Debt Recovery

Credit and risk analysis

  • Analyzing debt books and evaluating risk.
  • Determining real value.
  • Tracing debtors and verifying debtors’ information electronically.
Debt Books

Debt Book Buying

  • Offer to purchase debt books after analysis and evaluation.
  • Securitization of debtors’ books.
Accelerated Programme

Accelerated Recovery Programme

  • This happens when the service provider offers the municipality cash upfront as a percentage of the total debtors book and retain the debtors book for recovery on an exclusive basis for a pre-determined period.
  • The municipality remains the principal and owner of the debtors’ book while the service provider retains exclusivity for recovery.
  • The municipality and the service provider shall share in the upside (after initial capital paid upfront to the municipality and interest is liquidated) in pre-agreed proportion until the end of the contract.
Our values

We believe in the P.R.I.D.E principle

  • People – Recruit, develop and retain appropriate human resources.
  • Respect – The needs and objectives of our stakeholders will never be compromised.
  • Integrity – Maintain ethical and professional standards in the provision of our services.
  • Development – Our people, systems and solutions to maintain a competitive edge.
  • Excellence – Maintain the highest standards and to ensure long-term relationships, growth and stability.
Industry compliance

Compliance precedes reliance

NICS is a member of the Association of Debt Recovery Agents (ADRA) of which our Chairman (Baker Maseko) sat on the board for a period of 10 years. He currently sits on the board of the Council for Debt Collectors (CDC).

STATUTORY & LEGISLATIVE

The company’s Executives are well conversant with the prescripts of the Debt Collectors Act (Act 114 of 1998). The company has, through ADRA, trained managers and staff on the Regulations and Code of Conduct as provided for in the Act.

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Who we are

Technology and Team

An experienced management

Our management team carries a combined 60 years of expertise in the revenue management and debt recovery field.

Over 150 Staff Members

With over a 150 experienced consultants, we can sure help any business manage their revenue and recover their debt.

Robust Call Centre

We boast a 300-seater Call Centre in Pretoria, supported by numerous satellite offices across the country.

Debt-collection Software

We utilise state-of-the-art software, that is both auditable and flexible enough to cater for any organisation.

Electronic Solutions

Recovering your credit is made easier with our bulk-messaging system. From E-mail, MMS, SMS to USSD, we're always reaching out.

High-volume Printers

We use 8 printing machines and Postal and Franking machines, allowing us to dispatch over 30,000 letters a day.

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