Licensing & Compliance
NCS is fully licensed and bonded across North America. Many states require a collection agency license, appropriate bonding, or a certificate of authority in order to attempt collection. NCS has in place the required licensing and bonding to operate and recover funds worldwide.
Licensing and Compliance are not only legal obligations but also integral to the ethical and professional operation of Debt Collection Agencies.. Compliance is not just a legal requirement; it's a fundamental element of responsible and effective Debt Collection.
IACC Membership
NCS Commercial Recovery LLC is an accredited Agency Member of the International Association of Commercial Collectors (IACC). The IACC is an international trade association comprised of commercial accounts receivable management professionals located throughout the World. Agency Members of the IACC must pass and maintain rigorous and stringent industry standards surrounding Code of Ethics, Professionalism, Experienced Ownership, Licensing, Bonding, and Insurance.
Data Security
In a competitive market, strong data security practices set us apart from other debt collection agencies.
Data security plays an integral role at NCS Companies whether Physical, Network, or Data. Security isn’t only about protecting our network from outside threats; it’s about protection from all threats. Businesses are increasingly concerned about the security of their data, and we are committed to demonstrating a commitment to data security.
Data security is a non-negotiable aspect of Accounts Receivable Management. It not only ensures compliance, maintains trust and reputation, minimizes risks, it can serve as a competitive advantage in the market. Prioritizing data security is not just a responsibility; it's imperative for success in Accounts Receivable Management.
To this end, NCS Companies is partnered with a SOC II Type II IT Provider. This classification was established by the American Institute of Certified Public Accountants (AICPA), building criteria and reporting principles for organizations to create a framework of policies and procedures. This not only documents how they manage and secure data in the cloud, but also ensures protection of customer privacy and provides internal communications oversight.