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Audit and optimization of debt collection processes

Audit and optimization of debt collection processesIt is claimed that the effectiveness of even the best processes in debt collection decrease with time. Do you know why this is so? Everything changes! And it changes really fast - the economic environment changes, the status of debtors changes, the regulatory framework changes, the priorities and the objectives change, the competence and the motivation also change. This is the reason why the results of the most effective processes decline with time - they are set according to characteristics and environment that are no longer the same. The regulatory audits and optimization on debt collection processes are absolutely necessary so that they continue to give the expected results.

Within the range of the audits and optimization of debt collection processes, conducted by the team of NeoCollect, the specialists and the experts with a long term experience in the field of debt collection and responsibility management:

  • will evaluate the present process on debt collection and management of payments in your company;
  • will map out the fields in which this process is dropping behind from the best practices in the area and will identify the options for improving the results;
  • will outline concrete measures in order to enhance the effectiveness and efficiency in the company;
  • will develop a Roadmap for the implementation of required changes;
  • will cooperate during the implementation of these changes.
 

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Contact us and request an appointment. Our experts will offer recommendations for process optimization FREE.

E-mail: info@neocollect.bg
Телефон: +359 879 061501

Own debt network?

Debt collection – use own debt network or assigning to an external company

Събирането на просрочени вземания - със собствена мрежа или възлагане на външна компания This is one of the questions that almost every manager, have regard to the recovery wonders - using their own resources or hiring an external specialized company. Definite answer - as might be expected - none as factors that should be taken into consideration are too much.external link

NOHAPPYFACES

Natsume Sōseki 1867 – 1916 on the banknote of 100 Japanese Yens

Japanese YensThe Yen (Japanese yen) is the currency used in Japan and is widely spread as a reserve currency after the U.S. dollar and the Euro. The symbol for a yen is ¥ but in the Japanese hieroglyphic system Kanji the symbol is 円 and it stands for a “round object”. The yen is introduced in 1872 similar to other European currencies. It has replaced the complex monetary system of that time. There were subdivisions called sen that were equal to 0.01 of the yen and rin, equal to 0.001 of the yen. Since 1954 these subdivisions are no longer used. On the banknote of 1000 Japanese yen (the Japanese banknote with a lowest value) is the portrait of Natsume Sōseki - one of the most significant writers from the Meidji Era. Besides his novels and novellas, he is also renowned for his haiku poetry, Chinese poetry and children’s stories.