Part of the challenge for most companies is that neither billing nor revenue collection are core competencies. Collective Dynamics can provide you with this expertise. As an example, we recently conducted a Revenue Collection Lifecycle project at a major national biller and identified over $12 million in cost reduction that was achievable by optimizing their payment mechanisms/mix.
Deliverables that proved useful to this particular organization included:
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A schematic view of the Revenue Collection Lifecycle (and interdependencies) as it operates within the organization |
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Analysis and comparison of the costs of receiving consumer payments through various payment channels and using various payment types. |
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Comparison data for separate geographic regions versus industry norms |
We would like to have the opportunity to discuss a similar study with you. For more information contact: Steve White at swhite@coldyn.com or at 770-392-9944 |
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1400 Marketplace Blvd, Suite 226, Cumming GA 30041 voice 404-735-4443 fax 770-886-9760 
