Sethwala Foods Limited, a leading player in the food industry, faced significant challenges with 36 overdue accounts amounting to Rs. 56 Lakhs. Many of these accounts had been outstanding for over 3.5 years, presenting a formidable challenge in debt recovery.
The accounts had been outstanding for a considerable period, and many debtors were unresponsive, making the recovery process complex. The objective was to recover as much of the outstanding amount as possible while maintaining healthy client relationship.
Our comprehensive and ethical strategy successfully recovered Rs. 19 Lakhs from 19 accounts, achieving a success rate of 35%. This outcome underscores Taurus Collection’s dedication and expertise in managing complex recovery scenarios within the food industry while maintaining high ethical standards. Throughout the process, Sethwala Foods Limited received real-time updates via our portal and app, ensuring transparency and keeping them informed of all recovery actions.
By employing a combination of legal actions, consistent and respectful communication, and strategic field visits, Taurus Collection effectively assisted Sethwala Foods Limited in recovering a significant portion of their overdue amounts. Our 30 years of experience in debt recovery and commitment to a “No Collection, No Fee” approach ensured that our client achieved results without incurring upfront costs. The transparency of our actions, accessible to both debtors and clients through our portal and Taurus App, reaffirms our reputation as a trusted and ethical partner in debt recovery solutions.
Taurus Collection is a B2B & B2C collection agency that goes beyond the ordinary. With a commitment to excellence, we offer a ‘No Collection, No Fee’ service that is backed by our in-house advocates with an exceptionally high success rate.
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