Swift and efficient debtor tracing is conducive to a productive debt collection strategy; the quicker your debtor tracing team locate absconders, the quicker you collect debts. A pivotal element in any debtor tracing exercise is the tools and methods employed to trace people.
Legislative changes forced the debt collection sector to review the methods they use when debtor tracing. Fortunately the digital age has made it simple for debtor tracing teams to demonstrate legal and ethical compliance, by providing tools that make debtor tracing easy and accountable.
Skip Tracing
Tracesmart Corporate is a name synonymous with providing skip tracing solutions of the highest calibre, more and more debt collection departments and agencies rely on us to provide them with intuitive, powerful and compliant debtor tracing systems.
The Tracesmart Corporate debtor tracing system gives you access to the most sophisticated and concise debtor tracing tools in the UK. A single web based user interface provides tracing agents with access to an array of intuitive search tools and a multitude of datasets, the combination of which makes debtor tracing a simple process.
Batch Tracing
Before passing your debt portfolio to your debtor tracing team, we recommend you data cleanse the file with Tracesmart Corporate.
Our data cleansing solutions will enhance your debtor tracing and collections project by segmenting the data into key areas:
- residence verified – has the debtor really moved? We will highlight those still at the current address, allowing you to pass them directly to your collections team
- gone aways – verified movers are flagged and can then be passed to you debtor tracing team or tracing agents
- mortalities – Identifying mortalities saves time and money. Not only can you avoid passing deceased traces to your debtor tracing team, you will protect your brand from adverse publicity and possibly be entitled to reimbursement if you purchased the account from a debt seller
- insolvency data screening – let us flag the debtors who are subject to a current Individual Voluntary Arrangement or Bankruptcy.
If you require industry leading debtor tracing solutions subscribe today, or contact Tracesmart Corporate for more details.
