Debt Collection and Credit Control
Data Discoveries has served the debt and credit industry for over 10 years. We are proud to have some of the UK’s largest debt collection agencies as our clients.
Each company in the debt and credit industry is unique, however we often hear of the same problems. Below are some examples of common queries we receive at Data Discoveries. If your query is not listed, then please contact us - we like a challenge.
“My clients are driving down the cost they will pay for a successful trace”
Solution: Fastrac can save you money. It is a cost effective way to trace someone and is often cheaper per trace than a Credit Reference Agency.
“My debt book has a high number of gone-aways”
Solution: Fastrac combines publicly available data, consented data and its unique Backtrack-Fastrac functionality to successfully trace debtors. It also includes many other features to help trace debtors.
“I need to streamline my processes and reduce my cost to serve”
Solution: Firstly, set up an automatic View process to clean your data and split your workload according to action. Install Fastrac within your trace team. Fastrac will save your trace team valuable time when gathering information and tracing someone.
“The information my client supplies for each case is very limited “
Solution: You can improve the data quality using View which will clean and standardise the name and address information. You can also flag deceased and gone-aways and add missing information.