Debt collection and more: Collect+ is able to reduce the credit period taken by defaulting accounts and the utility provider's cost of ongoing supply. Compared with conventional debt collection approaches Collect+ improves the financial resilience of the business and can,
- Shorten the time to collect
- Better collection rates and outcomes
- Put customers on repayment plans sooner
- Reduce consumption losses
- Speed up cash flow
- Reduce debtor days
- Reduce bad debt
- Reduce borrowing
Collect+ optimises the process of debt collection and account disconnection in a way which delivers better financial KPI and higher recovery rates for the utility.
Proven track record: For almost two decades the solution has been used by ACS to collect debt for clients ranging from small start-ups to the top ten ranked B-to-B utility providers including providers from the Big Six.
In-built cost advantages
Collect+ offers the most advantageous option that a utility provider can choose. Compared with other service choices Collect+ offers the potential to achieve the,
- More cost effective than separate collect and disconnect services
- Shortest time to collection
- Least loss due to the on-going cost of supply
Learn about the Collect+ process - here
Optimising the Collection of B-to-B Utility Debt - here
Debt collection and field services for the utility industry - here
ACS Services for Utility Providers - services and feature summary - here.