Transworld Systems

GreenFlag Profit Recovery

5 / 5
1 review

Average Ratings

1 Review

  • 5 / 5

  • 5 / 5
    Ease of Use

  • 5 / 5
    Customer Service

Product Details

  • Starting Price
  • Deployment
    Cloud, SaaS, Web
  • Support
    Business Hours

Vendor Details

  • Transworld Systems
  • Founded 1970
  • United States

About GreenFlag Profit Recovery

GreenFlag Profit Recovery by Transworld Systems is a web-based profit recovery program for companies who want to remain in complete control 24/7 and are looking to interface billing and collections. Over 60,000 clients currently utilize our successful web-based platform. In addition, we support batch uploads which allows you to save time. We have recovered $2.4 billion for our clients over the last five years.

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GreenFlag Profit Recovery Features

  • Agency Management
  • Auto Dialer
  • Automated Notices
  • Callback Scheduling
  • Client Management
  • Commission Management
  • Compliance Management
  • Contact Management
  • Credit Bureau Reporting
  • In-House Collections
  • Payment Plans
  • Transaction Management

GreenFlag Profit Recovery Reviews

We use GreenFlag Profit Recovery services to follow up on collections for past due accounts

May 20, 2017

5 / 5
Ease of Use

5 / 5
Features & Functionality

5 / 5
Customer Support

5 / 5
Value for Money
Likelihood to Recommend: 10.0/10 Not

Pros: The software is user-friendly and offers different levels of assistance when collecting delinquent balances. It is possible to create different types of demand letters with different language depending on the situation. The profit recovery option is very effective when all internal collection efforts have yielded no results. GreenFlag also offers a service called "Collections" which is available when the customer does not settle their balance during the profit recovery stage. The software is capable of sending reminders whenever accounts need to be transferred into the next stage. The reporting options are very adequate and the software offers useful statistics about collection progress and history. Customer service staff is very responsive whenever we have a question and all inquiries are answered on a timely basis. We are very pleased with our experience with GreenFlag and we have obtained good collection results from difficult past due accounts.

Cons: The remittance check does not contain enough information to identify account collected. It is necessary to login into the system to obtain full details. It would be helpful to have this information on the check stub. However, this is a small inconvenience when compared to the benefits obtained when using this tool.

Overall: 1. Assistance when collecting balances from past due accounts

2. Good customer service and support whenever questions about the software came up

3. Great results in terms of collection experience