Payment Chase (Early Collections)
In the current economic climate, customer retention has become increasingly important to many organisations seeking to maximise the return on their investment in acquiring their customers in the first instance. At a time when individuals are having to juggle bills and be more selective in what bill to pay first, it comes as no surprise that late or non-payment is on the increase across the UK. With most business sectors being highly competitive with more players joining the market on a regular basis, the approach adopted by companies in recovering late payments can be crucial in their ability to retain the customers' future business.
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Innovation & Technology
“We can't solve problems by using the same kind of thinking we used when we created them.” (Albert Einstein, 1879 - 1955)Read more about Innovation & Technology