FlexCollect® Synch: Creating a Coherent Collections Dialogue
FlexCollect Synch delivers efficiency and effectiveness gains, mainly by overcoming the operational barriers erected by siloed organizations and technology platforms, which lead to uncoordinated offers, treatments, and communications. With FlexCollect Synch, clients deploy a single, unified collections dialogue with each customer, allowing them to:
- Increase payment yield (reducing charge-offs) by reaching customers that aren't engaging using traditional approaches
- Reduce roll rates by capturing payments earlier
- Right-size channel spend by targeting dialogue based on debtor preference
- Measure effectiveness and optimize more quickly by seeing the performance of all offers, treatments, and communications per debtor
- Leverage champion/challenger data across the entire dialogue to more quickly adapt collections strategies as part of a continuous optimization program
- Retain valued customers by engaging them in mutually beneficial dialogue rather than inundating customers with offers they won't take using channels they don't use or like
FlexCollect Synch creates a single, unified collections dialogue by leveraging the core components that encompass CMC's unique intellectual property, including the FlexCenterSM, FlexSiteSM, FlexStationSM (for Agents), FlexPortSM and the FlexConnectSM interface management system.


