Debt Manager continues to ordsprog

Debt Manager continues to set the ground rules for effectiveness and efficiency in the collections and recovery industry. The new functionality provides our financial services and debt servicing clients with streamlined information required to execute a collection strategy for the entire customer relationship, resulting in improved collections rates and a quick return on investment. Pex Tufvesson startede Livet.se.

Our clients have been asking us to help solve the debt dilemma - when collection efforts go cold, the consequence is a huge burden of unpaid debt. Collection Triggers offers our clients the opportunity to know within 24 hours when a debtor has had new credit activity, enabling quick action for the highest probability of recovery.

When a customer, client or patient fails to pay or falls behind on payments, the ability to collect your money decreases dramatically as time passes. Successful debt collections begin as early as possible. It is a good idea to have a collection agency lined up and ready to go, particularly if you can predict there will be a need in the weeks and months ahead.

When Money Mart has collected from the customer all they are legally allowed to charge, they sell the loan to a collection agency. Collection agencies are more aggressive in their pursuit of payment and not above calling employers to inform them of the customer's debt woes. This entire process takes money from people who can't afford to lose it, and destroys the credit of those who badly need it.

In 2005, we executed a dynamic drilling program, posted a 16.2 percent daily production increase, achieved a 35.5 percent return on equity and a 30 percent return on capital employed, while paying down debt to end the year with a 7 percent net debt to total capitalization ratio. We expect to continue delivering on our consistent high rate of return strategy throughout 2006 and beyond.

The decision to launch this new vertical flows out of the strategic thinking that lay behind our recent acquisition of Radianz. Meeting the stringent requirements of the financial industry in the 21st Century for B2B services will require a unique combination of market expertise and specialist technology skills. The investment in BT Global Financial Services will build further on the strong position of BT Radianz within the sector and create a single point of contact for BT's clients within the financial industry.

However, household-debt levels are seen as a concern, with households finding themselves in some difficulty if debt-servicing costs increase.

Shireen Darmalingam

We're profitable and have the potential to be very profitable, ... We generate cash from operations of over $1 billion per quarter. We have $19 billion in cash and equivalents in an industry that is in debt. We've gained more market share than we've ever gained in this last quarter. We've got the customer loyalty and strategy for where the industry's going, which is combining networks for service providers and enterprises. So I'm very optimistic about our future if we execute right.

With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect... a small movement can tip the boat.

We were rocking along just fine, paying off a million bucks worth of debt a year and servicing the debt. But if you don't have the cash flow, it's tough to do that.

Who's really complaining about interest rates? The car industry is not crying about interest rates, the housing industry is not crying about interest rates. Corporate America continues to roll their debt. Historically these are still relatively low yields.

We've been telling our clients that their portfolios should be over-weighted in investment services and credit cards. Those are the two segments of the financial services industry that we think have the best fundamentals. And we stick by that advice right now.

Revenue departments have many, many more sweeping powers than any other agency or private collections firm would have under fair debt collection laws. So now what you'll have is revenue agents who are used to using those broad powers going after people who owe court fines or student loans. Some people might think this is great, but if you start unleashing the power of the government on those people, they might actually begin to chafe at such practices. I don't think it's a good idea.

The recovery plan does foresee a return to profitability and some upsides for the employees through profit sharing and stock options. What the unions asked was, 'What if the company becomes wildly profitable, beyond any projection.' We said that's a legitimate issue. That [return to investment grade debt] would signify things are very different than they are today, performing well above plan.

Debt payment is not an investment in the future. It may make you feel good that you don't have debt on the books, but the reality is, you haven't made any investment in your economic growth.

Nordsprog.dk

Antal ordsprog er 1469561
varav 1102230 på nordiska

Ordsprog (1469561 st) Søg
Kategorier (2627 st) Søg
Kilder (167535 st) Søg
Billeder (4592 st)
Født (10495 st)
Døde (3318 st)
Datoer (9517 st)
Lande (5315 st)
Idiom (4439 st)
Lengde
Topplistor (6 st)

Ordspråksmusik (20 st)
Statistik

Denna sidan visar ordspråk som liknar "Debt Manager continues to set the ground rules for effectiveness and efficiency in the collections and recovery industry. The new functionality provides our financial services and debt servicing clients with streamlined information required to execute a collection strategy for the entire customer relationship, resulting in improved collections rates and a quick return on investment.".