JoJo BIG DATA + LEGAL (PAY to CLIENT) methodology helps in-house Accounting, Accounts Receivable, Collections, and LEGAL Department of commercial & retail property owners, and business products and services prioritizing delinquent accounts with a higher likelihood of payment, streamlining the collection process, business creditworthiness, risk assessment, pre-legal data, commercial credit, defaults, breach of contract, and trade credit. Focusing collection efforts on the most promising accounts, saving time and resources, identify relationships within a corporate family, alternative contact information and locations for debtors, making it easier to reach them.about their current financial obligations and provides payment instructions. identifying potential collection issues early to optimizing collection efforts. and improve recovery rates by combining industry experience with deep data and analytics.
"Pre-legal" commercial collections refers to the stage of debt recovery that occurs before formal legal action is taken. It involves a series of structured communications, like letters, emails, and phone calls, aimed at encouraging the debtor to pay what is owed voluntarily. This process often involves negotiation and can be a cost-effective way to resolve disputes and recover debts without the time and expense of litigation. Here's a more detailed explanation:
Copyright © 2024 Powered by JOJOBIGDATA -
All Rights Reserved.
Powered by Jojo Big Data™
We use cookies to analyze website traffic and optimize your website experience. By accepting our use of cookies, your data will be aggregated with all other user data.