Canadian Collection Partner Reaches Next Plateau

In this U.S. election year, one of the hottest topics of debate is the issue of offshore outsourcing. There is at least one company north of the border that feels it is prepared to thrive through it all. They?re calling it ?Next Door Partnering?, a concept that may offer a happy medium for both sides of the argument.

A hands-on ownership philosophy has driven A.R.C. Accounts Recovery Corporation since the company?s inception in Canada in 1988. As part of the A.R.C. Group of Companies, their American entity, A.R.C. Accounts Recovery (U.S.A.) LLC has obtained full U.S. licensing in order to attract business from American Retail and Financial Institutions.

Between the Canadian and U.S. Divisions, A.R.C. has seven company owned offices from coast to coast along the 49th parallel. In addition, the company recently purchased a 30,000 square-foot International Headquarters facility.

According to Dave McMillan, Director of Business Development, ?The fact that there are some North American companies dealing with distant countries like India does not intimidate us, especially when some cracks are starting to appear. In fact, we see ourselves as an attractive alternative here in Canada. We believe our timing is ideal in offering a full range of Accounts Receivable Management services to our strongest official trading partner?.

Canada and the United States, by way of the North American Free Trade Agreement (NAFTA), already have the largest international economic partnership in the world, with over $1.3 billion in combined cross border trading every day.

McMillan cites several reasons for U.S. creditors to consider dealing with a Canadian partner. One is the lower costs associated with Canada?s consistently weaker dollar (25 to 40% less than its American counterpart for over thirty continuous years). ?Also, salaries in our industry are lower here, we have a highly educated workforce and, we?re accent neutral. Most importantly, however, is our ability to deliver quality service and results to our clients.?

A.R.C. just concluded two contracts in the USA; one of them with an American bank. Perhaps the timing is right. Perhaps Canada is the happy medium many are looking for.