Collections & Recoveries
Collections Solutions to optimise yields and increase profits.
Enhance Debtor Collections Strategy With Data Analytics Solutions
Data analytics offers the solution to optimise your collections strategy, improve your recovery yields and increase your business revenue.
Businesses often get trapped in their operational world. And whether you are implementing a new strategy or needing to streamline an existing one, data-driven collections and recoveries solutions are essential in optimising your approach and ensuring that you get the best out of the strategy.
Collect & Recover with Data Analytics
Download our Guide to Using Data Science to Optimise Collection Yields and Increase Recovery Returns. We discuss how advanced data analytics can be applied to the four areas of strategy, people, process and technology to improve your collection yields.
Collections & Recoveries Solutions
Make better risk decisions and enhance your debtor strategy with any of Principa's Collections and Recoveries Solutions:
“We, Hammond Pole Attorneys, engaged the services of Principa to identify weaknesses in our call center, implement “best practice” processes to improve our effectiveness. In addition, they were asked to design and implement a scorecard to enable us to categorize and identify accounts within certain criteria so as to ensure that the correct process was utilized to collect on the accounts depending on the category. The Principa Consultants completed the exercise on budget and within the time frames agreed to. They engaged with the relevant stakeholders throughout the process, implemented best practice processes and custom built a scorecard to suit our needs. The results have been astounding and we are collecting more at less expense since implementing the recommendations and scorecard. Principa has exceeded our expectations and we would highly recommend their services to anyone in the collections industry.”