Coface Collections Endorsed by Printing Industry Association of the South

The Printing Industry Association of the South (PIAS) announced Monday that it has endorsed the services of Coface Collections North America, Inc. (CCNA), a national and international commercial credit management and debt collection firm, as part of its Cost Reduction Program offered to members.  Under the endorsed program, PIAS members are offered discounted rates on collection services and credit information.

“We are committed to being a valued resource for PIAS members,” said Tom Brenan, CCNA President. “Because of our experience in the industry, our specialized collectors are familiar with all the players and can provide insight on problem debtors across the market.”

Coface Collections North America, Inc. is part of the Coface Group of companies and a world leader in trade risk management, serving over 100,000 customers throughout the United States and in over 90 countries.

For over 60 years, Coface has helped companies manage and protect their account receivables. As a provider of commercial collection services, CCNA has a proven track record, a commitment to customer service, and the ability to take advantage of the advances and changes happening in the collections industry. The combination of CCNA’s recovery expertise and Coface’s global resources ensures its ability to satisfy all the domestic and international collection needs of ISA members.

Coface Collections North America, Inc. is headquartered in Metairie, Louisiana, with branch offices in Colorado, Washington and New Jersey.

“Our aim is to work closely with PIAS members to help them reduce bad debt losses,” said Candace Dell, CCNA’s Association Partnership Director.  “Over 80% of our clients would recommend our services to another company. I believe this shows our strong commitment to client service and results.”

Coface‘s mission is to facilitate global business-to-business trade by offering its 135,000 customers solutions to fully or partly outsource trade relationship management and to finance and protect their receivables: credit insurance, factoring, business information and receivables management. Due to the worldwide local service delivered by 6,600 staff in 65 countries, over 45% of the world’s 500 largest corporate groups are already customers of Coface. Coface is a subsidiary of Natixis whose share capital (Tier 1) was 16.8 billion Euros at the end of December 2010.