Biorn Corporation Highlights Innovative Debt Collection Strategies
FORT LAUDERDALE, Fla., March 15, 2024 /PRNewswire/ -- Biorn Corporation, spearheaded by President Craig Biorn, continues to redefine debt collection strategies with innovative approaches. A recent success story underscores the company's commitment to excellence and client success, further solidifying its position as a recognized leader in the debt collection industry.
In a dynamic business landscape where growth and financial management intersect, Biorn Corporation's ingenuity shines through. Their recent triumph stemmed from a strategic move to address a common challenge faced by many companies: managing past due debts effectively. Typically, this task involves larger companies engaging multiple collection agencies, but Biorn Corporation saw an opportunity to streamline the process with one of their clients who split placements between Biorn and another agency.
Taking a strategic step in April 2023, Biorn proposed to one of its agriculture industry clients to assign Biorn all placements deemed uncollectable by the other collection agency over the past two years. Leveraging their decades of experience in the collection industry and a proven track record of surpassing recovery targets, Biorn Corporation instilled confidence in their ability to deliver results. And deliver they did!
By the end of 2023, Biorn Corporation had successfully collected on over 15% of the previously deemed uncollectable placements with projections of further collections beyond that point. This project is a testament to their superior performance and innovative strategies. The end result was the client assigning all future debt collection efforts to Biorn.
President Craig Biorn commented on the achievement, emphasizing the importance of seizing opportunities and fostering trust with clients. He highlighted the company's arsenal of services, which starts with his team.
Jason Larson, Collection's Team Leader, is an industry veteran. He further enhances the company's capabilities. With Jason's expertise he lead the charge in keeping the collection team utilizing professional collection methods of written communication and phone calls. These are complemented by credit reporting, asset searches ensuring thorough and effective debt collection results.
Larson empowers the team to navigate the complexities of debt collection with precision and professionalism, reinforcing Biorn Corporation's dedication to providing top-notch service and achieving optimal outcomes for every client.
Even the small balance files are worked to a conclusion under the supervision of Tyler Hines. The team appreciates a very useful in-house resource, which is it's Research and Investigation Department maintained by Zak Mohammed.
Moreover, Biorn Corporation's commitment to performance-driven outcomes is underscored by their contingency-based collection costs, ensuring that clients only pay when money is collected. Transparency and reliability are further emphasized through monthly remittance and detailed reporting, providing clients with the progress of their collections.
Grey Luna, a seasoned National Accounts Representative at Biorn Corporation, sees the recent success story as a valuable tool in his sale's arsenal. Understanding the importance of trust in the industry, Grey shares this story as he engages with potential clients. By showcasing Biorn Corporation's expertise and comprehensive services, Grey aims to instill confidence and position the company as the go-to solution for debt collection needs.
Grey recognizes options create strength and the opportunity presented by second placements is one of those options. He understands that these situations offer a foot in the door to start working with new clients. By offering personalized attention and tailored solutions, Grey intends to demonstrate the value Biorn Corporation brings to the table, ultimately securing long-term partnerships and driving success for both parties.
In conclusion, Biorn Corporation's innovative approach, reinforcing dedication and commitment to excellence brighten of the debt collection landscape, offering tailored solutions and unparalleled results for businesses navigating financial challenges. With trust at the forefront of every interaction, and with their sold staff, Biorn Corporation stands ready to assist their clients towards their financial goals, one success story at a time.
Media Contact:
Craig Biorn
6128688489
[email protected]
SOURCE Biorn Corporation
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