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Insights
In uncertain times like now, a humane approach to debt collection will help you recover more debts and increase customer satisfaction moving forward.
BNPL giants recently are facing millions of losses. Thus, how to reduce consumer credit losses as early as possible will be a key challenge for all BNPL players.
BNPL firms have seen a drop in the company value due to the underestimation of collections. Thus, how to cure the debts and ensure cash flow will be an urgent topic.
In the shifting landscape of debt collection, staying ahead is crucial. As a result, web based debt collection software has emerged as an essential component for
In today's ever-changing lending environment, one term is becoming increasingly essential for businesses and Debt Collection Agencies (DCAs) alike: debt collection system software.
Don't know what you should take into account when choosing a collections software? Think thoroughly about these top 5 things before making any decision.
Recovering debts in-house is cost-effective and customer-friendly since collections professionals have more control and visibility over the whole process.
Energy companies should focus on reducing expenses, improving cash flow, and adopting a customer-centric debt strategy to survive the energy crisis.
By embracing modern collections management software and leveraging automation, collections teams can increase their performance while becoming more productive.
Collections has become a huge challenge for all financial institutions but only a small percentage of them are currently using AI to its fullest potential.