processors needed - REO Property Preservation Forum
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post #1 of 25 (permalink) Old 11-08-2016, 06:56 PM Thread Starter
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Thumbs up processors needed

can anyone recommend someone to process mcs for me and my crews rather pay a percentage but will look at all offers need help
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post #2 of 25 (permalink) Old 11-09-2016, 12:20 PM Thread Starter
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really no help

noone can help a fella vendor out i thought i would atleast get a responce
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post #3 of 25 (permalink) Old 11-10-2016, 03:49 AM
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I wouldn't be comfortable handing over the responsibility of my invoices to anyone even outside of our coverage areas let alone the overseas outfits that show up here to spam.
When our business have overtaken our ability to process and invoice we just hire local.
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post #4 of 25 (permalink) Old 11-15-2016, 09:06 PM Thread Starter
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local

if i could find local be great havin no luck thx
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post #5 of 25 (permalink) Old 01-16-2017, 08:46 AM
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OP I will private message you about what ive done with processing. I''ve tried hiring my own processors and direct out-sourcing. They either cost too much money, had too many errors, or I didn't like that I had to manage the other person all the time. I went with an out-sourcing company from a guy a met at one of the conventions. He opened up a company and was directly involved with my account when we started.

He was just starting out so i'm sure that's why he made sure I was happy. I had to do some work for the first couple of weeks when I first made my decision. but its pretty much autonomous now. You just got to remember that it's not 100 percent. I'd say it was closer to 95% error free the first month and closer to 99% now.
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post #6 of 25 (permalink) Old 01-16-2017, 09:13 AM
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I wouldn't be comfortable handing over the responsibility of my invoices to anyone even outside of our coverage areas let alone the overseas outfits that show up here to spam.
When our business have overtaken our ability to process and invoice we just hire local.
I'm going the have to slightly disagree with you as I have my setup differently as of last year. The cost of hiring, firing, training and management over 10 staff members became a headache for me. When it was under 10 employees it was manageable and felt like a family. Once my company got larger it became a pain as the turn-over started happening with the ups and downs of the business. Partially my fault for over hiring.

At my peak I was at 25 employees and was breaking even (0 profit) for about 6 months and realized that I needed to do something about it. I realized that I needed to do something about it at 10 employees. I tried third parties and O-desk but wasted so much time training people over and over again. I tried paying them per process order and that didn't work. I tried several out-sourcing companies just to see if they were effective. All the ones I tried were effective but the cost of some of these companies was just as much as housing an employee in my office. From there I just had to find the right company. I can tell you non of the less expensive companies are in India, Pakistan or Bangladesh!

I did my due diligence and operate my same company of the once 25 employees of now 5 key members of my team in a much smaller and cheaper office. I now have a smaller office and a tight group of people in my office in which I can pay them all more money then before. This of course makes them happy as they mainly look for more customers and deal less with processing and data entry work.
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post #7 of 25 (permalink) Old 01-16-2017, 10:41 AM
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Originally Posted by avn128 View Post
I'm going the have to slightly disagree with you as I have my setup differently as of last year. The cost of hiring, firing, training and management over 10 staff members became a headache for me. When it was under 10 employees it was manageable and felt like a family. Once my company got larger it became a pain as the turn-over started happening with the ups and downs of the business. Partially my fault for over hiring.

At my peak I was at 25 employees and was breaking even (0 profit) for about 6 months and realized that I needed to do something about it. I realized that I needed to do something about it at 10 employees. I tried third parties and O-desk but wasted so much time training people over and over again. I tried paying them per process order and that didn't work. I tried several out-sourcing companies just to see if they were effective. All the ones I tried were effective but the cost of some of these companies was just as much as housing an employee in my office. From there I just had to find the right company. I can tell you non of the less expensive companies are in India, Pakistan or Bangladesh!

I did my due diligence and operate my same company of the once 25 employees of now 5 key members of my team in a much smaller and cheaper office. I now have a smaller office and a tight group of people in my office in which I can pay them all more money then before. This of course makes them happy as they mainly look for more customers and deal less with processing and data entry work.
If you just had better clients you wouldn't need all the processing.
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post #8 of 25 (permalink) Old 01-17-2017, 04:19 AM
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If you just had better clients you wouldn't need all the processing.
I need all the processing because I do a lot of work. I personally wouldn't ever dream of doing any of the processing myself or in house now.
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post #9 of 25 (permalink) Old 01-17-2017, 09:24 AM
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I need all the processing because I do a lot of work. I personally wouldn't ever dream of doing any of the processing myself or in house now.
Are you doing that work for nationals? That definitely requires multiple processors.

The way our clients work now if we are there to tarp a roof, we tarp the roof and those are the only pics we provide. We send an invoice along with the pics in an email.

There is very little processing needed.
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post #10 of 25 (permalink) Old 01-17-2017, 11:36 AM
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...if we are there to tarp a roof, we tarp the roof and those are the only pics we provide. We send an invoice along with the pics in an email.
No comparison in processing time, liabilty and for typically more money.
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