Being a restoration business owner or franchisee isn’t easy, especially when it comes to getting paid what you deserve and keeping your business profitable. At One Claim Solution, we help restorers succeed. Our contractors send us their invoices and claim documentation, and then we handle invoice submission and follow-up, using our expertise to boost and speed up our contractors’ profits. Here are three things that you can expect when you work with us:
As a restoration contractor, it’s easy to feel pressure from carriers to continually lower your prices and settle for compensation that leaves you barely breaking even or with razor-thin profit margins. Improving your profitability isn’t as simple as raising your prices. You have to be willing to spend more time defending your invoices to adjusters on the phone. Justifying the extra-time cost when your hands are already full running a restoration business is hard. It’s no wonder that one-third of restoration professionals say that getting paid is their biggest challenge.
Partnering with One Claim Solution makes achieving healthy profit margins easier than ever for restorers. We help you strengthen your invoices and documentation. Then we handle the entire invoice submission and negotiation process. “We have the manpower on our end to go in and defend the work that they’re doing at the prices that they want to charge,” Connor Trahan, OCS Account Executive, explains. On average, our contractors see a 5-10% increase in collections, even after OCS’s fee.
Turning over collections to One Claim also speeds up payment times. Our team picks up the phone when adjusters call and answers their questions. This helps prevent the kind of payment delays that are so common in the restoration industry.
Playing phone tag with adjusters and spending hours on the phone arguing with them isn’t just annoying–it eats up your time. Having to take care of this behind-the-scenes managerial work prevents restorers from spending more time face-to-face with their customers and growing their businesses. Partnering with OCS makes managerial collections work a thing of the past for contractors. “They get time back in their day,” Elizabeth McGlone, OCS Demand Generation Manager, explains. For suggestions on how restorers can best use the time they get back, check out our recent blog post.
When contractors team up with OCS, they gain a partner who wants to see them succeed. Collaboration, transparency, and communication are words that come to mind for Connor when he describes what contractors new to OCS can expect out of the relationship. One Claim Solution works as an extension of your business, providing you with extra bandwidth and support. It also gives contractors access to a wealth of actionable knowledge, all the way from accounts receivable insight to carrier-specific negotiation tactics to legal protections. “That’s something that if they broke up with us tomorrow, they’d still have all that,” Elizabeth points out.
If you’re a contractor who is worn out from negotiating with adjusters and ready to explore your options, reach out to OCS to request a free consultation. “We’ll be very transparent in what we think we can do for you,” Connor says. You can also learn how partnering with OCS has helped fellow restoration businesses by checking out our case studies.