"Tools
for Success" webinar to
show collection agencies how
focusing on key metrics can
increase profitability
VANCOUVER,
Wash – February 23, 2010 - Columbia
Ultimate, an expert in
technology and integrated
solutions for the collection
industry, today said it will
host a webinar on March 11,
2010 sharing strategies with
collection agency managers on
how to stay profitable in a
challenging economy.
The
webinar, entitled "Tools
for Success", will cover
practical solutions for
collection agencies to improve
profitability in 2010. The
focus will be key metrics to
monitor success, including how
to identify your best clients
and agency work standards. The
webinar will also highlight
ways to identify and manage
expenses to counter the
problem of rising account
volumes accompanied by
declining liquidation rates.
Columbia
Ultimate realizes that
collection agencies face major
challenges in 2010, and among
them is the need to determine
the real cost of doing
business with each client. If
an agency spends more to
collect on an account than it
makes from its collection
efforts, then it will lose
money, no matter the volume of
accounts or the size of the
client. Taking time to
effectively evaluate accounts
is the first step to
profitability for a collection
agency.
"We
are committed to ensuring our
clients' success, and our
client care program,
encompassing attentive client
service, training and on-going
educational programs, is at
the heart of that
commitment," said Fred
Houston, president and CEO of
Columbia Ultimate.
"Educational webinars are
an increasingly important part
of the company's ongoing
Industry and Education
Outreach Program," he
noted.
If
you would like to register to
attend this educational
webinar, please contact Columbia
Ultimate.
About
Columbia Ultimate
Columbia
Ultimate, an innovator since
1979, delivers integrated
collection software with
attentive client care,
analytics and call management
solutions that empower
organizations to maximize
profitability in an
increasingly competitive
environment. Collection
agencies, banks, healthcare
and retail organizations,
along with state, county and
local governments across the
country rely on Columbia
Ultimate for their collection
needs. Columbia Ultimate is
privately held with
headquarters in Vancouver,
Washington.