Showing posts with label ICE PACC. Show all posts
Showing posts with label ICE PACC. Show all posts

Thursday, 31 January 2013

ICE PACC Software

Recently, we have had an increase in the demand for our ICE PACC computer software and so, due to this influx of interest, we have decided to give an overview of this innovative system which so far has had a 100% success rate.

The International credit enforcement pro-active credit control system, or ICE PACC as it is better known as, has been designed to reduce costs that are associated with the maintenance of a large credit control and recovery department; this is achieved through allowing a single user to maintain hundreds of accounts while having the benefits of external debt recovery through I-Credit Enforcement if they so wish. The ICE PACC is fully automated once a company, invoice and the payment terms have been added to the account.

The features of the ICE PACC are:-

  • To credit check and monitor the credit file of your client or potential client, to assure that the credit given by the company does not exceed the maximum amount of credit recommended for the client. This reduces the risk of bad debt for the company and it also ensures that the client is able to contain his debt.
  • To monitor your payment history with the client and affect the credit status on ICE PACC accordingly. 
  • Free pre-legal recovery: This is included in the ICE PACC programme along with the 7 and 14 day late payment reminders on I-Credit Enforcement header paper
  • To allow you to note your interactions with customers, clients and sales prospects.
  • To allow you to uphold the integrity of your business whilst helping to recover from bad debt.
  • To alert you by email when a payment is due or overdue.
  • To provide access anytime and anywhere as long as you have internet access.
  • Basic updated terms and conditions that can be customised to your requirements and customer satisfaction forms.
  • Lists of all open and overdue orders.
  • Working with a traffic light system that shows both current credit file status and current dealings with the client's status i.e. awaiting satisfaction form, new terms not signed, review date etc.
If the need does arise, I-Credit Enforcement will be able to take over the debt recovery process on an ad-hoc basis. As all of the accounts are loaded onto our online system, passing the account or accounts for recovery to I-Credit Enforcement is quick and simple as we can receive the data straight from the system. You can request individual actions on an account, for example, we can make a single telephone call, visit the debtor in person, take legal action, send out a severe letter or instigate a 28 day recovery. 

All of this, including the 100% success rate, makes this service extremely cost effective. Unlike many other credit management and debt recovery packages, the ICE PACC does not require a large capital outlay. Set up, which includes loading the account into ICE PACC is £295 + VAT and £25.00 for any additional credits. These credits are valid for one year once used.

Our subscription based model is designed to ensure that we can tailor the package to suit all of the customers needs and all sizes of budget.

If you require any more information take a look at the following video that takes you through the software system http://www.credit-control-software.com/video.php?product=000. If you have any questions regarding ICE PACC or are interested in using this system in your business please call us on 0118 3240 338 or email us at info@icreditenforcement.com. 

Wednesday, 24 October 2012

The Beginning of ICE PACC


Every business is created from a single idea and Gareth Thomas’s evolved from the growing need to find a way to recover owed monies from slow paying or non-paying clients. Due to recurring factors such as pre-pack administrations, lack of due diligence by creditors, disputes and absconding debtors, some businesses were struggling with their bad debt and Gareth felt that this problem needed to be addressed urgently.
Gareth’s first venture was setting up Financial Solutions South in 2007 which specialised in commercial debt recovery and, even though this business really took off, he wanted to develop a system which gave business owners access to the very best in credit control software without having to employ a debt management firm. By working side by side with CCS LTD, who had developed the collection software Colsys, the innovative International Credit Enforcement Pro-Active Credit Control, or ICE PACC, was born in 2009 and, soon after its launch, it won the backing of Institute of Credit Management (ICM).
ICE PACC is an online credit management tool which has revolutionised the way businesses are able to manage cash flow and minimise bad debt. It's a simple but powerful online tool which gives businesses, from sole traders to corporate businesses, the power to manage each stage of the credit control process, from assessing a client or supplier's risk profile to successfully recovering bad debts. It also offers free pre-legal debt recovery which includes professional written reminders, legal documentation and agreement plans along with door-step collections (adhering to strict codes of conduct) recorded on video, for transparency where necessary, to ensure that the integrity of all businesses are upheld whilst helping with the recovery of bad debt.
The success rate of ICE PACC has rocketed in the last 3 years with 90% of debts being collected before legal action was pursued. This excellent performance, along with a fantastic working relationship, has seen ICE PACC become global with businesses as far as Dubai integrating ICE PACC as part of their standard operating procedure for credit control.
If you would like more information on the ICE PACC software system, contact 0118 324 0335 or visit http://www.credit-control-software.com/