Power Collecting: Automation for Effective Asset Management

Hardcover
from $0.00

Author: Frederick A. Piumelli

ISBN-10: 0471180432

ISBN-13: 9780471180432

Category: Small Business - Legal & Financial

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.

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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.

PrefaceAcknowledgmentsPt. 1Imperatives for Automating Collections11Unable to See the Forest for the Trees32New Paradigm273Collection Process374Re-engineering Collections495Problems Inherent in Current Practices696Manual Collection Process95Pt. 2Automating Collections1217Solving the Dilemma1238Objectives of an Automated Collection System1459Automated Collection Cycle16310Automation Pitfalls: What Not to Do19111Developing Collection Strategies209Pt. 3Working with an Automated Collection Process23112Monitoring Accounts23313Deduction Management25114Automated Cash Applications27915Third-Party Collections in an Automated Environment29516Automated Collections and the Internet30717Final Thoughts315Index321