Darcey Quigley & Co Launches DQ Collect: A Smarter Way to Manage Debt Recovery
UK Businesses can now sync their Xero or QuickBooks account to DQ Collect and send overdue invoices for collection to Darcey Quigley & Co.
Darcey Quigley & Co, a leading pre-litigation commercial debt recovery company, has today announced the launch of DQ Collect, a new platform that allows businesses to connect their accounting ledger and action overdue invoices for professional recovery in a matter of seconds.
By connecting their Xero or QuickBooks account to DQ Collect, users can automatically pull through outstanding invoices and view them all in one place, making it easier to identify and take action on overdue accounts.
From there, users can instantly identify which invoices have become overdue and refer them for no win, no fee recovery, without the need to rekey figures, gather supporting documentation or prepare an email submission.
The launch responds to a problem that continues to weigh heavily on the UK business community.
Late payment remains one of the most persistent threats to cash flow and, in the most serious cases, to business survival itself, and yet the practical barriers to acting on an overdue account often mean that businesses delay far longer than they should.
Every week that passes reduces the likelihood of successful recovery, and the administrative effort involved in escalating a debt is frequently the very thing that causes that delay.
By taking the invoice data straight from the ledger, DQ Collect removes that effort almost entirely.
Finance teams, credit controllers and business owners no longer need to decide whether a debt is worth the paperwork involved in escalating it, because the paperwork has already been done for them.
The decision becomes a commercial one rather than an administrative one, which is precisely how it should have been all along.
Support for both Xero and QuickBooks means that the large majority of small and medium sized businesses in the United Kingdom can connect the accounting platform they already rely on, without changing how they work day-to-day or asking their finance team to learn a new system.
Lynne Darcey Quigley, Chief Executive Officer at Darcey Quigley & Co, said:
“We have spent years listening to business owners and credit controllers describe the same frustration, which is that they know an invoice needs escalated but the effort involved in doing something about it keeps pushing it down the list.
DQ Collect exists to take that excuse away entirely. Connect your ledger once and every overdue invoice you have is sitting there in front of you, ready to be actioned the moment you decide it needs to be.
The faster a case reaches our recoveries team, the better the outcome tends to be, and this platform is designed to compress that timeline as far as it will go.”
Once a case has been actioned through DQ Collect, it is passed directly to the Darcey Quigley & Co recoveries team, who take responsibility for pursuing payment on the client’s behalf while protecting the underlying commercial relationship wherever possible.
Clients retain full visibility of progress throughout, and the approach remains the same commercially minded, relationship aware one that the company has applied to recovery work since it was founded.
DQ Collect is available now, giving businesses a simpler, more efficient way to identify overdue accounts and move eligible debts into recovery, without the usual administrative burden.
For more information about DQ Collect and how it can simplify the debt recovery process,visit the DQ Collect website. For the latest news, insights and information from Darcey Quigley & Co, follow the company on LinkedIn!
