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Collection Agency for Funeral Homes: Recover Unpaid Bills

Nexa Collect

A Collection agency for funeral homes can attempt to recover money a lot more efficiently. Being a third-party debt collector, they are well-versed with dealing all those excuses and know exactly how to get your money back to you. Need a Collection Agency? A collection agency is really helpful in such cases.

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Katabat Expands Product Reach by Acquiring Simplicity Collection Software

Account Recovery

5, 2021 /PRNewswire/ — Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today that it has acquired Simplicity Collection Software of Idaho Falls, Idaho. WILMINGTON, Del.,

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ImpactAI Solutions, a Division of CSS IMPACT, Unveils Groundbreaking Interactive Voice AI Smart Collectors to Transform Debt Collection

Account Recovery

Together, they empower collection agencies by revolutionizing both inbound and outbound engagement through cutting-edge artificial intelligence. About CSS IMPACT CSS IMPACT is a premier AI-driven financial ecosystem SaaS provider specializing in collections, billing, servicing, finance, tax, and revenue recovery solutions.

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Katabat Attracts Significant Growth Investment from Tritium Partners and Terminus Capital Partners

Account Recovery

August 5, 2020, Wilmington, DE – Katabat, a leading global provider of debt management software solutions for lenders, fintechs, and collection agencies, announced today a strategic growth investment from Tritium Partners, a growth-focused private equity firm with extensive experience investing in fintech and financial services companies, and Terminus (..)

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Council that refuses to use Debt Collection Agencies writes off £1.5m of debt

UK debt collections

The Council refused to turn to Debt Collection Agencies for help despite incurring heavy losses as a result. No doubt resulting in an increase in Council tax to cover the shortfall as a result of not working with a professional debt collection agency. of which £8.5m relates to current tenants rent arrears.

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Council could scrap use of Debt Collection Agencies to be ‘kinder’

UK debt collections

Council Bosses in Lancashire are to discuss abandoning the use of Debt Collection Agencies to collect rent arrears or council tax. “The current debt management policies have been in place since 2015 at Chorley and 2018 at South Ribble. ”

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Artificial Intelligence in Collections Industry

Nexa Collect

By using machine learning algorithms, AI can predict the likelihood of a debtor repaying the debt, allowing collection agencies to prioritize their efforts and allocate resources more effectively. Lowering Collection Costs: Human debt collectors take a significant percentage of all money recovered by them.