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Improving searchability is one of the key drivers of implementing document management

Charging customers to cover administrative cost of processing letters?

Passing cost to customer

In process of tightening control over pay day lenders the Financial conduct authority(FCA) has fined the much advertised wonga.com. Amongst other unfair collection processes Wonga has charged customers to cover administration fees associated with sending letters.

There are better ways to cover admin costs and DCS has helped various financial organisations reduce cost of their debt collection process by digitizing client letters and documents as they are received. This reduces the administrative burden and makes it easy and cost-effective to share documents between buyers, lenders and any other third parties involved.

Read more about our debt collection solutions or request a call back for a free consultation.

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DCS Neopost Digital Mailroom

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Data Capture Solutions introduces the modern digital mailroom for maximum document processing efficiency

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Accelerating business growth with Kofax Total Agility

How can you benefit by upgrading to KTA - first of its kind smart process application platform? Join us on 11 Feb to discuss and hear from industry specialist Dermot McCauley, VP Kofax.
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