SOURCE: Vengroff, Williams and Associates

Vengroff, Williams and Associates

April 27, 2010 11:13 ET

VWA and American Moving & Storage Association Join Forces to Offer Accounts Receivables Services to Nationwide Membership

Partnership Allows VWA to Provide Third-Party Collection Services to Streamline AMSA's Membership's Revenue Cycle and Minimize Commercial and Retail Bad Debt

LOS ANGELES, CA and ALEXANDRIA, VA--(Marketwire - April 27, 2010) -  Vengroff, Williams and Associates (VWA), Inc., the global domain leader for Order to Cash Business Process Outsourcing, today announced a strategic partnership with the American Moving & Storage Association (AMSA) that enables VWA, as the association's exclusive partner, to provide third-party collection services at a reduced rate to AMSA members nationwide. As an AMSA preferred provider, VWA has a number of options available to AMSA members seeking collections services for delinquent and past due accounts in both commercial and consumer lines of business. 

Specializing in delivering custom-tailored solutions, VWA's process-driven staff of highly-skilled collection specialists ensures AMSA's membership will receive the best use of proprietary technology and comprehensive follow-up of third party accounts, thus increasing the participating member's organization efficiency by providing the resources necessary to improve working capital.

A global provider of finance and accounting outsource solutions, VWA's leadership in technology, program development and customer service provides the driving force behind the 46-year old firm's success. VWA's success in third party collections is based on its highly-acclaimed ability to effectively define collection strategies, assets and to utilize trade data. The company's expert teams of collection specialists are fully trained to consistently provide AMSA's members with optimal returns. 

As a designated 'preferred provider' to AMSA's member, VWA will be providing the following services:

  • Recovery of past due collection items
  • Skip-tracing
  • Payment negotiation and payment plan monitoring
  • Web Service access
  • Credit Reporting
  • Litigation Services

"VWA is offering services that will prove attractive to member companies," according to AMSA president and CEO Linda Bauer Darr. "In a down economy, our members are looking for every possible resource to reduce operational costs and increase cash flow. We're pleased to partner with VWA to assist be able to provide services which will ensure the improvement of our membership's bottom-line."

"We are honored AMSA has chosen to trust us in supporting its members' needs and we look forward to a long-standing relationship. As a designated partner, we will improve the quality of customer care, streamline credit risk management processes, provide A/R specific training and bring account-related activities online," said VWA executive management. "By making our solutions and industry knowledge available to AMSA's members, we can improve financial processes, increase customer service levels, improve control of cash flow and deliver better operating results."

About AMSA 

The American Moving & Storage Association, headquartered in Alexandria, Va., is the trade association representing the nation's moving and storage companies, which provide household goods moving services, specialized transportation for sensitive freight such as computers and trade show exhibits, and warehouse storage services. The association has 3,200 members, including more than 200 international members, and sponsors programs and activities that promote consumer protection, professional development, safety, and operational efficiency.

About Vengroff, Williams and Associates

VWA is the global domain provider of order to cash business process outsourcing for optimizing working capital. We provide a full range of solutions and technologies which allow clients to achieve substantial financial and operational benefits that enable operational efficiency which significantly influences the outcome of their businesses. 

Founded in 1963, with over $23 billion dollars under management and 3,000 global customers, VWA strategically designs Order to Cash BPO solutions with an emphasis on technology innovation and partnership to drive ROI across the entire order to cash cycle, maximizing working capital. 

With extensive industry expertise in Order to Cash outsourcing, VWA provides a broad and evolving spectrum of service offerings including O2C, starting with credit, revenue cycle management, Deduction Management, Dispute Management, 3rd party collections, Subrogation, Credit Risk Mitigation Services and A/R technology solutions. 

To learn more about Vengroff, Williams and Associates, please visit www.vwainc.com or telephone (866) 393-4892.

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