Welcoming New Partnerships: First Party Accounts Receivable Management Opportunity

As Tavelli Co. continues to expand, so do the opportunities for our business partners across the state and nation. While many are familiar with our expertise in third-party receivables management, they may not know that we also handle first party accounts receivables and have been doing so for years. Known for our hospitality and consistent results, we are now excited to announce that, following a recent meeting with our CEO, we are open to new partnerships, including First Party ARM.

The First Party Invoice Management division of Tavelli Co. offers first-party receivables management services. By partnering with Tavelli Co., Inc., your company can outsource all or part of its internal receivables management processes to us. We manage these accounts under your brand, acting as an extension of your business by professionally contacting accounts in your organization’s name.

Over the past several decades, we have had the privilege of partnering with some of the nation’s premier hospitals, medical laboratories, and specialized medical facilities. Our Founder and CEO, Robert Tavelli, has played various roles, including contributing to state legislation and serving two terms as President of the California Association of Collectors. With extensive experience in compliance and legal guidelines, as well as a commitment to developing new leaders, Tavelli Co. exemplifies what collections departments should strive for in their pursuit of excellence.

Difference Between First- and Third-Party Receivables

Most inquiries we receive are related to third-party receivables, including commercial, consumer, and medical needs. Which is why this branch of our company is consistently growing and expanding. First-party collections involve the original creditor or organization using their own staff or an outside agency (like us) to follow up on receivables under the original company name. In contrast, third-party collections involve an external company and their staff communicating under the collection agency’s name. The main difference being the timeframe at which the service takes place. With first party work this usually occurs under 90 days past due. Third party work generally occurs past the 90-day delinquent period or when the account is charged off.

There are several compelling reasons to hire us for your first-party receivables. Our top strengths include extensive experience, strict compliance, and proven results. With over 40 years of training and expertise, we bring unparalleled value to the table. This allows your company to concentrate on its core mission.

Conclusion

If your company or organization is interested in partnering with Tavelli Co., please reach out to us via email at sales@tavellico.com. As a leading Commercial Collection Agency in Los Angeles, we simplify the initial onboarding process by guiding new clients every step of the way. Our goal is to educate and accommodate, making what might seem like an unfamiliar process easy and well-organized. Many choose to partner with us because this area of their business is outside their expertise. Let the experts at Tavelli Co. help! We are proud to offer our services throughout the state of California. To learn more, contact Tavelli Co. at (707) 509-5565.

Tavelli Co., Inc. has over 40 years of unparalleled experience in the debt collection and receivables management industry. Our mission is to achieve the right balance between getting clients paid and being empathetic to debtor circumstances, through implementing innovative practices, hiring experienced people, and improving business decisions through analytics. We provide peace of mind to all involved by collecting money with no complaints. Tavelli Co., Inc. takes the time to carefully listen to your customers and share their feedback with you through meaningful data and transparent communication, so you have access to the information you need to make quality decisions and improve your processes in the future. Contact us today and let the debt collection experts at Tavelli Co., Inc. help you set your business up for success.

IMPORTANT: Information provided by Tavelli Co., Inc., any employees of Tavelli Co., Inc., or its subsidiaries is not intended as legal advice and may not be used as legal advice. It is not intended to be a full and exhaustive explanation of the law in any area, nor should it be used to replace the advice of your own legal counsel.