Flat Fee Collection Service Benefits
Collect Aging Accounts Receivables Faster
- Submitting accounts as soon as they become past due means you will recover monies faster than waiting for 60, 90 or 120 days to involve a commercial collection agency.
- Quicker recovery will improve cash flow.
Control Your Cash Flow
- Your customers will send payments directly to you, even after we become involved in the bad debt collections process.
- There is no need for you to wait while we process the check, deduct our fee and then finally forward payment on to you; further adding to your DSO.
- You stay in control of your cash.
Pay Less For Debt Collections
- Benefit from our technology and process efficiencies…pay a small fixed fee per cannabis collection account versus the average 25% contingent collection fee charged by most commercial collection agencies
Reduce Internal Costs
- Engage CannaForm early in the collection process and reserve your staff’s time for more value-added activities.
- With our low fixed fee cannabis collection rate, you will spend less money collecting past due accounts than if you paid your staff to perform similar collection activities.
- Not only can we perform these services for less, but we are also more effective!
Keep In Touch With Your Customers
- Even after your account is submitted to us for collections, you will remain the point-of-contact for your customer.
- This enables you to better manage customer relations and delicate situations with your important customers.
Make Commercial Debt Collections Efficient
- Our flat fee collection service is an extension of your cannabis A/R process.
- It is a seamless transition that helps you to get paid faster, with minimal effort, and at an affordable price.
- If collections are handled on a timely basis, you will be able to predict cash flow more accurately and easily.
Cannabis financial strategy
Covering all areas of the medicinal and adult-use cannabis industry
Cultivation
CannaForm is here to assist with indoor, outdoor, and everything in between.
Manufacturing
Edibles, extractions, and all of your manufacturing needs.
Retail
Whether it’s the first location in a new jurisdiction or a Type 9 delivery business in Oakland, we are here to help.
Distribution
Standalone distributor, microbusiness, or vertically-integrated international, CannaForm is at your side.