Holistic Debt Management Webinar
Tags: Decision Analytics, Energy and Communications (TEC), Debt Recovery
Learn how large utility and energy companies are lowering operating costs, reducing risk and increasing liquidation and recovery rates.
Given the broad and unpredictable spectrum of events that drive a consumer's cycle of delinquency, organizations are being forced to take a non-linear approach to their collections strategies. Historically, delinquency had a time-based aging pattern that could be addressed using a "one size fits all" approach. Changing times and consumer behaviors now require a more sophisticated risk-based approach to early and late stage collections and recovery processes.