A recent survey of 400 US based collections and financial services executives by Lodestar Research on behalf of Varolii in May of 2010 shows that collection companies are finding it increasingly difficult to collect. They are faced with new problems
The debt collection industry has been through many litigation changes, technology changes, and economic changes in the past few years, and accounts receivable software has been changing along with it. So what can we expect from accounts receivable software vendors
As numerous individuals find themselves struggling with their finances in this economy, the amount of complaints against debt collection agencies are mounting. In an annual survey, debt collection agencies were ranked number one on the national list of consumer complaints.
The economy is only creeping toward recovery, and national statistics on past due accounts receivable are an indicator of this. Accounts receivable software is used to credit businesses promptly allowing maximum working capital and cash flow, which is necessary for
Debt collection systems are used for streamlining collections for first and third party collection agencies. First party agencies are part of the same company as the creditor, and third party agencies are a separate entity obliged to adhere to FDCPA
Various types of collection software are available to suit the needs of individual agencies. All collection agencies utilize software to aid in payment processing and access to information. Some larger agencies also use next generation dialer capabilities to increase the
Debt collection software should allow access to information for clients, and also have tools that make the process more efficient which ultimately leads to more collections. DAKCS Software Systems provides account receivables management and collection agency software. Debt collection software
Purchasing accounts receivable and debt collection software for your agency or law firm is by far the most important decision you make. Designing your space, hiring collectors, contracting new clients are all critical pieces of the pie, but software forms your business’s
Yet another leading collection attorney is the target of action by the Oregon State Bar and at least two lawsuits filed by consumers for violating the Fair Debt Collection Practices Act. Many debt collection agencies are beginning to complain about
For over 30 years, DAKCS Software Systems has remained a leader in simplifying the business of accounts receivable and collection software management by creating innovative cloud and on premise software solutions.
Whether it is first or third party, government, or health care, we simplify your accounts receivable, collection management, predictive dialing/IVR, e-payment, credit and risk scoring, client access, self-service and e-signature requirements with elegantly designed, configurable enterprise solutions.