{"id":6631,"date":"2024-12-25T14:58:05","date_gmt":"2024-12-25T14:58:05","guid":{"rendered":"https:\/\/alwadiholding.com\/aw-uae\/?p=6631"},"modified":"2026-09-21T21:45:56","modified_gmt":"2026-09-21T21:45:56","slug":"debt-management-agencies-techniques","status":"publish","type":"post","link":"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/","title":{"rendered":"8 Debt Collection Analytics and Insights"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"6631\" class=\"elementor elementor-6631\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7f54005c cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"7f54005c\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2ff1b1b6 cspt-bg-color-over-image\" data-id=\"2ff1b1b6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-694e4d0e elementor-widget elementor-widget-text-editor\" data-id=\"694e4d0e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p>Debt collection analytics become an essential part for finance companies when they plan to give credit, every lender nowadays investigates the debt collection predictive analytics so he\/she can assess the ease and guarantee of recovering his\/her money back whether by a debt collection software analytics or analyzing the data, insights and previous record of the borrower to help make data-driven decisions.<\/p><p><strong>In this Blog<\/strong> we will discover the major KPIs for debt collection analytics, that you can use for microfinancing, credit assessment, assess the collection agency you are dealing with and answering questions like: <strong>what analytics are used in collections and recovery?<\/strong><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#8_Key_Metrics_for_Measuring_Debt_Collection_Performance\" >8 Key Metrics for Measuring Debt Collection Performance:\u00a0<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#1_%E2%80%93_Debt_Aging\" >1 \u2013 Debt Aging:\u00a0\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#2_%E2%80%93_Outbound_Calls_Rate_resulting_to_Promise_to_Pay\" >2 \u2013 Outbound Calls Rate resulting to Promise to Pay:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#3_%E2%80%93_Promise_to_Pay_Rate\" >3 \u2013 Promise to Pay Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#4_%E2%80%93_On_time_Payment_Rate\" >4 \u2013 On time Payment Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#5_%E2%80%93_First_Settlement_Resolution_Rate\" >5 \u2013 First Settlement Resolution Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#6_%E2%80%93_Closed_Accounts_Rate\" >6 \u2013 Closed Accounts Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#7_%E2%80%93_Collection_Cost_Rate\" >7 \u2013 Collection Cost Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#8_%E2%80%93_Collection_Rate\" >8 \u2013 Collection Rate:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#Other_KPIs\" >Other KPIs:\u00a0<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#What_is_debt_collection_analytics_software\" >What is debt collection analytics software?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#What_are_the_three_Cs_of_a_successful_collections_strategy_refers_to\" >What are the three C's of a successful collection's strategy refers to?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#What_are_the_three_ways_to_manage_debt\" >What are the three ways to manage debt?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#what_are_the_best_analytics_solutions_for_assessing_debtor_affordability_and_prioritizing_debt_recovery\" >what are the best analytics solutions for assessing debtor affordability and prioritizing debt recovery?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/alwadiholding.com\/aw-uae\/debt-management-agencies-techniques\/#what_tools_provide_the_best_analytics_for_debt_portfolio_performance\" >what tools provide the best analytics for debt portfolio performance?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"8_Key_Metrics_for_Measuring_Debt_Collection_Performance\"><\/span>8 Key Metrics for Measuring Debt Collection Performance:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h2><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"1_%E2%80%93_Debt_Aging\"><\/span><span style=\"font-size: 24pt\">1 \u2013 Debt Aging:\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><p><span data-contrast=\"auto\">Debt aging provides valuable insights into the success of collection efforts and the overall health of a debt portfolio.<\/span><span data-ccp-props=\"{&quot;134233117&quot;:false,&quot;134233118&quot;:false,&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:240,&quot;335559739&quot;:240,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><p><span data-contrast=\"auto\">Debt aging measures the length of time a debt has remained unpaid, categorizing it into different time frames such as 30 days, 60 days, 90 days, 180 days, 365 days and so on. This metric reflects the effectiveness of collection strategies, as debts that remain outstanding for longer periods often indicate challenges in securing repayment.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2aa108d cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"2aa108d\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-8b4c1ee cspt-bg-color-over-image\" data-id=\"8b4c1ee\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-bc9cbea elementor-widget elementor-widget-image\" data-id=\"bc9cbea\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"768\" height=\"576\" src=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2023\/10\/Marketing-and-Sales-Graph-2-768x576.webp\" class=\"attachment-medium_large size-medium_large wp-image-7846\" alt=\"Key Metrics for Measuring Debt Collection\" srcset=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2023\/10\/Marketing-and-Sales-Graph-2-768x576.webp 768w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2023\/10\/Marketing-and-Sales-Graph-2-300x225.webp 300w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2023\/10\/Marketing-and-Sales-Graph-2-770x578.webp 770w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2023\/10\/Marketing-and-Sales-Graph-2.webp 1024w\" sizes=\"(max-width: 768px) 100vw, 768px\" data-id=\"7846\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-022d634 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"022d634\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-59e3296 cspt-bg-color-over-image\" data-id=\"59e3296\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-a123a81 elementor-widget elementor-widget-text-editor\" data-id=\"a123a81\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"2_%E2%80%93_Outbound_Calls_Rate_resulting_to_Promise_to_Pay\"><\/span>2 \u2013 Outbound Calls Rate resulting to Promise to Pay:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>This debt collection analytics metric is very important especially when assessing the cost of collection to the collected amount, it\u2019s crucial for the agencies itself to see if the signed accounts are profitable enough to the efforts made plus to the creditor to see the efforts made with each debtor until reaching the promise to pay phase, also gives an slight indicator to his creditworthiness for future deals.<\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-32946c2 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no elementor-invisible\" data-id=\"32946c2\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeInDown&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-b832eeb cspt-bg-color-over-image\" data-id=\"b832eeb\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-469b3eb elementor-widget elementor-widget-text-editor\" data-id=\"469b3eb\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span style=\"color: #000000\"><em><span style=\"font-size: 14pt\">(To calculate this percentage, use the following formula: Outbound Calls Resulting to Promise to Pay Rate = (The Number of Outbound calls made until reaching PTP \/ Total Number of Outbound Right Party Contacts) x 100)<\/span><\/em><\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ab0f925 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"ab0f925\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-bd48876 cspt-bg-color-over-image\" data-id=\"bd48876\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ff150b8 elementor-widget elementor-widget-text-editor\" data-id=\"ff150b8\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"3_%E2%80%93_Promise_to_Pay_Rate\"><\/span>3 \u2013 Promise to Pay Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>We use it in the debt collection analytics so we can forecast how much we are expecting to collect in the upcoming period, it also gives us an outlook that we can provide to the creditor to manage his expectation about the future payments and gives him insights to better cash flow management.<\/p><p><span style=\"font-size: 14pt;color: #47212e\"><strong><em>(To calculate this percentage, use the following formula: Promise-to-pay rate = (Number of promised payments \/ Total outstanding debt) x 100)\u00a0<\/em><\/strong><\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"4_%E2%80%93_On_time_Payment_Rate\"><\/span>4 \u2013 On time Payment Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>Measures the number of payments made on the promised date given by the debtors to fulfill their obligations, promises can easily be broken by the debtors and usually deceptive, what proves otherwise is the on-time payment rate on our debt collection analytics.\u00a0<\/p><p><strong><span style=\"color: #47212e\"><em><span style=\"font-size: 14pt\">(To calculate this percentage, use the following formula: On-time payment percentage = (Number of on-time payments \/ Total number of promises made) x 100)\u00a0<\/span><\/em><\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2b731db cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"2b731db\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ad9d733 cspt-bg-color-over-image\" data-id=\"ad9d733\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-99ec36c elementor-widget elementor-widget-image\" data-id=\"99ec36c\" data-element_type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/alwadiholding.com\/contacts\/\">\n\t\t\t\t\t\t\t<img decoding=\"async\" width=\"847\" height=\"256\" src=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-1024x310.png\" class=\"attachment-large size-large wp-image-9350\" alt=\"Debt Collection Analytics\" srcset=\"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-1024x310.png 1024w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-300x91.png 300w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-768x232.png 768w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-1536x465.png 1536w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-2048x620.png 2048w, https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/debt_collection_analytics_cta_banner-770x233.png 770w\" sizes=\"(max-width: 847px) 100vw, 847px\" data-id=\"9350\" \/>\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b30e47e cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"b30e47e\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-cc783db cspt-bg-color-over-image\" data-id=\"cc783db\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-07e6760 elementor-widget elementor-widget-text-editor\" data-id=\"07e6760\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"5_%E2%80%93_First_Settlement_Resolution_Rate\"><\/span>5 \u2013 First Settlement Resolution Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>You need to pay attention to this metric especially when you have a large portfolio with the debt collection agency, this debt collection analytics metric tells you the percentage of settlement reached with the debtors from the first communication happened, it also assesses the efficiency of the debt collection agency you are dealing with and a positive indicator about the debtor creditworthiness.\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-ee82524 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"ee82524\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-dc4fb3d cspt-bg-color-over-image\" data-id=\"dc4fb3d\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5e7cc9b elementor-widget elementor-widget-text-editor\" data-id=\"5e7cc9b\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span style=\"font-size: 14pt\">(To calculate this percentage, use the following formula: First settlement resolution rate = (Number of settlement agreed on the first contact \/ Total number of settlements agreed) x 100)\u00a0<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-a31311a cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"a31311a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-39da876 cspt-bg-color-over-image\" data-id=\"39da876\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-38f09f4 elementor-widget elementor-widget-text-editor\" data-id=\"38f09f4\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"6_%E2%80%93_Closed_Accounts_Rate\"><\/span>6 \u2013 Closed Accounts Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>A huge debt collection analytics part for both creditors and debt collection agency This rate refers to the closed cases without collection due to many reasons such as: the inability to reach the debtor and refuse to pay or reach a settlement, this rate has inverse relationship with the collection rate, the lower is this percentage the higher the collection percentage will be.<\/p><p><span style=\"color: #46222e\"><strong><span style=\"font-size: 14pt\"><em>(To calculate this percentage, use the following formula: Closed Account Rate = (Number of closed cases without collection \/ Total number of assigned cases) x 100)\u00a0<\/em><\/span><\/strong><\/span><\/p><p><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><h3><span class=\"ez-toc-section\" id=\"7_%E2%80%93_Collection_Cost_Rate\"><\/span>7 \u2013 Collection Cost Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>This debt collection analytics calculate the cost occurred per debtor or per account to collect the debt, the cost can be measured by the total number of calls whether domestically or internationally, skip tracing tools subscriptions to reach the debtor locations, number of visits happened to negotiate or remind the debtor, any other form of communication to inform about the debt other than the email like fax or postal delivery, add to that the agents salaries plus if the debt collected by a third party in other country, you will include the fees or the percentage cut this partner.<\/p><p>This debt collection analytics is the main aspect for the collection agency to decide whether to accept this case for collection or not, remain or resign with the same account or not.\u00a0\u00a0<\/p><p><strong><span style=\"color: #46222e;font-size: 14pt\"><em>(To calculate this percentage, use the following formula: Cost Per Collection = (Total Collection Costs \/ Amount of debts collected) x 100)\u00a0<\/em><\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-d403aef cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"d403aef\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-1f0d9f1 cspt-bg-color-over-image\" data-id=\"1f0d9f1\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-da3cee1 elementor-widget elementor-widget-text-editor\" data-id=\"da3cee1\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"8_%E2%80%93_Collection_Rate\"><\/span>8 \u2013 Collection Rate:\u00a0<span class=\"ez-toc-section-end\"><\/span><\/h3><p>Most important debt collection analytics, it refers to the percentage of the actual collected amount of the outstanding debt based on the agreed settlement or collection efforts made by the collection team, this percentage indicate how effective the debt collection agency you are dealing with, strategies that have been utilized and the skills of its debt collectors.<\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-5858610 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"5858610\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-a186bc3 cspt-bg-color-over-image\" data-id=\"a186bc3\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-9b10ad5 elementor-widget elementor-widget-text-editor\" data-id=\"9b10ad5\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong><span style=\"font-size: 14pt\">(To calculate this percentage, use the following formula: Debt collection rate = (Total debt collected \/ Total outstanding debt) x 100)\u00a0<\/span><\/strong><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-968b557 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"968b557\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-451e78c cspt-bg-color-over-image\" data-id=\"451e78c\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5753165 elementor-widget elementor-widget-text-editor\" data-id=\"5753165\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h3><span class=\"ez-toc-section\" id=\"Other_KPIs\"><\/span><span style=\"font-size: 24pt;\">Other KPIs:\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3><p>Besides the above debt collection analytics measures, their other metrics of success you may include related to marketing and sales which refers to the cost per acquisition, this also can be added to the collection cost, follow us on social media and subscribe to our newsletter to get new updated information about the industry and more insights.<\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-328e671 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"328e671\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-c67ed6a cspt-bg-color-over-image\" data-id=\"c67ed6a\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ded4bcd elementor-widget elementor-widget-heading\" data-id=\"ded4bcd\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<p class=\"elementor-heading-title elementor-size-default\">FAQs<\/p>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-0d397c7 cspt-col-stretched-none cspt-bg-color-over-image elementor-section-boxed elementor-section-height-default elementor-section-height-default wpr-particle-no wpr-jarallax-no wpr-parallax-no wpr-sticky-section-no wpr-column-slider-no wpr-equal-height-no\" data-id=\"0d397c7\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-fcf8572 cspt-bg-color-over-image\" data-id=\"fcf8572\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-ba8d512 elementor-widget elementor-widget-accordion\" data-id=\"ba8d512\" data-element_type=\"widget\" data-widget_type=\"accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion\">\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1951\" class=\"elementor-tab-title\" data-tab=\"1\" role=\"button\" aria-controls=\"elementor-tab-content-1951\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"What_is_debt_collection_analytics_software\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What is debt collection analytics software? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1951\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"1\" role=\"region\" aria-labelledby=\"elementor-tab-title-1951\"><p><span class=\"TextRun SCXW114973877 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW114973877 BCX0\">It&#8217;s<\/span><span class=\"NormalTextRun SCXW114973877 BCX0\"> a system created to track payments of the debtors, analyze the efforts and activities made by the collection agency, provide historical data, payment patterns<\/span><span class=\"NormalTextRun SCXW114973877 BCX0\">, store all the documents and<\/span> <span class=\"NormalTextRun SCXW114973877 BCX0\">related to the cases so that we can predict future payments by the debtors and measure the performance of the agency.<\/span><\/span><span class=\"EOP SCXW114973877 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1952\" class=\"elementor-tab-title\" data-tab=\"2\" role=\"button\" aria-controls=\"elementor-tab-content-1952\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"What_are_the_three_Cs_of_a_successful_collections_strategy_refers_to\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are the three C's of a successful collection's strategy refers to? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1952\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"2\" role=\"region\" aria-labelledby=\"elementor-tab-title-1952\"><p><span class=\"TextRun SCXW34706600 BCX0\" lang=\"EN-US\" xml:lang=\"EN-US\" data-contrast=\"auto\"><span class=\"NormalTextRun SCXW34706600 BCX0\">It refers to communication, <\/span><span class=\"NormalTextRun SCXW34706600 BCX0\">choice<\/span><span class=\"NormalTextRun SCXW34706600 BCX0\"> and control.<\/span><\/span><span class=\"EOP SCXW34706600 BCX0\" data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1953\" class=\"elementor-tab-title\" data-tab=\"3\" role=\"button\" aria-controls=\"elementor-tab-content-1953\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"What_are_the_three_ways_to_manage_debt\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">What are the three ways to manage debt? <\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1953\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"3\" role=\"region\" aria-labelledby=\"elementor-tab-title-1953\"><ul><li style=\"font-weight: 400;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"auto\">Collect all the documents about the debtors.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li><li style=\"font-weight: 400;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"auto\">Determine how much you need to collect.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li><li style=\"font-weight: 400;\" data-leveltext=\"\uf0b7\" data-font=\"Symbol\" data-listid=\"3\" data-list-defn-props=\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"auto\">Hire a debt collecting agency to grab the money for you.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\">\u00a0<\/span><\/li><\/ul><div id=\"eJOY__extension_root\" class=\"eJOY__extension_root_class\">\u00a0<\/div><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1954\" class=\"elementor-tab-title\" data-tab=\"4\" role=\"button\" aria-controls=\"elementor-tab-content-1954\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"what_are_the_best_analytics_solutions_for_assessing_debtor_affordability_and_prioritizing_debt_recovery\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">what are the best analytics solutions for assessing debtor affordability and prioritizing debt recovery?<\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1954\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"4\" role=\"region\" aria-labelledby=\"elementor-tab-title-1954\"><p>Assessing debtor affordability and prioritizing accounts require advanced predictive analytics solutions that process historical payment behavior, cash flow trends, and asset visibility to score recovery probability accurately.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-accordion-item\">\n\t\t\t\t\t<h3 id=\"elementor-tab-title-1955\" class=\"elementor-tab-title\" data-tab=\"5\" role=\"button\" aria-controls=\"elementor-tab-content-1955\" aria-expanded=\"false\"><span class=\"ez-toc-section\" id=\"what_tools_provide_the_best_analytics_for_debt_portfolio_performance\"><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon elementor-accordion-icon-left\" aria-hidden=\"true\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-closed\"><i class=\"fas fa-plus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t<span class=\"elementor-accordion-icon-opened\"><i class=\"fas fa-minus\"><\/i><\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t<a class=\"elementor-accordion-title\" tabindex=\"0\">what tools provide the best analytics for debt portfolio performance?<\/a>\n\t\t\t\t\t<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\t\t\t\t\t<div id=\"elementor-tab-content-1955\" class=\"elementor-tab-content elementor-clearfix\" data-tab=\"5\" role=\"region\" aria-labelledby=\"elementor-tab-title-1955\"><p>Optimizing overall portfolio yield requires centralized accounts receivable and debt recovery systems that provide real-time dashboards, aging bucket tracking, and dynamic recovery forecasting.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What is debt collection analytics software?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW114973877 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW114973877 BCX0\\\">It&#8217;s<\\\/span><span class=\\\"NormalTextRun SCXW114973877 BCX0\\\"> a system created to track payments of the debtors, analyze the efforts and activities made by the collection agency, provide historical data, payment patterns<\\\/span><span class=\\\"NormalTextRun SCXW114973877 BCX0\\\">, store all the documents and<\\\/span> <span class=\\\"NormalTextRun SCXW114973877 BCX0\\\">related to the cases so that we can predict future payments by the debtors and measure the performance of the agency.<\\\/span><\\\/span><span class=\\\"EOP SCXW114973877 BCX0\\\" data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"What are the three C's of a successful collection's strategy refers to?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p><span class=\\\"TextRun SCXW34706600 BCX0\\\" lang=\\\"EN-US\\\" xml:lang=\\\"EN-US\\\" data-contrast=\\\"auto\\\"><span class=\\\"NormalTextRun SCXW34706600 BCX0\\\">It refers to communication, <\\\/span><span class=\\\"NormalTextRun SCXW34706600 BCX0\\\">choice<\\\/span><span class=\\\"NormalTextRun SCXW34706600 BCX0\\\"> and control.<\\\/span><\\\/span><span class=\\\"EOP SCXW34706600 BCX0\\\" data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"What are the three ways to manage debt?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<ul><li style=\\\"font-weight: 400;\\\" data-leveltext=\\\"\\uf0b7\\\" data-font=\\\"Symbol\\\" data-listid=\\\"3\\\" data-list-defn-props=\\\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\\\" data-aria-posinset=\\\"1\\\" data-aria-level=\\\"1\\\"><span data-contrast=\\\"auto\\\">Collect all the documents about the debtors.<\\\/span><span data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" data-leveltext=\\\"\\uf0b7\\\" data-font=\\\"Symbol\\\" data-listid=\\\"3\\\" data-list-defn-props=\\\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\\\" data-aria-posinset=\\\"2\\\" data-aria-level=\\\"1\\\"><span data-contrast=\\\"auto\\\">Determine how much you need to collect.<\\\/span><span data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/li><li style=\\\"font-weight: 400;\\\" data-leveltext=\\\"\\uf0b7\\\" data-font=\\\"Symbol\\\" data-listid=\\\"3\\\" data-list-defn-props=\\\"{&quot;335552541&quot;:1,&quot;335559683&quot;:0,&quot;335559684&quot;:-2,&quot;335559685&quot;:720,&quot;335559991&quot;:360,&quot;469769226&quot;:&quot;Symbol&quot;,&quot;469769242&quot;:[8226],&quot;469777803&quot;:&quot;left&quot;,&quot;469777804&quot;:&quot;\\uf0b7&quot;,&quot;469777815&quot;:&quot;hybridMultilevel&quot;}\\\" data-aria-posinset=\\\"3\\\" data-aria-level=\\\"1\\\"><span data-contrast=\\\"auto\\\">Hire a debt collecting agency to grab the money for you.<\\\/span><span data-ccp-props=\\\"{&quot;201341983&quot;:0,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559739&quot;:160,&quot;335559740&quot;:279}\\\">\\u00a0<\\\/span><\\\/li><\\\/ul><div id=\\\"eJOY__extension_root\\\" class=\\\"eJOY__extension_root_class\\\">\\u00a0<\\\/div>\"}},{\"@type\":\"Question\",\"name\":\"what are the best analytics solutions for assessing debtor affordability and prioritizing debt recovery?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Assessing debtor affordability and prioritizing accounts require advanced predictive analytics solutions that process historical payment behavior, cash flow trends, and asset visibility to score recovery probability accurately.<\\\/p>\"}},{\"@type\":\"Question\",\"name\":\"what tools provide the best analytics for debt portfolio performance?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"<p>Optimizing overall portfolio yield requires centralized accounts receivable and debt recovery systems that provide real-time dashboards, aging bucket tracking, and dynamic recovery forecasting.<\\\/p>\"}}]}<\/script>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Debt collection analytics become an essential part for finance companies when they plan to give credit, every lender nowadays investigates the debt collection predictive analytics so he\/she can assess the ease and guarantee of recovering his\/her money back whether by a debt collection software analytics or analyzing the data, insights and previous record of the borrower to help make data-driven decisions. In this Blog we will discover the major KPIs[&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9348,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_joinchat":[],"footnotes":""},"categories":[81],"tags":[],"class_list":["post-6631","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized-en"],"acf":[],"jetpack_featured_media_url":"https:\/\/alwadiholding.com\/aw-uae\/wp-content\/uploads\/sites\/3\/2024\/12\/Debt-Collection-Analytics.jpg","_links":{"self":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/6631","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/comments?post=6631"}],"version-history":[{"count":13,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/6631\/revisions"}],"predecessor-version":[{"id":9370,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/posts\/6631\/revisions\/9370"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/media\/9348"}],"wp:attachment":[{"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/media?parent=6631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/categories?post=6631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alwadiholding.com\/aw-uae\/wp-json\/wp\/v2\/tags?post=6631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}