Capital Recovery Corporation Client Reviews

Accounting
$200,000 to $999,999
Sep. 2010 - Ongoing

4.5

Quality: 4.5

Schedule: 4.0

Cost: 5.0

Willing to Refer: 5.0

“They're very knowledgeable and do an excellent job.”

Sep 5, 2018

Manager Business Services, Randstad Staffing

Keith Simington

Financial services
Atlanta, Georgia
1,001-5,000 Employees
Phone Interview
Verified

Assisting with a collections process, Capital Recovery Corporation contacts customers and facilitates legal suits with collections attorneys.

The internal team is happy with the results and the customer service. Capital Recovery Corporation goes above and beyond to answer all questions quickly, while their expertise and ability to build a personal relationship contributed to the long-term partnership.

A Clutch analyst personally interviewed this client over the phone. Below is an edited transcript.

BACKGROUND

Introduce your business and what you do there.

I'm the manager of business services at Randstad Staffing. I work in AR and I focus on collections management.

OPPORTUNITY / CHALLENGE

What challenge were you trying to address with Capital Recovery Corporation?

When people have an outstanding account, they either want an extended payment plan or they refuse to pay. We wanted to find a partner to help us recover some of the accounts.

SOLUTION

What was the scope of their involvement?

First, they contact customers by email or phone. If a customer doesn’t respond within 30-45 days, they facilitate sending of our file to a collections attorney. The collections attorney will work with the file and within 30 days they'll recommend whether we should file a suite.

What is the team composition?

We usually work with 2–3 people from their team.

How did you come to work with them?

I used them at my previous job.

How much have you invested with them?

We send between $750,000–$1 million a year. We have a collections rate of 12%, which is contingent on collections (they only get a fee if they collect).

What is the status of this engagement?

We started working with them in September 2010 and the relationship is ongoing.

RESULTS & FEEDBACK

What evidence can you share that demonstrates the impact of the engagement?

They're extremely responsive, so I always get quick answers to my questions–whether we speak by phone or via email. They have a client portal on their website, so I can use it to look up the client information if I'm not able to speak to them on the phone.

How did they perform from a project management standpoint?

They're very knowledgeable and do an excellent job.

What did you find most impressive about them?

They're local, which is important to us because we can meet in-person and build a positive relationship.

Are there any areas they could improve?

Not really. Their website could be a bit better, but they've already upgraded it and are looking into upgrading it again.

RATINGS

4.5

Capital Recovery Corporation

No Recovery; No Fee

Focus

Locations (1)

Highly Rated Similar Providers

Overall Review Rating

Quality

Schedule

Cost

Willing to Refer

Collection Services for Staffing Firm

BACKGROUND

OPPORTUNITY / CHALLENGE

SOLUTION

RESULTS & FEEDBACK

RATINGS