Creditors

Vision

Our vision is to deliver consistently outstanding results for our clients, people and shareholders across Australia and New Zealand whilst protecting the reputations of all key stakeholders.

Mission

Our mission is to:

• Deliver better results and services than their competitors
• Maintain respect for the people that owe the money
• Continue to employ senior managers who are prepared to put their own capital at risk and invest in our company, passionate about the industry in which they work and are able to transfer this passion to the people who work for them
• Encourage transparency and treat all employees fairly, equitably and consistently
• Reward employees based on their performance and contribution to profitable growth
• Build wealth by producing consistent and high returns on our shareholders investments

Overview

Using the extensive Pre-Legal Debt Collection & Legal Debt Recovery experience of Impact Financial services (Aust) Pty Ltd we have developed a "new view" approach to collect outstanding accounts with the clear objective being to maximise recoveries, whilst protecting the brand/image of our customers. The key components of this proposal are:

Implementation

Implementation of collection processes based on the value of accounts, strict collection timeframes and Client cost minimisation.

Compliance

Ensuring compliance with the ACCC Debt Collection Guidelines on false or misleading statements.

Timeframe

An agreed timeframe for completing the pre-legal collections cycle that ensures a high level of urgency to collect "in time" is maintained by us

Accountability

Allocation of a suitably qualified Account Manager charged with the responsibility for recovering outstanding monies owed by our customers, providing regular client updates and meeting all Client Service Level expectations

Savings

Real cost savings with certainty of fixed fees for standard proceedings such as Solicitors Letters, Solicitors costs and Court costs.

Foundation

Precise workflow management capabilities of our fully integrated Debt Collection, Legal Debt Recovery, Client Management, Trust Accounting and General Ledger systems that will allow you to view all activities for both Pre-Legal Collections and Legal Debt Recoveries from a desktop

Commitment

Commitment by all NV people associated with your accounts to exceed a wide range of Service Level Standards

Management

Management and operational track record of our key people for delivering exceptional results for clients over an extended period of time

We firmly believe the combination of the "new view" formula together with the absolute commitment of our people to the success of this relationship will ensure your expectations are continuously met and exceeded.

Also in the Creditor Section, we need to include the following:

Our Unique Corporate Structure

Unlike the normal Corporate Structure that places directors at the top of a normal pyramid, Impact have adopted a customer first structure. We believe that we have two customers, you and your debtors. Our role is to obtain payment and wherever possible, rehabilitate the customer so that they continue to use your services (Providing this is in line with your policies). This structure also identifies the flow of information, demonstrating the natural filtering of information from customers through to our directors. Note that your staff and management are free to contact our management and directors at any time, as are debtors.

Impact believe that this unique style of corporate structure clearly defines our customer first mentality. Our culture here at Impact is one of service and support. We aim to please our customers in all areas of our work. This chart also identifies the main driver of our business which is our customers and their debtors.