Local Government is a diverse sector and while there are similarities to other industries, there are also significant differences, particularly in regulation, that govern the funding and delivery of services.
The debt recovery process throughout Local Government also continues to be in a state of evolution with emphasis on arrears collections. Some innovations and technology are being leveraged to quickly design and deliver strategy change, with the flexibility to adopt best practice from other industries. Workflows are looking to be automated, and best practice adopted in specialist treatment areas such as vulnerability.
QUALCO can help local government deliver this change with fully featured and flexible functionality:
Local Authorities typically have complex processes and legacy systems. Being nimble and flexible to adopt new processes can be a challenge.
System development can be protracted, with shortcuts and workarounds often made to accommodate resulting in a lot of manual processes that can be difficult to control and manage, with cascading impacts to system stability should something go wrong.
QUALCO can help to mitigate this risk:
Local Authorities operate across the full range of demographics and each Council faces unique challenges to their strategies and ability to collect the debt as a result.
The challenge is often heightened by a fragmented approach to collection and data inaccuracy (in particular, with tenants). Debts, such as parking fines, leverage other government data, however, information cannot always be easily shared to allow more effective management of the collections contact strategy. A critical factor in effectively sharing information is data quality. Data must be right, consistent in definition and ideally augmented with other attributes, including those from external parties such as credit bureaus.
This requires coordination, data mapping, understanding of data handling and management of data sources. Doing so enables the opportunity for improved collections; doing well can transform your process and create dramatically improved experiences, driving collections improvement.
Use QUALCO’s expertise to drive best in class segmentation and use of data:
Legacy systems and processes often make advancements within Local Government difficult.
Existing systems were designed to administer application for services rather than collection or recovery of income. Limited options and the prohibitive costs of change can make procuring new systems and technology difficult and the process complexity can be a barrier to entry for some vendors.
The use of modern collections technology and processes will undoubtedly help accelerate progress in the recovery of arrears in Local Government. It allows the introduction of new collections contact channels, digital technologies throughout the recovery of arrears.
A flexible and agile collections and recoveries platform can link to legacy systems and provide the benefits needed. They are enablers to allow the introduction of new techniques such as segmentation, enhanced processes in areas such as vulnerability and provide a platform for champion challenging collections strategy. They can provide benefits to both the local authority and the resident themselves.
How QUALCO helps:
QUALCO’s technology ecosystem helps you leverage data to gain customer insights, understand account behaviours and flexibly drive effective collections strategies to stay in control. Use the latest tools and techniques to minimise losses, optimise cost whilst creating good customer journeys and outcomes.
ENABLES LOCAL GOVERNMENT AGENCIES TO:
ENABLES LOCAL GOVERNMENT AGENCIES TO:
[Whitepaper] Building a resilient Debt Management Mechanism to overcome the Rising Cost of Living