The power of third-party collections

Tell us what you love about Extra Credit and what topics you want covered!With the role of credit managers expanding each day with new responsibilities, outsourcing tasks within the credit department can be a key part of a risk mitigation strategy.  Collections brings a lot of problems for credit managers, making it one of the first processes many departments decide to outsource. Third-party collections improves cash flow by having dedicated collectors pursuing a debt rather than overwhelming the credit department.  Connect with us on LinkedIn: @Nacm-National @FCIB