Customer Debt Resolution

Reduce bad debt

Our debt reduction initiatives ensure debt management strategies are in place and effective to rectify and avoid large values of bad debt. We use data and analytics to understand your debt book, implement tactical and strategic initiatives, and combine this with a deep dive to understand the ‘as is’ process. We then implement the ‘should be’ process to transform your business and improve debt levels.

Discovering your unique challenges

Our engagements often begin with clients having a problem with debt that they cannot solve themselves. We utilise our consulting capabilities to identify the issues through discovery by analysing systems, resources, processes and governance. Once discovery has concluded, we can recommend improvement initiatives and manage this implementation end-to-end.

Our debt improvement initiatives

We can introduce a combination of both strategic and tactical initiatives to improve your debt position and ensure the provision of tailored treatment for your customers.

Strategic Initiatives

Risk based segmentation

Policies and strategies

Processes and governance

Deep dive analytics

Debt paths / journeys

Customer communications

Target operating models

Training for your teams

Tactical Initiatives

Debt Task Force

Specialist agent training

Debt collection agencies

Data quality and enrichment

Delivering real benefits

Applying Unallocated Payments to the Correct Accounts

£1.87m

of payments allocated

Debt Reduction Programme for B2B Energy Provider

£1.3m

reduced debt in 12 weeks

Reducing Debt on Finalled Accounts

£2.5m

of debt transferred