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Skip TracingWith large amounts of revenue lost each year through customers defaulting on their payment commitments, corporations are looking for solutions that can assist in recouping revenue effectively and efficiently. Nt helps assist organisations to trace debtors who have 'gone away' or 'skipped' on their obligations. The solution incorporates neural predictive analytics, behavioural modelling, configurable rules and adaptive thresholds to monitor each individual customer, account and activity profile within the business environment. This combination of techniques offers a thorough understanding of customer behaviour and likely outcomes, enabling corporations to approach their revenue recovery in a strategic manner. Skip Tracing - Locate debtors quickly and efficientlyDebtor locating can be a time consuming task with associated cost implications. A disconnected phone, an invoice returned in the mail and payment overdue by more than 30 days are pretty good indicators that a debtor has "skipped" out on his/her obligation to pay for services. The solution makes it quicker and easier to find delinquent debtors through the successful selection of the correct processes, treatment programs and tools, as well as identifying the most cost and time effective means of validating contact details (e.g. phone numbers) for people and businesses. It evaluates the many external tools, databases and services aimed at locating debtors and prioritises them to recover outstanding revenue in the shortest and most cost-effective way. |
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