Five ways analytics and automation can increase recoveries, improve compliance, and reduce hassle.
Measuring litigation performance:
Gather complete information for better control.
Automating litigation management:
Substantially reduce time to recovery.
Managing vendors:
Find a more efficient way to use your vendors.
Improving compliance:
Ensure rules are followed and take action when they aren't.
Optimizing law firm performance:
Ensure legal fees are spent wisely.
Creditors are responsible for the actions of the law firms and other service providers they hire.
Multiple back- and- forth transactions between the creditor and law firm leaves room for mistakes.
The total return from recoveries is significantly lower for an outsourced litigation program.
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