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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

Damdin Sühbaatar 1893 – 1923 on the banknote of 500 Mongolian Tugrik

Mongolian Tugrik

Like Mustafa Kemal Atatürk in Turkey, Damdin Sühbaatar is regarded as the father of modern Mongolia. He is born to a poor family, almost without any education, after the proclamation of the independence of Mongolia in 1911, he enrolls in the army and this is how his military career starts. During the Chinese occupation in 1920, he succeeds to move through the blockade and reach the Soviet Union with a letter in which Mongolia is asking for help. The whip handle where the letter has been hidden, today can be seen in the museum in Ulaanbaatar. He returns back in Mongolia as a chief of the army that conquers the capital on 18th of February and since then this date is regarded as the national holiday of Mongolia. In the newly formed government, he holds the position Minister of war until 1923 when he dies.