Better Debt

InDebted

Hear the latest market insights and new perspectives that are shaping the future of debt collection, from speakers across the global credit and collections industry. Hosted by InDebted's CEO & Founder Josh Foreman, Better Debt helps you stay on top of:• Market and data informed insights that are shaping how consumers are engaging with their debt• How to leverage the most recent innovations and advancements• Ways to challenge the status quo, evaluate your collections strategy and truly measure success 

  1. Prepare now or pay later: strategic collections investments in economic headwinds

    ٢ مايو

    Prepare now or pay later: strategic collections investments in economic headwinds

    "We're either getting on board with AI or getting left behind. When things start moving at such a dramatic growth curve, what other option do we have?" In this compelling discussion, industry veterans Adam Parks (Founder, Receivables Info) and Josh Foreman (CEO & Founder, InDebted) examine the critical strategic investments collection organisations must make to navigate the challenging economic landscape ahead — from AI adoption to digital communication strategies. Key takeaways include: AI's accelerating adoption: The percentage of collection companies exploring AI saw a 40% increase in just one year. Despite initial skepticism, 61% of companies now find AI to be a worthwhile investment, with that number rising to 75% for larger companies. The shift to customer-centric collections: How collections has transformed from a performance-driven operation to an e-commerce business focused on customer experience, with some leading organisations now measuring consumer repeat purchase likelihood based on the collections organisation they interact with Economic warning signs: Analysis of TransUnion's data showing alarming trends in credit originations and consumer payment behaviors that signal potential market disruption exceeding 2008 recession levels Strategic workforce solutions: Practical approaches to talent challenges when 88% of companies report hiring difficulties, including technology augmentation to do more with less Digital communication imperatives: Why the shift to mobile (some agencies seeing 90% mobile traffic) and self-service options (88% now using payment portals) are no longer optional, but essential for survival in the new collections landscapeWelcome to the Better Debt Series, where — you guessed it — we’ll be talking all things related to making debt collection better.

    ٥٥ من الدقائق
  2. Digital collections done right: hard truths & untapped opportunities

    ٣ مارس

    Digital collections done right: hard truths & untapped opportunities

    Why aren’t digital collections delivering the expected ROI for many organisations? In this candid discussion, industry veterans Scott Hamilton (CEO, ARM Tech Advisors), Kristyn Leffler (CPO, InDebted), and Josh Foreman (CEO & Founder, InDebted) share unfiltered insights about what actually works in modern collections technology. Drawing from decades of collective experience, our speakers explore: The data disconnect: Why poor data hygiene and lack of business context between creditors and collectors continues to undermine even the most promising digital initiativesMistakes to avoid: Common pitfalls that sink technology projects, from inadequate measurement to “side of desk” implementations that aren’t given proper resourcesThe customer journey perspective: Why successful digital strategies must consider the entire experience rather than just implementing isolated channelsFuture opportunities: How AI, sentiment analysis, and real-time data aggregation are creating opportunities for organisations willing to invest in a more sophisticated approachInvestment strategies that pay off: Why upfront analysis and proper integration are critical to digital success, and why patience and persistence are necessary to avoid abandoning initiatives prematurelyWelcome to the Better Debt Series, where — you guessed it — we’ll be talking all things related to making debt collection better.

    ٤١ من الدقائق
  3. Collections in 2025: Opportunities for agencies, law firms and debt buyers

    ٧ فبراير

    Collections in 2025: Opportunities for agencies, law firms and debt buyers

    Digital transformation is reshaping collections, and organisations across the industry are adapting to stay competitive. From debt buyers to law firms, and third-party agencies to fintech companies — everyone's asking the same questions: How do we modernise effectively? When should we do it ourselves versus outsource and partner? And how do we maintain compliance while improving the customer experience? In this insightful discussion, Mike Cassidy, COO of Velocity Portfolio Group, joins Josh Foreman, InDebted's CEO and Founder and Brad Bone, Managing Director (US) at InDebted, to explore: • How emerging technologies like AI could transform both consumer experience and operational efficiency — and why establishing clear guardrails will actually accelerate innovation by giving organisations the confidence to adopt these tools safely • Why education and understanding of new technologies is crucial before implementation, with real insights from industry leaders on what's working (and what isn't) • RMAI's crucial role in industry education and advocacy, with Michael Cassidy sharing his vision as candidate for the RMAI Board of Directors • Making the most of your data assets through strategic partnerships, and why trying to build everything in-house might be holding you back Welcome to the Better Debt Series, where — you guessed it — we’ll be talking all things related to making debt collection better.

    ٤٤ من الدقائق
  4. Transforming enterprise collections with InDebted and Receeve

    ٢٨ يناير

    Transforming enterprise collections with InDebted and Receeve

    What happens when a leading third-party collections partner joins forces with an enterprise-grade collections decisioning software provider ? Following InDebted’s recent acquisition of Receeve, this conversation explores how the two companies’ strengths complement each other to create something uniquely powerful in the collections space. InDebted CEO Josh Foreman and Receeve Founder Paul Jozefak discuss: Next-generation collections: Building an enterprise platform that automates and visualises the entire collections process, moving beyond simple communication tools AI and automation: Why both companies prioritised AI capabilities from day one, and how this shared vision will help drive stronger performance at lower cost Complementary capabilities: Uniting Receeve’s first-party collections software with InDebted’s proven digital collections expertise to serve clients across the entire collections lifecycle Enterprise innovation: How enterprise organisations can take quantum leaps ahead in modernising their collections through smart orchestration layers that work with existing infrastructure, not against it Future opportunities: The potential to expand into managed services, responding to growing market demand for flexible, hybrid collection solutionsWelcome to the Better Debt Series, where — you guessed it — we’ll be talking all things related to making debt collection better.

    ٣٣ من الدقائق
  5. Innovating and diversifying your collections panel

    ٠٨‏/٠٧‏/٢٠٢٤

    Innovating and diversifying your collections panel

    Implementing new and innovative collections solutions is a big leap for many organisations. But there’s no time like the present, and customer preferences are clear - digital, personalised solutions are here to stay. By diversifying your collections operation, you can improve your customer experience, minimise risk, and innovate your collections - all while maximising your recoveries to new heights. Learn from someone who’s done it all before, as Justin Parker from 2nd Order Solutions (previously, Upstart, SoFi, Synchrony and CitiBank) joins this episode of Better Debt to share how you can: Vendor selection: How to know when it’s the right time to partner with an external agency, screen potential partners for alignment to your values & business goals, or diversify your existing collections panel to bring fresh expertise and try new ways of engaging customersVendor management: How to drive performance through KPIs and healthy competition such as scorecard methodology for your collections partnersVendor strategy: How to implement a champion/challenger approach to put your existing suppliers to the test and compare digital and traditional channels Watch the live recording of the episode here.  #CollectionsPanel #Recoveries #BetterDebt Welcome to the Better Debt Series, where - you guessed it - we’ll be talking all things related to making debt collection better. Welcome to the Better Debt Series, where — you guessed it — we’ll be talking all things related to making debt collection better.

    ٤٤ من الدقائق

حول

Hear the latest market insights and new perspectives that are shaping the future of debt collection, from speakers across the global credit and collections industry. Hosted by InDebted's CEO & Founder Josh Foreman, Better Debt helps you stay on top of:• Market and data informed insights that are shaping how consumers are engaging with their debt• How to leverage the most recent innovations and advancements• Ways to challenge the status quo, evaluate your collections strategy and truly measure success