What significant improvements can I expect from a complete modern debt management and control system?
Staff productivity doubles, or more, by reducing and eliminating labor-intensive tasks. Staff free time is re-invested in more frequent debtor contact (more calls and letters), reducing delinquency rates while decreasing collection costs. Collector work is properly prioritized based on institution policies targeted at efficiently reducing delinquency rates. Total workflow automation creates accurate management and tracking reports to monitor up to the minute actions. Accurate monitoring ensures you will maintain these positive early collection results. You will not revert back to high delinquency rates, unacceptable charge offs, and growing delinquency balances.
