Posted by : Tom Doyle in (Internet & Computers, Web Design) 16th Jan, 2007
Debt collection website goes live
It must be the biggest timewaster for most Irish companies. Trying to get paid by Irish businesses is an absolute nightmare.
For the last couple of months, we’ve been working closely with a solicitors firm in dublin who have set up an online demand letter service that allows you to create a solicitors letter online for only €25.
I expect this to be a huge success, however, the solicitors firm are taking a “let’s wait and see approach”. This means that the site isn’t developed in my opinion to it’s full potential. It’s biggest downfall is the payment options - paypal or cheque. Another slight downfall is the lack of a control panel to allow you to make more than one demand letter. I know we all hate the thoughts of having to do more than one demand letter, but from my experience, I’m always chasing money.
Once they see the site becoming even a little successful, this will all change, I’m sure of that. So let’s hope it doesn’t take too long - please start using it! www.debtcollection.ie
[...] I heard Eirepreneur that Tom Doyle of 2bscene has released a new service with Paul W. Tracey solicitors in Dublin. Debtcollection.ie is a online demand letter service that allows you to create a solicitors letter online for only €25. [...]
It’s near and dear to every small company in Ireland. But as reported elsewhere this is likely to end the business relationship. I would recommend that you soften the approach to a “Collections service” and push the legal folk into the background (far far into the background).
I am also told that ecourt is coming allowing small claims to be settled online also so that may make this approach redundant (but still, nonetheless, very useful)
Collection services are already being done by people like Sentenial and I know others are planning to enter this space. If this were being done by an accountancy practice then I think it would work. Many people wouild love to outsource their collections to an accountancy practice but they lack the tools to do so. They are notoriously slow to engage with online tools albeit (with some notable exceptions)
A dunning letter from an accounting firm to your customer would have a good “thrid party” effect without the terminal effect of engaging legals. It is cost prohibitive for the accountants since they do not have the tools -at the moment- or haven’t bothered to try.
This will be a great service especially for service/consulting engagements which lack the obvious advantages that licence keys/online accounts etc can have on collections. Well done!