Collections Solution

    AI Voice Agents for Debt Recovery

    Recover outstanding payments faster with AI agents that handle collections calls professionally, empathetically, and in full compliance—reducing costs by 75% while improving recovery rates.

    Cost Savings & ROI Benefits

    75-85% Lower Collection Costs

    Traditional Cost: $15-30 per call with collection agents ($40,000-60,000 per agent/year)

    AI Cost: $2-5 per call handled

    Savings: $13-25 per call = $260,000-500,000 annually for 20,000 calls/month

    ROI: 10-15x in first year for collection agencies

    25-40% Higher Recovery Rates

    Industry Average: 15-25% recovery rate on delinquent accounts

    With AI: 30-40% recovery rate due to 100% follow-up consistency

    Result: Recover $400,000-800,000 more per $2M in outstanding debt

    AI never forgets to follow up or gives up too early

    10x More Accounts Contacted Daily

    Human Agent: 80-120 collection calls per day

    AI Agent: 800-1,500 calls per day with perfect persistence

    Result: Contact every delinquent account within 48 hours

    Reduce Days Sales Outstanding (DSO) by 30-45%

    100% Regulatory Compliance

    Compliance Risk: Human agents can make mistakes leading to FDCPA violations

    AI Advantage: Always follows script, never harasses, perfect documentation

    Result: Zero compliance violations or legal complaints

    Avoid $5,000-50,000 per violation in fines and legal fees

    Debt Recovery Use Cases

    Early-Stage Collections (1-30 Days Past Due)

    Scenario: Customer payment is newly overdue

    What AI Does:

    • • Calls customer 1-3 days after payment due date as friendly reminder
    • • Verifies customer is aware of outstanding balance and due date
    • • Offers to process immediate payment over phone (credit card, ACH)
    • • Sends payment link via SMS or email for convenience
    • • Schedules follow-up call if customer commits to specific payment date
    • • Escalates to human agent if customer disputes charge or has hardship

    Business Impact:

    • Early Recovery Rate: 60-75% pay within 7 days with AI reminder
    • Speed: Contact 100% of accounts within 24 hours of delinquency
    • Prevention: Stop accounts from aging into harder-to-collect buckets
    • Cost: $3-5 per account vs $18-25 with human agent

    Mid-Stage Collections (31-90 Days Past Due)

    Scenario: Account is significantly delinquent but not yet charged-off

    What AI Does:

    • • Calls daily/weekly with increasingly urgent (but respectful) messaging
    • • Offers payment plan options (50% now, 50% in 30 days, etc.)
    • • Negotiates settlement amounts within pre-approved parameters (e.g., 70% of balance)
    • • Warns about consequences of non-payment (credit reporting, legal action)
    • • Documents all promises to pay and follows up on commitment dates
    • • Transfers to senior collection agent for accounts over certain thresholds

    Business Impact:

    • Recovery Rate: 35-50% of mid-stage accounts pay with AI persistence
    • Contact Frequency: 100% follow-up rate vs 40-60% manual
    • Time to Resolution: Reduced from 60 to 35 days average
    • Revenue Impact: Recover $300,000-600,000 more annually per $1M debt

    Late-Stage Collections (90+ Days Past Due)

    Scenario: Account is severely delinquent and approaching charge-off

    What AI Does:

    • • Makes multiple contact attempts daily across different times of day
    • • Offers aggressive settlement discounts (30-50% of original balance)
    • • Explains final opportunity before account goes to legal collections
    • • Negotiates any payment plan to avoid complete write-off
    • • Accepts partial payments and immediately processes them
    • • Transfers to specialized late-stage agent for final negotiation if debtor engages

    Business Impact:

    • Recovery Rate: 15-25% of near-charge-off accounts recovered
    • Cost Avoidance: Save 25-40% contingency fees paid to external agencies
    • Write-Off Reduction: Decrease charge-offs by $200,000-400,000 annually
    • Persistence: AI never gives up too early due to emotional fatigue

    Payment Plan Management & Reminders

    Scenario: Customer is on payment plan and needs ongoing reminders

    What AI Does:

    • • Calls 24 hours before each scheduled payment is due as courtesy reminder
    • • Confirms customer still has payment method on file and can honor commitment
    • • Processes payment immediately over phone if customer is ready
    • • Renegotiates payment plan if customer is struggling to meet terms
    • • Congratulates customer when final payment is made
    • • Escalates to human agent if payment plan is broken repeatedly

    Business Impact:

    • Plan Completion Rate: 70-80% vs 45-60% without reminders
    • Broken Promise Reduction: 50% fewer missed payments
    • Cash Flow: More predictable collection timeline
    • Customer Relations: Supportive reminders maintain positive relationship

    Debt Recovery Success Metrics

    40%
    Recovery Rate Increase
    10x
    More Calls Daily
    $3
    Cost per Call (vs $25)
    100%
    Compliance Rate

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