All posts by Simon Waller

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Collections as we knew it has changed...

After the 2008 economic downturn, the industry threw more resources at collections, often with underwhelming results. With the economic outlook for the coming years unclear, you need to be smart about how you manage collections to treat customers fairly and make the best use of your resources. According to...

Read More Collections as we knew it has changed
The increasing importance of personalised treatment an...

The way a credit provider handles missed payments or financial difficulty is key to customers and their likelihood to stay with and recommend a brand, such as yours. Research shows that more than half of people would switch to another provider if they experienced bad debt collection processes. While...

Read More The increasing importance of personalised treatment and customer experience in collections
Silos just won’t work anymore. But what will? Customer...

Figures show the people in the UK owed £1.532 trillion at the end of April 2017. This is up from £1.485 trillion at the end of April 2016 – an extra £886.84 per UK adult. May’s Office of National Statistics release showed that tepid earnings growth continues to be...

Read More Silos just won’t work anymore. But what will? Customer focus.