Using financial insight to increase collection rates and reduce arrears
Destin Solutions have recently launched ‘Data Services’ a solution which provides councils with an ‘at a glance’ view of how recoverable their debts are by using details of the debtor’s own financial circumstances.
The results are presented in a simple graph which gives a Risk Type based upon each debtor’s financial insight. A user just has to click on the graph to see an individual’s financial record along with details of their outgoings and who they are making payments to.
Data Services is particularly useful when dealing with aged debt or to identify the most appropriate recovery option for newly identified arrears. Further details are available in our latest blog post here >