Wednesday 24 June 2009

Intelligent Collections by dbs

Direct Bailiff Services Ltd (dbs) is already helping hundreds of landlord’s and property management clients in the UK every day with effective collection strategies...

Clients of dbs enjoy the peace of mind that comes from being with one of the strongest and secure recovery agencies’ operating today in the UK.

Implementing effective strategies is an active daily task for our management team. Our investment in people and experience create a practical focus in helping customers.

The global economics, impact on rising unemployment, property prices and inflation and interest rates are all having a consequence impact on the UK.

So is recession, a depression or just a new cycle of growth?

With the UK’s personal debt increasing £1m every 4 minutes* and increasing Government pressure to use a ‘sympathetic and positive approach’ with customers, who may be getting into financial difficulties, the challenge is how to develop a credit management framework to identify potential bad debtors.

Over the past 12 months dbs have been building and implementing a successful range of profiling reports, including Pre-Tenancy Assessment and Pre-Litigation against both individuals and businesses.

Our management team have been speaking with clients about the importance of profiling and credit reviews and how dbs can improve collections by streamlining default management processes, through its automated and personal collections technology.

The future success of collections and recovery departments depends on the ability of all organisations to adopt optimum strategies in their action and recovery methodology.
Within our own business we actively promote the implementing of bespoke customer collections models, for a more appropriate treatment of the debt age, debt type, and customer.

Effective planning and identifying risk strategies using analytical tools are proactive steps in any professional debt recovery business. The continued review of negotiation strategies and technologies to improve the minimising of a client loss and write-off is ever more apparent to dbs.

Today dbs are working with a national geographical portfolio of clients on a broad spectrum of collection platforms, offering extensive and diverse recovery systems, with its UK and mainland European in-house debt recovery team, certificated bailiffs, doorstep debt collectors and high court enforcement bailiffs.

So it’s out with ‘One-Size-Fits-All’ and in with ‘Intelligent Collections’ by dbs

For more information on the range of pre-enforcement and enforcement services at dbs, please contact us on 0845 241 5005

*Collections and Recoveries – Barclays Bank