- 13 Jul
Online Monitoring of Debt Collection
One of the providers that we deal with that supply debt collection services, in respect of businesses or consumers that have unpaid invoices, recently demonstrated their automated debt collection system to us. It allows you to see exactly what is going on regarding the collection of your outstanding invoices, via their online interface, and if the debtor raises any kind of dispute the software notifies you of the details immediately so that it can be resolved. The providers are able to price their debt collection services on a "no win, no fee" basis, so you only pay them from monies that are recovered and are only paying for results.