Newvest Recoveries Sdn. Bhd. (Newvest Recoveries) was established to provide a comprehensive “Total Receivables Management” solution over a broad spectrum of key industries. Recognizing the ever increasing debt problem faced by a majority of businesses in various fields of industry, Newvest Recoveries understood the importance and need to provide a one stop solution in this area of collections.

Receivables will continue to increase in enthusiastic and rapidly growing economies, and is not an indication of failing capitalistic machinery or cause for undue alarm or panic. With proper risk management techniques and processes steadily in place, receivables can be only expected to increase and is a clear sign of growth. However the management of such receivables is critical to any organization irrespective of the organization’s size or position.

Without prudent and proactive receivables management processes in place organizations will lose valuable control of liquidity and inadvertently limit business expansion opportunities which may arise. Managing these receivables internally, especially in high volume based industries, may not be cost effective. Organizations can utilize their resources more efficiently by focusing or their core competencies - to develop, monitor and grow the business rather than expending time and costs on back-room operations such as receivables management.

Through Business Process Outsourcing (BPO) companies can outsource their receivables to specialists and experts like Newvest Recoveries. Valuable time and costs are saved by this outsourcing process while Newvest Recoveries manages the recoveries, mediates possible disputes, provides system based reports and statistics and engages with periodic personalized performance review meetings with clients.