Case Study
Performance Improvement For Collections
Challenge The company’s collections targets were not being met. Net Bad Debt (NBD) levels had skyrocketed and were trending up. Involuntary churn was increasing and above budget. NBD losses were $9 million OVER budget for a quarter. The company’s CFO recognized that earlier budget requests had been denied, but management had not warned that NBD performance would be impacted so greatly. While adding collections staff would possibly help, co