I have more than 20 years experience in B2B Debt Collection . My experience includes a comphensive understanding of the full debt path and most importantly the points where intervention is most effective to prevent aged debt to protect the bottom line by achieving favourable Bad Debt Charge targets.
I comfortably can say that through my influence that Debt Collection reached circa >£80m in 2022 at my current placement/organisation
I had developed a special collection process in mid 2022 which alone influenced > £20m which prevented aged debt , beat bad debt charge targets and saved external Litigation costs
I am pretty sure this unique process is not currently used widely in other organisations