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Press Release: ThriveCFO launches debt recovery service

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ThriveCFO is proud to announce that they are the first SA Based Accounting Firm that launches its very own, fully integrated debt management and collection service – Ultradebt (Pty) Ltd

Having spent the last 6+ years in the corporate world and implementing different debt collecting methods & processes for these organizations, it was evident that there was a big void for similar services in the SME space.

 

“By implementing different debt collecting methods in a corporate environment, it only made sense to adopt the same methods for our clients in ThriveCFO, as cash-flow is the most important part of every business, big or small.”

Wian Jonck
Managing Director – Ultradebt (Pty) Ltd

 

The Missing Link

 

Spending loads of time with their clients each month, forecasting and managing cash flow, the ThriveCFO team always had the sense that there was a missing link in order to really take their service full circle. Turns out that clients valued the transparency with which they help their clients forecast and plan for cash in advance, but if the customers never ended up paying, this was only an academic exercise.

Already having access to real-time data in the accounting software – the ThriveCFO team swears by Xero – they were perfectly poised to close the loop on the debtor’s management process, all the way from invoicing to collection.

 

Proactive vs Reactive

 

The ThriveCFO team has always considered themselves prudent in ensuring all their clients have a sufficiently proactive view of their cash requirements, well in advance. They now have the opportunity to also assist their clients in dealing with the reactive, cash collection process. Having immediate access to the accounts results in slow payers being identified well in advance and monitored, till they have settled their accounts. In the event that payments default, the Thrive team can immediately kick off the necessary collection procedures.

 

No brainer

 

With the policy of no successful collection, no fee, clients are afforded to steer clear of any upfront legal or consulting fees. The team at ThriveCFO are well connected to their peers and regularly assists clients from other accounting firms. So it really does seem like they have a no-brainer here.

 

To find out more or to schedule a consultation, simply visit their website https://www.ultradebt.co.za

 

 

 

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Thrive CFO
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Martin Mulder
Martin Mulder
12:36 17 Aug 23
I have only the greatest appreciation for this company. I was going through a difficult time and they were understanding and accommodating. My tax was handled speedily and efficiently.
Kevin Rademeyer
Kevin Rademeyer
07:20 17 Aug 23
We have been using Melissa, Marche and the rest of the crew at ThriveCFO for over 10 years, in order to compile our annual audit for Law Society. They have been exceptional, efficient and pro-active every year. I would not take the business anywhere else.
Jan de Wit
Jan de Wit
13:13 13 Jun 23
Our firm has been making use of the services of Thrive CFO for more than 10 years. Thrive CFO has amazing staff that is not only extremely helpful, but also very capable. We are extremely happy with their services and will continue to support them. They make accounting easy. Thanks Melissa, Marche and the rest of the Team - You Rock!!
LM Keyser
LM Keyser
07:13 13 Jun 23
The ThriveCFO team has been our trusted accounting and tax partner since 2010. They are competent, honest, approachable, quick to respond, and they really do care. I highly recommend them.
Andre Claassen
Andre Claassen
10:24 08 Jun 23
Prompt, professional and personal service!!
Palabadi Ramaphoko
Palabadi Ramaphoko
19:38 15 May 23
I'm impressed with the work you do. You are extremely professional and polite. I hope we will grow big together!
Deidre Oosthuysen
Deidre Oosthuysen
12:20 04 May 23
I feel as though Thrive CFO is a natural part of our business. 100% professional. Very knowledgeable. Incredibly organised. And with a work ethic and proactive communication practices, I know I am in the very best hands possible.
Sean Fabian
Sean Fabian
07:45 04 May 23
As someone who has had the pleasure of working with Thrive CFO, I can confidently say that they are an exceptional company with an unwavering dedication to their clients. From beginning to end, their commitment to providing top-tier financial services is evident in every interaction.One of the things that sets Thrive CFO apart is their focus on education. They take the time to educate their clients on financial best practices and help them understand the reasoning behind their recommendations. This approach ensures that clients are empowered to make informed decisions about their finances.Thrive CFO also uses the latest technology to streamline their services and make the financial management process as efficient as possible. They utilize cloud-based software to provide real-time financial data and make it easy for clients to access their financial information at any time.Overall, Thrive CFO is an exceptional company that is dedicated to providing personalised financial solutions that help their clients succeed. If you're looking for a financial firm that truly cares about your success, I highly recommend Thrive CFO.
Michael Dawson
Michael Dawson
15:48 02 May 23
Great experience with the team! Always willing to assist with questions and able to help guide my small business to ensure that I am compliant.
Riaan Schlebusch ITMC
Riaan Schlebusch ITMC
12:15 21 Apr 23
Professional, smart and friendly people.You only deal with the best of the best, and they know how to answer your questions, and they ensure that they understand you, and make they make sure to take the time to know your business.
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