Plans and Prices
Flat Fee Options (No Recovery Fees charged on amounts collected- all recovered funds are sent directly to your offices):
1 Month.......... $250.00
Quarterly......... $700.00
6 Months......... $1200.00
**Yearly........... $1995.00
*Yearly Flat Fee option includes a volume based guarantee: Schel Management will collect a minimum of 10 times the cost of our Flat Fee within 12 months of payment. If Schel does not meet it's guarantee to recover ten times the paid flat fee, solely through our receivable support services by the end of the one year term, full privileges will continue until that target is reached. Renewal will be assessed based on volume.
Please Note: Each debtor submitted is subject to a one-time $10 administrative fee that covers that debtor for the life of the file, regardless of how many letters are sent or how much is collected. Schel takes care of all postage and handling fees.
Does not include GST
Comparison chart of Schel Management to other "Traditional" Collection Agencies:
| Feature | Traditional Collection Agency | Schel Management Flat Fee Option |
|---|---|---|
| Cost to client if payment is achieved without legal action. | 30-50% | No recovery fees are charged to our Flat Fee clients on any funds recovered through our collection efforts. Your membership fee and a small administrative fee are all you will pay. |
| Risk of Alienation of Customer/Loss of Goodwill | High | Because of consistent, courteous and early communication, debtor complaints are rare. We have, on several occasions, been told that our service immediately results in re-orders, as the customer account becomes current. |
| Efforts to retain customer | Not a priority | Schel’s system is based on early contact with clients, before collection problems occur. Our involvement with your accounts allows a non-confrontational approach that still garners attention, while allowing you to maintain a positive tone with your client. |
| Ability to identify problem accounts at an early stage | Not Applicable | Early detection of problem accounts is key to the success of the Schel Management system |
| Coordination with Litigation | Variable | Seamless. Schel offers our clients a one-stop, full service support system for your accounts- we can assist our clients at every stage of the accounts receivable collection process. |

