To be efficient and successful in collections you need the right information at the right time. Debtor data changes quickly, which makes monitoring debtor accounts a necessity despite how tedious it can be.
Manual searching of multiple resources is a slow process. Not only does it impede your workflow, but it’s often unproductive. Imagine how many hours you’d save each week if you could streamline that task.
LexisNexis® Account Monitoring automates and accelerates the account update process. It automatically notifies you when new information on debtors becomes available, from changes in phone and address information to updates on bankruptcy filings, property ownership and more.
https://risk.lexisnexis.com/insights-resources/video/monitor-debtor-accounts