Change in Rank
Many businesses search for effective means of transferring their portfolio of accounts to another business during the case of a merger or acquisition. Our analysis of portfolio sales companies involves an in-depth analysis of the processes set in place to handle a quick and efficient valuation process and to determine how to best acquire and handle the volume and diversity of the accounts which are being transferred.
Any type of business involved in the handling of payments and account information should take into consideration security precautions and best practices. It is important to ensure that all information being transmitted, transferred, and stored is being properly encrypted with only authorized parties having access. A lack of security protocols and processes can lead to disastrous consequences in case of intrusion.
It is important for a portfolio sales company to leverage various automation techniques and strategies in order to remove a part of the human interaction from the process. There are a number of different strategies which take into consideration factors that are often easy to account for including the number of accounts a merchant has, the age of the accounts, and the requirements for each account in customer service.
Companies which deal with account acquisition and portfolio acquisition should be accustomed to the challenges and difficulties faced with handling a volume of accounts and customer service inquiries. During our analysis we investigate whether the vendors we recommend are fully capable of handling an increase in volume based on their historical growth and the current performance of their entire portfolio of accounts.
It is important for a vendor to be quick to respond to inquiries while ensuring that there are processes in place to handle outliers. Our analysis of portfolio sales companies also involves ensuring that all inquiries are met in a timely manner with issues being resolved and accounts being handled quickly and accurately to both satisfy the expectations of all parties involved and to do so with as minimal of a time investment as possible.
Best Portfolio Sales Companies in our list have been rated 5 out of 5 by more than 380 reviewers and customers. To learn more, view the client testimonials in our vendor profiles.