Developing and Utilizing
the Potential of
Your People
COLLECTIONS EFFECTIVENESS
Our Collections
Effectiveness objective is to enable your collection team to achieve
significant productivity gains while preserving the customer
relationship beyond collections, where appropriate.
A client collection organization reaped
the following benefits after Success Sciences Inc.
intervention:
19.24% increase in total dollars collected.
24% increase in “check by phone now.”
An 8.04% increase in Now Due collecting.
Another collections client …
Achieved an increase of 15% in “Promises to Pay
Kept” which represented a substantial increase in
revenue.
Achieved a 10% decrease in average call handling
time representing a significant savings in
operational expenses. This improvement in efficiency
was achieved along with an improved quality score.
Approximately 3/4 of the total performance
improvement occurred after just a few half hour
sessions of the total practice time.
After just 2 months the pilot
group members were performing at or about the levels
for an experienced representative.