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- When considering debt collection software, keep the following factors in mind12:
- Customizable compliance settings: Look for software that allows you to tailor debt collection practices to legal requirements or industry standards.
- Automated compliance checks: Prioritize software that automates compliance checks.
- Scalability for growing debt portfolios: Choose software that can handle increasing numbers of accounts.
- Customer support and service level agreements (SLAs): Assess the level of customer support provided.
- Invoicing capabilities: Consider whether the software can customize and generate invoices.
- Performance indicators: Look for software that tracks credit control using performance indicators.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Considerations when purchasing debt collection software
www.softwareadvice.com/debt-collection/When comparing debt collection software, consider the following factors:
- Customer accounts: Debt collection software pricing and features are determined by the number of customer accounts.
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