At CBC, we spent over $100,000 last year alone on technology and systems to enhance our capacity to serve our clients'- and your customers'- individual needs.
CBC's success depends on our ability to innovate our business systems through technology. Our software package is Ontario Systems' FACS (Flexible Automated Collection System), which runs on a Red Hat Linux R8 Unlimited Users License operating system utilizing a platform consisting of Intel Tower w/Pentium 4 3.2 GHz CPU w/512 KB Cache and 144 GB of storage with Adaptec 3200 Dual Channel RAID mirrored drives. The FACS system is currently in use by over 300 agencies and facilities, and is one of the most flexible software systems in the industry. Customized and supported by our own Information Systems staff, our software provides our collectors and clients with current and complete information, while permitting management to consistently monitor and review work productivity, including "real time" monitoring thru the GC Monitor application.
Our system provides the collector with automated payer follow-up including reminder and default letters, collector queuing, on-line notes, collection letters generated after case by case review, payment history, management review, and many other features, including:
- Automatic multiple account batching
- Customizable pre-collect programs
- Up to 900 user defined windows
- Customized management reports
- 500 different collection letters
- Automated call-back scheduling
- Account inquiry by name, client account number, address, phone number, or social security number
Our system's "Tactics" feature enables management to set system parameters by client, on how accounts will flow through the system as well as merge new debtor demographics with existing accounts residing in the system.
Also, CBC's "Tactics" feature establishes how specific accounts (for example determined by pay class, such as Medicare) will move from one disposition to another, and sets the procedures and quality control checks and balances by which those accounts will be worked. We have the capability to monitor both collection calls and collection activity including client requests, dollars promised, contacts, attempts, etc. Through "tactics", accounts that fall within assigned criteria automatically receive management review.
We have tailored our system to meet the ongoing challenge of collecting all stages of delinquent patient accounts through these difficult economic times, and provide our clients with the ever-tightening controls needed to thrive in a down-turned credit economy.
CBC's focus on productivity is supported by some of the finest technology available in the collection industry. Those technologies include CBC's predictive dialing system , called "Guaranteed Contacts" (GC). GC is fully integrated with our collection software. Some of the exciting highlights of the predictive dialer are:
- Inbound and outbound call management
- Unattended messaging
- Dramatically increased contacts
- Individual algorithms by calling campaign
- Multiple campaign capability
- Silent monitoring by supervisors
- Complete answering machine, busy signal, and no-answer screening
- Real time statistics
- Automated data transfer (seamless interface)
- Formatted and ad hoc reporting
- Automated time and time zone recognition
CBC's predictive dialers increase our productivity by automatically handling all mundane dialing tasks. Our system dials out on more lines than there are workstations, automatically sorting each call outcome into appropriate queues. Our system accomplishes this by passing only those calls that have been answered by a "live voice" to our collectors. Busy signals and no-answers are automatically placed in separate queues to be called back at a different time. Answering machines can be retried later or passed to an operator who will leave a message. By connecting our collectors to only those calls that have been answered, the predictive dialer gives our collectors more time to produce results, by spending their time doing what they do best: Talking with your customers.
For example, a customer who is difficult to reach may require 30 to 40 attempts to make a single contact. For an agency without a predictive dial system, contact is highly unlikely. With GC however, we can dial an account hundreds of times, if necessary, to make contact. As a practical matter, after 30 or 40 unsuccessful attempts, our system will default the account to a management queue, where it will be reviewed and researched for a new contact number. Once a new number for the customer is identified, the account will be re-downloaded into the system, and our dialer will begin again.
Unattended Messaging provides even more contacts to CBC
This technology allows CBC to send out automated messages to your debtors. This is helpful because we can make calls during legal calling times, even if these times are outside of our normal business hours. The automated message informs the debtor that they have a very important business message and to please call our office during business hours to discuss the matter. No private health information or other sensitive information is given so that if a third party hears the message, they will not know that it is communication from a debt collector.
Our approach to searching for debtors utilizes many different Skip-Tracing tools
CBC utilizes multiple approaches to finding debtors. Among the tools used are skip and credit reports, directory assistance and neighbor searches. In Addition, CBC can send automated research files to be scrubbed by NCOA, Accurint, TransUnion, Experian and others! We have a dedicated team for skip-tracing that does nothing but locate debtors.
Our software is supported 7 days a week, 24 hours a day by Ontario Systems. They access our system through a secure online connection, and they are always available for on-site maintenance to handle any software problems or programming needs. We also have a systems manager on staff that has been with us since 1980. Hardware support is provided by Delta Data and RTL Technologies 24 hours a day, which guarantees minimal downtime.