On Wednesday the 16th of September, Arum, in partnership with the Credit Services Association (CSA), hosted a webinar on the tsunami of debt.
The topic discussed was:
Is your organisation ready for the tsunami of debt on the horizon?
About this webinar
Creditors are expecting a massive surge in collections customer volumes as payment holidays and furlough are due to expire soon, and banks have already announced significant provisions for bad debts.
The pending spike of delinquency and vulnerability will have more far-reaching repercussions than what we have experienced before - are you prepared for the next phase of impact?
At Arum (the only truly independent company offering services across the credit management lifecycle), we’ve developed a comprehensive COVID-19 Exit Strategy Playbook which will give you guidance on what to consider and how to structure your thinking as you plan for the ‘new normal’.
Principal Consultant at Arum, Chris Warburton, gave an exclusive peek at the playbook contents and guidance on:
- COVID’s timeline of impact on collections
- How this is accelerating existing trends within the industry
- What to consider when planning for the new normal.