D&B uses a range of techniques to increase the speed of your recovery. Select from the following links to find out more about D&B's debt recovery process:
Predict the success
D&B's debt recovery scoring models allow us to differentiate your accounts and predict the likelihood of their recovery. The recovery score is a statistically based model that is highly effective in identifying businesses that are most likely to pay their past due accounts. These scores drive our efforts, eliminating accounts with little or no chance of recovery, so we can return the maximum amount of revenue to you in the quickest timeframe.
Scoring Impact on Collections
Utilising the recovery score can have many positive impacts on your business, including:
- Improved efficiency and productivity
- Segmentation of collection accounts to ensure the right actions are taken for each individual debt
- Increased cash flow via a reduction in DSO
- Greater insight into legal costs, allowing you to determine if court action is appropriate
Instantly actioned
The sooner that D&B starts working on your overdue accounts, the sooner we can facilitate payment. By placing your accounts for collection via DebtView (D&B's online portal), you can start the recovery process instantly.
Multiple ways to get paid
Giving your debtors maximum opportunity to settle their overdue account is critical to improving your cash flow. D&B offers a variety of payment options: cash, cheque, credit card, direct deposit and money order with D&B, or over the counter at 4,500 Australia Post outlets, on the Internet at www.postbillpay.com.au, through Internet banking with Bpay www.bpay.com.au or via 24 hour telephone payment option.
