Debt Collection for Architects and Surveyors
Debt Collection for Architects and Surveyors
The Architectural and Construction industries are massive, with over 42,000 Architectural Practices operating in the country. This industry contributes billions of pounds to the UK’s economy year-on-year.
As with most professions within the construction sector, there are many times that Architects and Surveyors will face the problem of not being paid for the work they have completed.
There are a plethora of reasons why somebody chooses not to pay or hasn’t paid an Architect for their services, including:
- Genuinely forgetting the payment date, hence why there has been no payment
- Payment disputes with the invoice, for example, a wrong figure or name/address
- The client may be experiencing financial difficulties resulting in them not being able to pay
Quite often, it is simply a matter of a client just not wanting to pay, which can create difficulties for the organisation’s cash flow.
Chasing unpaid invoices for architects’ fees can be a time consuming and frustrating exercise. In addition, it will quite often impact on more pending and pressing workloads. Value-based tasks, such as growing your business, should always be prioritised over wasting time chasing invoices.
There are also no guarantees that chasing these invoices independently that there will be any result. Working with a Professional Commercial Debt Collection Agency will help minimise this and help Architects focus on what really matters.
In this article, our award-winning team of expert Debt Collectors have put together guidance on what to do if you are owed money as an Architect or Surveyor. We have extensive and demonstrated industry experience collecting debts across the globe for the Architectural and Construction industry.
Debt Collection for Architects – Scenarios
When it comes to projects that include many different types of tradesmen, these can often be delayed by disputes along the way. These usually affect those that have little to do with the dispute the most, such as Architects, Surveyors and Structural Engineers.
It is vital that all of those who are affected are paid for the services that they have carried out.
Architects and surveyors are often way down the list of who gets paid but this does not have to be the case. Whether it is unpaid survey fees or ignored invoices for structural plans, a proactive approach can ensure you get paid.
If you are experiencing the aforementioned problems, you may be thinking of the serious concerns and difficulties this can add to your livelihood due to the non-payment.
Do you find you are asking yourself “there’s nothing I can do apart from taking them to court, is there?” Do not worry as this is not the case!
There is a far more ethical, cost-effective and hassle-free method to collecting your debt. This comes in the form of a professional, pragmatic and pro-active Debt Collection Agency which has experience resolving debts owed for Architectural and Surveying services.
This is where our award-winning team at Federal Management can come into play, assisting with all your collection requirements.
Fewer Bridges Burned
Instructing a Commercial Debt Collection Agency to pursue your owed money will indicate to your debtor that you are serious about being paid. The ways in which they carry out their services allows this to be done in a way that won’t necessarily burn bridges or jeopardise business relationships.
You can choose to employ a debt collection firm with particular expertise in your industry, which means they will have intimate knowledge of how your business field works and how best to proceed to achieve the best possible outcome for you.
The industry knowledge that an experienced Debt Collection agency has is second-to-none and will help to expedite the whole recovery process.
An Extension of your Business
When seeking to instruct the services of a Debt Collection Agency, you will want to do your research and consider all factors. These are essentially going to act as an extension of your brand or business, so it is good to consider the results and cost factors.
Whether it is unpaid survey fees or building plans not paid for, we have the experience to deal with it. Over our long history, many architectural firms have benefited from having unpaid fees dealt with efficiently and effectively.
Over the last decade, the Debt Collection Industry has overgone a large image overhaul, with the stigma attached to Debt Collection Agencies being no longer accurate. Modern agencies operate in a professional, firm but fair manner.
Debt Collection Agencies will only ever represent you and your company in a professional manner, ensuring to never do anything to bring you or your business any disrepute.
It is important to choose the RIGHT collection agency when it comes to unpaid fees, and if you choose the option, you can say goodbye those sleepless nights associated with cash flow problems. Using one of these is the only way to ensure a time and cost-effective route when it comes to the recovery of your money.
The litigation or court route is often extremely expensive on both time and money and is never guaranteed to produce any form of result. A Debt Collection service that is professional and ethical will not harm your brand.
It is an important fact to remember that no surveyor or architect has ever lost a customer simply because they requested payment for a job done in good faith.
Expert and Professional Solution
Regardless of whether it is unpaid survey fees, unpaid architects’ fees or unpaid planning fees, Federal Management have the solution to ensure your Business gets paid in a swift and cost-effective fashion. Unpaid architecture fees can be the downfall of any architect so it pays to act.
We have provided expertise to the Architectural and Construction sector for many years, providing the industry-leading results when it comes to the recovery of debts.
Some of the benefits of choosing our award-winning services are:
- UK’s Lowest Commission Rates from 6%
- Up To 90% Recovery Rate on Undisputed Debts
- Commercial Legal Team to Deal With Disputes & Mediation
- High Court Enforcement & Field Collection Officers
- No Collection Means No Collection Cost To Pay!
- We Provide A Free and Frank Pre-Action Risk
- Award-Winning Debt Collection Agency
- Approved and Authorised By The Financial Conduct Authority (FCA)
If you have experienced any of the aforementioned scenarios, it pays to speak to the Debt Collection Experts. Get in contact with our New Business team today on 0333 043 4420.