Remove capabilities
article thumbnail

10% rise in Business Insolvencies predicted by Experts

UK debt collections

Sectors such as retail, manufacturing, construction, and real estate are particularly vulnerable due to weaker demand and higher borrowing costs. Firms will continue to face costly financing, maintaining concerns over their capability to absorb the costs of borrowing and mitigate the pressure on overall profitability.

article thumbnail

Choosing a Payment Gateway for Your Accounts Receivable Business

PDC Flow

Manufacturers and suppliers - those making or supplying goods are likely to require electronic invoicing capabilities. . It’s important to take into account the needs your business has regarding how you collect payments. Brick and mortar - physical stores will need a gateway that supports point of sale (POS) transactions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Santa Challenge 3: Match the Gifts to the Kids!

Fico Collections

In terms of sourcing suppliers for these just-in-time gifts, the FICO Platform’s optimization capabilities are the perfect choice again. We do work like this for leading manufacturers, energy companies and others worldwide. Our decision modelling and optimization provides the best possible decision at the individual level.

article thumbnail

4 Data Best Practices for a Timeless Digital Customer Experience

Fico Collections

Financial institutions should be strategic in how they approach digital transformation so that they get the right capabilities on the first try to manage data and customer actions across the business. For example, getting more customers to respond to a collections interaction and pay or promise to pay.

article thumbnail

The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

Rich Zellner: Customers have long researched new purchases online, but when coronavirus-related lockdowns started keeping people at home and out of showrooms, auto manufacturers and dealers quickly accelerated their digital transformation. Q: How has COVID changed the way that dealers sell cars? Q: How are dealers re-deploying sales people?

article thumbnail

The Pandemic Is Accelerating Auto Dealers' Digital Transformation

Fico Collections

Rich Zellner: Customers have long researched new purchases online, but when coronavirus-related lockdowns started keeping people at home and out of showrooms, auto manufacturers and dealers quickly accelerated their digital transformation. Q: How has COVID changed the way that dealers sell cars? Q: How are dealers re-deploying sales people?

article thumbnail

Top 5 Customer Development Posts of 2020: COVID and Beyond   

Fico Collections

In this category, COVID-19 was a pressing topic but didn’t dominate the discussion as it did in the Debt Collection & Recovery category. FICO’s suite of interconnected Acquisition, Origination, and Growth capabilities for Telecommunications helps organizations do exactly that. Here are our top 5 posts from 2020. #1.