OVERVIEW
WHAT STARTED IT
At my time at Deloitte & Touche with enterprise clients, the idea of bad debt seemed like bad karma. Of a promise made but not kept, of a word given but not honored.
We address the issue of tens of millions of dollars building up over three, four or five years unattended and written off in Finance's bottom draw. To this, we add real options for people to resolve the unpaid debt plus provide a set of tools to get them back to financial fitness in a socially responsible manner.
We created Project Bad Debt for enterprise clients that we run for you.
HOW IT WORKS
1. Identify the past 5 years charged off bad debt that is no longer being worked on
2. Align automated outreach and escalation messaging, settlement discounts and acceptable payment plan parameters
3. We take it from there using our inhouse proprietary First Party overdue bad debt platform to communicate via texts and emails to negotiate options and find solutions to getting you paid and the client's financial fitness back on track
BENEFITS
- VALUE CREATION FORMULA
$ Recovered
+ % Lowered Provision Reserve
x PE Multiple
- EASE OF EXECUTION
No cost, a shared upside model
No heavy lifting, our team executes for you
No impact on your existing business process
- CARING FOR CUSTOMERS
Options to remedy
Financial fitness
Social Responsibility
PRICING
NO PROJECT COST.
YOU KEEP THE MAJORITY OF THE RECOVERY.
YOU HELP PRIOR CLIENTS GET BACK ON TRACK.
NO COST
We fund the project & communication costs and you get to keep the majority of the recovery plus the value that is created.
Its a shared upside costing model.
NO IMPACT ON BACK OFFICE
Nothing to implement or effect your existing back office or process. Project Bad Debt is a defined stand alone 5 week project that we run with your oversight for intelligent First Party receivables using our proprietary automated platform.
SOCIAL RESPONSIBILITY
Real options to solve (settlement discounts, counter offers, start low payment plans) tools to get back to financial fitness and be socially responsible.
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AUDIT
Articulate a true value add in your audit management recommendation letters.
FINANCE DIRECTOR
We execute your fiduciary best efforts for you while creating measurable value.
SOCIAL RESPONSIBILITY
Empathy, real tools to resolve non-payment and a return to financial fitness.
Contact Us
Reach out direct to kevin@captira.com or complete the form below.
ADDRESS
646 Plank Road, Ste 202
Albany NY 12065
4660 La Jolla Village Drive, Ste 100
San Diego, CA 92122
PROJECT BAD DEBT
Project Bad Debt is a product of
KPFB dba Featherbrooke, Inc
and their wholly owned subsidiary
Captira Analytical, LLC
© 2022