Return on Investment is the name
of the game, and the standard
that all skip tracing and
collection efforts need to be
measured against. A recent study
conducted by a Fortune 500
company, compared the skip
tracing performance produced by
three groups.
- The
client's in-house skip
tracing department
- A
favored skip
tracing/collection agency
-
VeriFacts
Each group was given a batch of
similar accounts with an average
balance of $777.00. Each group
was given the same 60 days to
trace the accounts. The results
were tabulated and issued to the
company.
-
VeriFacts located twice as
many accounts as the other
two groups.
-
VeriFacts identified
$124,000 net collectible
dollars vs. $61,961 and
$83,354.
 Despite
the fact that VeriFacts was paid
a higher fee, return investment
was as follows.
- VeriFacts 10.9
- Skip tracing/collection
agency 4.0
- In-House group 3.3
CALL
TO ACTION
Test our services. Measure
the results. Calculate your Net
Return on Investment (NROI).
Project the NROI against your
existing skip portfolio. Make
your own decision.
REFERENCES
Want to check us out? Please
do. Just call and request a list
of references. We will be happy
to answer your questions and
explain why science and art are
an unbeatable skip tracing
combination. |
