A new online debt recovery service is set to revolutionise the collections industry, according to its pioneers Octempo:RM.
The Warrington-based cash flow management specialist has created a system for companies to log details of an outstanding debt – from anywhere in the world – on their website and receive up to the minute updates on the status of their case.
Octempo:RM believe it will make a major difference to the industry, which they claim is reliant on traditional processes and notorious for its poor communication with clients.
It also opens up cost effective international debt recovery to SMEs who would not previously have considered outsourcing due to the expense.
The Warrington-based cash flow management specialist has created a system for companies to log details of an outstanding debt – from anywhere in the world – on their website and receive up to the minute updates on the status of their case.
Octempo:RM believe it will make a major difference to the industry, which they claim is reliant on traditional processes and notorious for its poor communication with clients.
It also opens up cost effective international debt recovery to SMEs who would not previously have considered outsourcing due to the expense.