Tired of chasing your customers for your dues? – that’s our job!
Bring the experts onboard to help you improve your cashflow!
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GET YOUR MONEY FASTER
We assign a proficient team to follow up with customers for your outstanding payments consisting of;
1. A collections executive for routine call and email follow-ups with your customers and your collections.
2. Manager for escalations.
GET MORE CLARITY & PLAN AHEAD
Our daily & weekly reports give you more clarity about your money and help you plan future expenditures so that you can always be two steps ahead in achieving your goals.
GET MORE HOURS TO YOUR DAY
We take away the burden of following up with your clients so that you can have more time to concentrate on growing your business!
When we started working with Savage & Palmer, we appointed a 1 man team; however, as we've grown, they have seamlessly scaled up with us to a team of 8 in Accounts and Finance. They've taken full ownership & reduced our task of hiring, training, induction, employee engagement, and retention for the Accounts team. Their highly professional team has streamlined the entire accounts process for us.
Mohit Jain
Head E-Commerce, MCaffeine
Vikesh Shah
Co-Founder, 99 Pancakes
on approach.
Akash Sethi
Partner, Sweetish House Mafia
Jankee Desai
Partner, FancyPants
Being one of the first clients who signed on with Savage & Palmer, we are so proud to be part of this family. The entire team of Savage & Palmer has been extremely helpful, attentive and responsive at all times. We have stopped worrying about streamlining our accounts because they have taken it over so seamlessly from us. From the initial months to now, their level of involvement has remained the same.
Jankee Desai
Partner, FancyPants
It was a pleasure working with Savage & Palmer for Sweetish House Mafia’s support functions. The team of young professionals is very prompt in responding to my queries and has a hands on approach.
Akash Sethi
Partner, Sweetish House Mafia
When we started working with Savage & Palmer, we appointed a 1 man team; however, as we've grown, they have seamlessly scaled up with us to a team of 8 in Accounts and Finance. They've taken full ownership & reduced our task of hiring, training, induction, employee engagement, and retention for the Accounts team. Their highly professional team has streamlined the entire accounts process for us.
Mohit Jain
Head E-Commerce, MCaffeine
My expertise lies in growing my business & networking. Finance & compliance is not my cup of tea. This is where Savage & Palmer has been of great help. Their experts have advised me on valuation, investment & incorporation of entities in India and overseas. Their regular MIS reports help me have a clear picture of my books of accounts, and this has helped me grow exponentially
Vikesh Shah
Co-Founder, 99 Pancakes
Bring the experts onboardto help you grow your business.
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FAQ
Why should I take this service?
- Your accountant would not have to follow up with the debtors in a haphazard manner and can focus on maintaining your books of accounts.
- We use technology to our advantage and follow up via Calls, Emails, and even WhatsApp messages.
- We would be generating reports daily to keep you updated on:
a) How much money has been collected till date
b) How much is pending and when it would be received
c) Any escalations which may come up
Do you guarantee a certain Percentage of collection per month?
Since this is a process-driven service, we apply the same matrix of follow-up that has been successful over time. There are a lot of external factors that affect collections hence we can not guarantee the percentage collected. However, we have seen a success rate of upto 80%.
What is the frequency of the follow-up done by your team?
There will be a predefined frequency based on the volume of your data. It is also depends on the credit period that you have with your clients.
How do you ensure data confidentiality?
Data confidentiality is of utmost importance to us. We have a confidentiality clause in all our agreements and we would be more than happy to sign an NDA. We have worked with 1,500 clients over the past few years and all of them have trusted us with their data.
How does the costing work?
There is a fixed cost and a variable cost to our service. The monthly commercials are Rs. 7,000 (Fixed) + Rs 100 (per active debtor) + GST. Eg: If in a particular month we have to follow up with 10 debtors, then the commercials for that month would be Rs 7,000 + (100* 10) = Rs 8,000 + GST.
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