The Ascent Group, Inc.

Credit & Collection Practices 2008

This 162-page color report delivers the results of our research on credit and collection practices and technologies. This is the first annual study of collection practices conducted by the Ascent Group.

The Ascent Group benchmarked credit & collection practices to uncover the most effective techniques and strategies for improving collection performance and reducing uncollectibles. We have researched customer service organizations across the U.S. to provide a thorough overview of best practices in credit and collections.

In this report, we explore how companies are balancing the cost of collection to reduce uncollectibles and improve the bottom line. We also examine the technologies that have retooled credit and collection processes for maximum effectiveness and efficiency. Finally, we look at how companies have established credit policies to support collection efforts.

This report profiles participants in a case study format, sharing current practices, lessons learned, challenges overcome, plans for the future, and business practices that have led to improved performance. In addition, we will provide detailed results and analysis from the survey itself and detail "best practices" demonstrated by our participants. Finally, we explore the successes achieved.

Published: August 22, 2008.

View analysis and exhibit list from the report.

Download a Research Summary from the study.

Benchmark your credit & collection practices.