UK Top 100 Accountancy firms

We received the debt this month from our client, one of the Top 100 accountancy firms in the UK, invoice value circa £10k, dating back to the end of 2014. We traced the most relevant person to get the debt paid. Negotiations began, we worked to push a fast close as due to the age and amount of the debt, our client had wanted escalation to legal. We avoided any need for legal action by using our negotiation skills with the debtor, and by doing so saved our client significant time and money.

2 weeks after receiving the debt we have received full payment of the invoice amount, payment of late fees, interest and collection charges. After settling our bill our client will still have recovered in excess of the full invoice value.