Debt Recovery Assessment with Enformion

When it comes to debtors, you have to perform a debt recovery assessment to determine probability of payment.

Debt Recovery Assessment

An important part of debt recovery is actually assessing the targets for your debt recovery. When you use Enformion for debt collection and recovery, you will effectively move toward a streamlined process that gives you more time to work on the things that matter.

Assess and segment
Payment propensity
Monitor changes
Customize and prioritize your workload

Assess and segment

Prioritization is an incredibly important part of debt collection. You want to utilize at least part of your resources to track down individuals who are easier to find while also still looking for people who really want to stay hidden.

  • It’s important that you know who to target first so you can allocate your resources properly.
  • With the right tools, you can target easy-to-find people differently than people you’ll have a harder time locating.
  • With Enformion, you can utilize batch processing to return general information results on people you believe you’ll be able to locate easily.

Payment propensity

The other side of a debt recovery assessment is determining who can actually pay off their debt. An assessment can figure this out by looking at a number of negative indicators (bankruptcies, foreclosures, etc.) as well as positive indicators (assets, property owned, etc.).

Enformion can help to analyze all of the available indicators to help you figure out who is more likely to pay.

Monitor changes

Even if you currently have the proper notification information for certain individuals, you never know when that information could unexpectedly change.

  • By using your resources wisely, you have more time to focus on the things you have to do on your own, like actually contacting people and collecting.
  • Enformion has built-in capabilities for data alerting, which means you essentially automate these tasks

Customize and prioritize your workload

Customizing the way you work is very important. You don’t want your work pigeonholed into the way a certain company thinks is best for your work. Use Enformion to customize the way you work so it fits your style and needs.

Your trusted partner

Building lasting relationships with our clients and partners with a single driving force and common purpose – that your continued success is Enformion’s success.

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