Debt management software enables debt recovery companies, management agencies, organisations and Local Authorities to manage their debt recovery processes much more efficiently. Reducing the cost of debt recovery, while increasing debt payment levels, can add significantly to the bottom line - particularly if handling large numbers of debts.
Debt management software can help companies by:
" Increasing the volume of debt management that each staff member can handle allowing you to reduce staff numbers or handle more debt
" Recovering more debt by driving the debt recovery process harder and more accurately
" Improving cash flow through improved monitoring and enforcement of payment agreements
Modern debt management software has been built to cope with the busiest of debt recovery operations, providing huge efficiency savings no matter how big an organization. Flexibility and scalability means that the software can be used by just about anyone.
Having in-depth, accurate, detailed, time stamped information easily to hand means less staff time spent looking for information or in dispute with debtors. Data can be easily imported from virtually any other IT system, internal or external, including Sage® & SAP®.
Debtor interventions, phone calls, letters, emails can be automatically programmed, based on rules set. For maximum efficiency, debt management software can be fully integrated with automated dialing systems, so that staff have debtor information ready in front of them for every automated call.
This type of software can also be integrated with virtually any letter or email production system, in-house or outsourced, providing an accurate, fully automated communication system.
http://www.autorek.com/reconciliation-solutions/autorek-debt-management-software.html
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