very business no matter what industry type, works on the basic principle of supply of goods or services to a customer in exchange of payment in some form. While customers maybe individuals or other businesses with which a company may have entered into an agreement, unfulfilled or delayed payments can jeopardize the very existence of a company by impacting cash flow. Headquartered in Mumbai, Gryphon Business is a B2B debtcollection service provider that offers advisory and Collection services to clients in India and Abroad.
Set up in 2015, Gryphon Business Services was established with a vision to provide a viable, amicable alternative to standard Debt & Overdue account collection practices. The unique range of services offered by Gryphon Business Services includes Tracing and verifying the current solvency status of the Debtor, Understanding and identifying key issues, Facilitating face to face negotiations or mediations, Establishing common grounds to encourage settlement of the dispute and Promoting an amicable resolution wherever possible and ensuring client retention. Our Debt Collection Services (DCS) allow customers to recover overdue accounts, unpaid invoices, and other business debts, from debtors located anywhere in India and abroad. Our aim is to facilitate an early amicable resolution to payment disputes and expedite recovery of overdue payments. Our services are typically 100 percent success based and provided at competitive rates, basis the nature and age of the debt. We aim to facilitate an early resolution to payment disputes and expedite recovery of overdue accounts,” says Ashish Jacob, Founder, Gryphon Business Services.
With a collective experience of over 40 years in various aspects of Credit Risk Management, Gryphon’s team offers customers a unique edge in their debt recovery and overdue account collection efforts. “We operate through a network of partners at key locations internationally to effectively recover outstanding payments through constant follow-ups with Customers with the objective of amicably settling claims. Where amicable recovery is deemed not feasible, we also offer practical legal remedies for quick resolution,”added Ashish.
With a collective experience of over 40 years in various aspects of Credit Risk Management, Gryphon’s team offers its customers a unique edge in their debt recovery and overdue account collection efforts
Gryphon does n’t restrict itself only to one vertical or industry; it has clients across varied industriessuch as textile manufacturing, publishing, consumer goods, insurance companies, exporters and many more, both in India and abroad.“We work closely with our clients and collaborate on every stage of the recovery process. We give them the comfort and we give them the choice on how to progress ahead as the objective always for us to have an amicable resolution. And I think that is one of the factors that has helped us to make a connection with the clients as well and it has been a contributing factor our high success rate as well,” pinpoints Ashish.
The major factor that has contributed to the growth of the firm is its team’s prolong hard work and determination to serve the clients in a better way. “As soon as we take any case in our hand we advice the clients regarding their actual possibility of recovering a particular debt. Once we explain the client about their current possibility we elucidate the strategy that we are going to use for the recovery of the debt. We use a different approach in different cases depending on the nature of the case,” concludes Ashish.