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Improve your debt collection success rate

Debt collection can be greatly improved when coupled with SMS and automated voice calls.

Johannesburg, 28 Oct 2014

Debt collection is no easy task, many businesses find this to be a time consuming task that utilises a considerable amount of company resources.

For over 12 years, LogicSMS has been working with companies to improve their collection rates by harnessing the power of SMS. LogicSMS generates a risk profile for each debtor and based on the risk profile sends a personalised SMS or automated voice call before payment is due.

"We find that the right message sent to a customer prior to a debit order going off increases the likelihood of collection," says Yitzi Lipschitz, a director of LogicSMS.

"Most customers want to pay their bills; however, without a warning they may not have the correct amount of funds available, which leads to a bounced debit order, this increase costs," adds Lipschitz.

LogicSMS manages the whole collection notification process, all that is needed is a debtors ledger and a cellphone address book. LogicSMS then profiles the debtors and manages the communications. In our experience customers notice a visible difference in their collection rates, when signing up with LogicSMS's managed collection systems.

For futher details contact LogicSMS today. http://www.logicsms.co.za

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LogicSMS

LogicSMS is a wireless application service provider based in Johannesburg. LogicSMS was established in 2001 and provides mobile and telecommunications solutions including SMS, PremiumSMS and voice technologies.

Editorial contacts

Yitzi Lipschitz
LogicSMS
011 287 2214
sales@logicsms.co.za