GreenFlag Profit Recovery by Transworld Systems, Inc.
Transworld Systems Inc. is a nationwide licensed collection agency with 150 offices and over 65,000 clients. An established company for 37 years, they currently provide recovery services for over 150 Fortune 500 companies. These businesses entrust Transworld Systems with their slow-pay, delinquent accounts as well as bad checks. Last year they recovered over $700 million at an average cost of less than $10 per account. This pricing translates to only 7 cents per dollar collected. Their success rate is more than triple that of the industry average, which typically collects less than 14% of debts assigned with a typical cost of 40-50%. Transworld Systems offers an average recovery rate of 56% which is 4 times the rate of others at about one-sixth the cost.
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