface provides a efficient, cost-effective way to automate your collections efforts, using existing data from your MAS 90 or MAS 200 Accounts Receivable system. Collect-It adds a free collection interface to the Accounts Receivable module. With a few simple setup options, you are ready to choose and upload the outstanding invoice and customer information, sending it automatically to GreenFlag, an innovative, web-based collections management service. GreenFlag's automated system then makes regular contact with your customers until payment is received or you are satisfied.

GreenFlag℠ Profit Recovery
We have selected the GreenFlag℠ Profit Recovery product line from Transworld Systems to power the modification due to their inexpensive and innovative pre-collections program. You are required to register with GreenFlag and will be given a Client Number and web Login/Password information.

More information on this unique service is available at www.Collections4Less.com, or contact District Manager Dave Barrett at (818) 710-0244 x21, or his email: dave.barrett@transworldsystems.com.

How Collect-It Works
Collect-It runs the A/R aging process and identifies Open Item clients with delinquent accounts. After Set-up, collections can be initiated using the A/R Collection Export Screen.

If you choose to send invoices to collections, a Collections Export file will be created in the folder specified on the Collections Options screen. Delinquent invoice inclusion is controlled by Customer Collection Options, Invoice History invoice exclusion and Collection Options in that order. Invoices may be submitted individually or batched by customer delinquent total or balance owed total for the same set fee. For legal reasons, Balance Forward clients should be submitted manually.

GreenFlag's letters to your clients specifically request that payment be made directly to your company. When payments are received, you can run the Collections Payment Report which generates a Collections Payment File. This file can be uploaded to GreenFlag to close the loop and stop the collections Letters.

The Collections files must be manually transmitted to GreenFlag. Collect-It can upload the file via a browse button the GreenFlag/Transworld systems web site or via FTP for the letter program. Your GreenFlag account executive will advise you on which method to use.

Installation
Before using the system, you must install Collect-It to the folder containing your MAS 90 folder, enable the modification on the A/R Options Panel, and fill out the Collection Options Panel. The modification requires the Collections Account information to run. Learn more about Collect-It Installation

Collection Letters
The written demands are on “collection agency” letterhead. They originate from one of 120 national offices of their collection agency that are spread out throughout the US, Puerto Rico, and Canada. Since the letters originate from a local, licensed collection agency, there is a high compliance rate. GreenFlag instructs delinquent accounts to remit money directly to your company for improved cash flow. Persistently delinquent customers may be upgraded to full collection status with Transworld Systems for phone or legal contact after the 60-day period of written demands is complete, if you so choose.

Fees
GreenFlag will send up to 5 written demands in a 60 day period of time for a flat fee averaging $10 per account, depending on volume. There are no percentages charged. There are no maintenance fees or registration fees charged for Collect-It from Blytheco.

We hope you find Collect-It helpful in growing and controlling your business.