One of the crucial blood flow of finance is accounts receivables.
If the customers don't pay their due accounts, it becomes overdue,
and it's a burden on the shoulders of the receivable companies.
One of the reasons for overdue are disorganized paperwork, failed budget plans, and they haven't themselves paid by their customers.
Steps that we take:
Contact with customers and following up non-payments.
Calculate the total overdue.
Allow the customers to pay the accounts off over several installments.
Default occurs when a borrower is unable to make timely payments,
misses payments, or avoids or stops making payments entirely on
interest or principal owed. Individuals, businesses, and even
countries can fall prey to default if they
cannot keep up their debt obligations.
The consequences of defaults are :
Lower of the credit scores.
Reduced chances of obtaining credit in the future.
Higher interest rates on existing debt as well as any new obligations.
Disputed amounts occur when the overdue that the
Disputing Party contends is incorrectly billed.
Disputed amounts occur due to clerical errors, and overdue settled within being contested in good faith by the Loan Parties through appropriate proceedings.
The cheque that gets rejected by the banks due to insufficient funds in the bank accounts, canceled by the paying party, a technical reason such as the cheque not being dated or signed, and fraudulently issued. When the bank rejects the cheque, it provides the account holder with a Cheque Return Memo as well.
We acknowledge that disputes can arise from non-payment between an insurer and a policyholder. Our team of experts who are coherent in insurance language will work with the client's policyholders to educate them on the terms of their insurance policy and explain difficult to understand policy language. Many times, explaining the language of the policy is enough to settle disputes amongst parties.
The construction companies, on average, can have roughly daily and long-term expenses, from stalled construction projects to typical maintenance costs. Slow client payments and steep interest fees on bank loans, Keeping business afloat uneasy. Eliminating these problems fast can lead to healthy financial operations. Improving the situation will help to solve the worst such as bankruptcy.
With our competent teams, we will work with the clients to update records with customer data, developing alternate payment methods or systems that benefit both parties, and auditing loan documents. Maintain professionalism with customers at all times. We fully understand the legal aspects of mortgage contracts and debt collection and have a talent for math.
We will take the responsibility to locate and contact debtors to inquire about their payment status, keep track of assigned accounts. Negotiate payoff deadlines or payment plans. Plan a course of action to collect payment for overdue bills, loans, or other bills. We will act as the liaison between creditors and customers and manages due accounts.
We will act as an intermediary between our patients and their health insurance carrier. We will take the responsibilities for preparing and submitting patient bills for both insurance and private pay. Maintaining a high level of professionalism and adhere to all debt collection rules and regulations.
We will undertake the billing and collections, claim denials, patient accounts, and various administrative duties. All debt-related matters will be under the purview and will communicate regularly with insurance carriers and patients to pursue payments.
Telecom companies, due to their vast geographic organizational
structure, difficulties exist in the collection of debts owed.
Some individuals are overdue on their payments and miss their
invoices on time. This will create problems for the company,
especially smaller organizations, which rely on on-time
payments to keep their books balanced.
We will take the responsibility to collect and create the debt collection for the telecom companies so they can enjoy a hassle-free experience on tracking their debt.
The unpaid credit card debt is a hefty process if not maintained in due course. We will try to obtain accurate and complete records, so you don’t pursue people who don’t owe money. In the IoT world, credit card identity theft is one of the few that comes inevitably. We will make sure a reasonable effort to verify the claim.
Locate customers and do background checks, loans, and other documents. Organize and create a database of a list of people who have not made payments and collect payments on past due bills.
We will undertake the process of settlement in a debt reduction agreement reached between a creditor and borrower. A debt settlement is entered into by a borrower when they cannot pay the outstanding amount of debt to their creditors. Instead of declaring bankruptcy, the borrower may attempt to reach a debt settlement with their creditors.
The company name, Tanzeel, is an Arabic word meaning receiving hospitably and is a true reflection of Team
Tanzeel commitment to exceed client’s expectations.
Tanzeel is recognized as a professionally managed entity in the fields of Debt collection, Software development, Automobiles, Technical and Hardware section in which the management team possesses experience of successfully delivering projects and services to our client’s in INDIA and USA.
Tanzeel stands out as a reliable partner in the regional market and is recognized for delivering value to
its client’s as a one-stop shop,
through its diversified experience and strong local presence in the region.
We focus on the fundamentals, and in this context our teams see reliability and efficiency as key to successful execution of our plan. At the same time, our teams fully understand and appreciate that quality and schedule have to be managed to achieve the ultimate goal, that is, every client’s must be treated equally so that we can deliver the numbers at agreed quality, time and price.
Our team compromises of multitalented persons, and administrative support staffs. They are faithfully assures to overcome the diversity and challenges in the field of profession by providing a wide range of professional and specialization.
We do the right thing.
We work together.
We embrace change.
We strive to be the best.
We value everyone.
We make things with security.
We keep the confidentiality policies.