Boost Your Credit Union Collection Services Credit Unions
Credit unions looking to increase the overall effectiveness of their collection services and the recovery of debt should look to training – a pivotal factor that can align the functions of performance and compliance.
Credit unions looking to increase the overall effectiveness of their collection services and the recovery of debt must understand the relationship between performance and compliance in order to positively impact the bottom line: maximizing recoveries. Strength in one area actually reinforces success in the other. Training is the pivotal factor that can align both functions so that the synergies of each area will positively influence the other.
Training Can Bridge the Gap
An effective organizational training program aligns compliance, operations, performance and company mission for success. Unfortunately, more often than not, many organizations find themselves with a disconnect in these areas. This breakdown, whether it be based on communication, implementation, or regulatory awareness and compliance, leads to underwhelming performance and growth rates.
Training can bridge the gap between where you are and where you would like to be.
