| In this fast growing competitive collections
market, industry surveys show that more than 60 percent
of debt recovery expenses are from personnel costs,
all the while margins are continually under pressure.
These factors, as well as others, are forcing collection
agencies to look for new ways to recover debt faster,
improve agent productivity, and lower operational costs.
With the RingClear platform, collection agencies have
a better solution for recovering debt rapidly and at
a lower cost than alternative methods. The RingClear
platform allows companies to send personalized interactive
voice messages to debtors which increases the number
of right party connects in a fraction of the time over
traditional debtor contact strategies. The experience
of ten's of millions of collection calls has provided
RingClear with the best practices to help customers
develop messages and call strategies based on the balance
and age of the debt, to ensure the greatest return on
investment and response. And because RingClear is a
web hosted solution, there is no hardware or software
to purchase, dramatically reducing operational costs
over in house solutions.
RingClear Advantage
- Collectors are more productive speaking with
right party verified contacts
- No need to maintain or purchase expensive
hardware and software; while benefiting from
continually advancing technology, with no time
consuming and expensive upgrades
- Industry leading list penetration
- Complies with FDCPA guidelines
- No annual contracts or commitments
- Small to Medium size agencies can aggressively
compete with larger agencies
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Examples include:
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