How to use data hosting to better manage outside collections.(selected topic)

As a credit manager, how much time do you spend managing your outside collection efforts? Do you frequently find yourself prompting collection agencies or attorneys for information on claims you have placed with them? Too often managing these delinquent accounts takes more time and energy than they seem to be worth.

One approach--data hosting--may be a way for you to make the most of your time while allowing you to have up-to-date information on the claims you have placed with third-party collectors.

What is data hosting? In its simplest form it is storage and access to information (claims, for example) in your organization. When you think about it, you ...