Invrecovery.org
Title
Investment Recovery Association
Contact
- InvestmentRecoveryAssociation, Inc.
-
- Kansas City MO
- United States 64111
-
- +1.9999999999
Description
Investment recovery is the practice of recouping the value of assets no longer needed by a company by identifying and reusing or disposing of surplus assets. Investment recovery professionals also locate usable surplus from outside sources. As experts in asset management, investment recovery professionals save their companies -- who are primarily Fortune 1,000 businesses -- millions of dollars each year. Following is an overview of investment recovery and examples of the bottom-line contributions it makes to American corporations.
According to member data collected by the Investment Recovery Association, investment recovery departments save their companies an average of $8 million a year; individual companies have saved as much as $150 million a year from the asset management services of investment recovery professionals.
According to Investment Recovery Association member data, 70 percent to 90 percent of every sales dollar generated by investment recovery goes straight to the bottom line as profit.
