It happens. A customer suddenly stops payment and drops into delinquent status. But just as swiftly as a person can fall behind on payment, there are moments to indicate they might be worthy of your collections efforts. When do you know those ideal times to work the account again?
Collection TriggersSM tracks your accounts, offering daily monitoring, to notify you of new contact information and changes that indicate financial improvement and ability to pay. It takes the guess work out of how to manage your collections efforts, increases right-party contacts and ideally helps you capture more wallet share.
Collection Triggers is ideal for all stages of the recovery process, monitoring the following: