Power Collecting: Automation for Effective AssetManagement
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  • Wiley

More About This Title Power Collecting: Automation for Effective AssetManagement

English

As a result of reengineering and downsizing, credit and collection departments are under tremendous pressure to produce more with less. This comprehensive guide shows credit managers and controllers how to automate their credit card and collection systems in order to increase efficiency as well as revenue.

English

IMPERATIVES FOR AUTOMATING COLLECTIONS.

Unable to See the Forest for the Trees.

New Paradigm.

Collection Process.

Re-engineering Collections.

Problems Inherent in Current Practices.

Manual Collection Process.

AUTOMATING COLLECTIONS.

Solving the Dilemma.

Objectives of an Automated Collection System.

Automated Collection Cycle.

Automation Pitfalls: What Not to Do.

Developing Collection Strategies.

WORKING WITH AN AUTOMATED COLLECTION PROCESS.

Monitoring Accounts.

Deduction Management.

Automated Cash Applications.

Third-Party Collections in an Automated Environment.

Automated Collections and the Internet.

Final Thoughts.

Index.
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