PRESSURE TO REDUCE LOSSES AND INCREASE EFFICIENCIES
In today’s economic environment, companies are coming under increasing pressure to increase cash flow, reduce customer debt, improve operational efficiencies and productivity, as well as meet regulatory requirements.
Often it’s the good customers who receive the burden of outstanding debts with the increase of their bills and costs to help recoup the outstanding debts. Businesses are facing increasing pressure to minimise these losses and provide additional services for those vulnerable customers most likely to default or who will struggle to pay.