Why is CLLA Certification Important for Your Agency?
Since 1975, CLLA’s Commercial Collection Agency Certification program demonstrates that certified agencies adhere to relevant regulations in the collection of commercial debt; use generally accepted accounting practices – and adhere to standards to protect and safeguard their clients’ funds. This program is endorsed by the International Association of Commercial Collectors (IACC).
Certified agencies can use their rigorous application screening as a measure of excellence when presenting to the credit community. In both the NACM and CRF, CLLA certification has been the Cadillac of the industry for over 40 years. 90% of all RFP’s ask “are you certified by the CLLA and/or are you a member of the CLLA?”. They ask because it means something and to be pass the certified test demonstrates your agency is one of the elite. After 40 years, the CLLA Certification is proven, and has the backing of the Commercial Law League of America and the International Association of Commercial Collectors, offering you the things that matter most – Strength, Knowledge, and Trust.
Benefits of Certification
Accepted by Credit Grantors
The number one question you want to know: “Is the certification program accepted by credit grantors?” The certification program has been in existence for more than 40 years and is accepted by the credit granting industry – your customers.
A Fair, Objective, Cost-Effective Program
The CLLA/IACC Certification Committee and an independent third-party auditors, CliftonLarsonAllen, will review your application. If your agency meets the requirements, you will be certified and will be issued a Certificate of Compliance.
A Way to Differentiate Your Agency from its Competitive Peers
The program is fair and it is comprehensive. A comprehensive certification program is widely accepted by credit grantors; and, as a result, significantly sets your agency apart from its peers by showing your commitment to client and industry compliance requirements. Aligning your agency with a respected organization since 1895 provides additional credibility – at a time when the industry needs it most.
A Thorough, Respected Process
The goal of the CLLA Commercial Collection Agency Certification Program is to demonstrate that certified agencies adhere to relevant regulations in the collection of commercial debt, that the agency is using Generally Accepted Accounting Principles (GAAP) or other accepted accounting principles, and adheres to standards to protect and safeguard its clients’ funds.
The CLLA Program is endorsed by the IACC. To learn more, about IACC, visit their website.