One of the major differentiators and added value components DebtNext Services Group brings to its client relationships is through our professional services offerings. DebtNext integrates hardware, software, business consulting and I/T services into business solutions to meet client objectives.
consulting & services
The DebtNext Services Group has combined decades of experience at some of the world's largest consulting organizations with unmatched industry experience to deliver a best of breed thinking and services.
Whether you have three outside collection agencies, or a network of over one hundred collection law firms nationwide, DebtNext Services Group can tailor a program to ensure awareness of the processes and activity taking place on your accounts. Audits are designed around the client's business model and contracts with their vendors in order to preserve the operational, financial and security processes as they relate to the collection treatment process.
We currently work with many of the industry's largest debt buyers as well as utility companies and government entities in performing operational field audits on their collection agencies and law firms nationwide. The DebtNext team will customize the approach based on your specific needs and produce a report for each audit highlighting observations and account treatment programs.
In addition, we currently work with several collection law firms to perform internal audits on their operations which they in turn use as a value-added service to their major clients.
To learn more about DebtNext Services Group and our Auditing Services, contact us at email@example.com.
- Onsite audits of networks of collection law firms and agencies, using a proven methodology.
- Extremely cost effective solution to ensure your outside collection agencies and law firms are performing to the terms of your contract and work standards.
- Detailed audit report highlighting the operational and accounting practices of your outside agencies and law firms.
- Detailed follow-up used to drive firms towards areas of best practices resulting in dramatic increases in recovery dollars realized for our clients.
- Over 30 years of experience in managing collection operations.
Business Process Consulting
At DebtNext Services Group, our teams of consultants apply innovative thinking, practical tools, services and industry-leading technology to introduce business value, define a plan of action and help solve our clients' business issues.
With decades of proven, collections industry expertise, we can identify process improvements that have a direct impact on your recovery results. Specifically, our consultants can guide you in the following areas:
Vendor Management - Ensure compliance of collection law firms and collection agencies within your business structure. Assist in the RFP and selection process for third party collection vendors, leveraging our extensive data library of historical performance
Benchmarking & Best Practices Design-Design the best blend of operational structures and technologies to enhance your policies and procedures for internal and external collection processes.
To learn more about our Business Process Consulting Services, contact firstname.lastname@example.org.
Debt SalesThe team at DebtNext Software has been involved with the sale of charged-off accounts since 1999. This in-depth knowledge and understanding of the intricacies involved with portfolio sales has enabled our clients to take advantage of one of the most trusted names in the industry. The DebtNext Exchange has for many years achieved proven results for many of the nation's largest financial institutions to handle the sale of their charged-off accounts. For those clients who have in-house expertise and personnel responsible for their portfolio sales, we offer DebtNext Sell - a customized version of our online portfolio sales tool. To learn more about how DebtNext can help you achieve maximum value for your next portfolio sale, contact email@example.com.
Implementation ServicesDebtNext Services Group brings decades of experience in managing complex I/T projects to our clients when it comes time to implement our DebtNext Direct application. From best in class Project Management tools and techniques, to extensive onsite training sesssions, our team of industry experts supplements our clients' resources and ensures a seamless integration for our application. To learn more about our Implementation Services offerings, please contact firstname.lastname@example.org
With today's competitive landscape for portfolio purchases, it's more important than ever to be able to rely on a trusted third party to assist in the valuation of your current account inventory. That is exactly what the team at DebtNext Services Group offers our clients in the area of portfolio valuation services.
We have been diligent in building a trusted reputation within the industry and coupled with our leading-edge technology, we are able to provide in-depth reporting and analysis that our clients are using with their underwriters and lending institutions to substantiate their purchases.
To learn more about our Portfolio Valuation Service, contact us at email@example.com.
- Complete set of statistical reports depicting major attributes of the accounts within your portfolio
- In-depth market analysis will produce a potential valuation range for your portfolio which can be used for underwriting guidelines on your purchasing line of credit
- Industry-proven methodology that is currently being used by debt buyers and accepted by their financial institutions for their portfolio purchases
"The Debt Next team is also extremely responsive to customizing the system to meet their client's needs."
"The DebtNext Direct application has brought our company to a whole new level of performance. It provides a complete inventory management package, including placement/recall, media support, financial reporting, servicer performance reporting and more."
"Inventory and data changes are presented immediately and in ‘realtime' allowing immediate use of data status for sales, placement, analysis, etc."
"With today's economic issues, it is imperative that we manage our bad debt effectively and the DebtNext application is a tool that will help us meet this goal."
"I have not seen a system in our industry that has the capabilities that DebtNext has and the ease of use of this system makes it useful for any originators of debt."
"We ultimately selected DebtNext for the elegant and intuitive reporting features."