October 27, 2008: Rockville, MD – Kaulkin Ginsberg, the leading provider of advice, expertise, and information to the accounts receivable management industry, today released “Modeling Recoveries of Post-Chargeoff Receivables,” an executive brief that examines the characteristics of successful financial models and suggests ways they are changing in light of the recent shift in the economy.
Credit issuers that have designed and utilized certain financial models to guide their recovery operations are best equipped to limit bad debt expenses in the current recession, according to Kaulkin Ginbserg.
“A functioning and evolving financial model should be a centerpiece of every credit issuer’s recovery operation,” said Paul Legrady, a Director of Kaulkin Ginsberg. “By analyzing strategic alternatives within these models, recovery executives can limit the waning liquidity of their receivables, extract the greatest value from their recovery networks, and increase the likelihood of an optimized recovery strategy.”
The executive brief argues that
- Financial models governing recovery operations are based on net present value analysis
- The assumptions incorporated into these models largely dictate choices in recovery strategy
- These models must evolve in response to current economic conditions
- The financial pressures facing banks and card issuers put these models in perspective
Consulting services provided by Kaulkin Ginsberg include the design and revision of the financial models that guide recovery operations, as well as the development of more specific recovery strategies such as utilization of external collection agencies, debt sales, etc.
For more information, visit http://www.kaulkin.com/go/creditor-services or contact Paul Legrady at 240-499-3818.
About Kaulkin Ginsberg
Kaulkin Ginsberg is the leading strategic advisor for the accounts receivable management (ARM) industry. For ARM service providers, our value-add services focus on analysis, growth, and exit strategies. For credit grantors, our focus is on optimizing receivables management strategies. Kaulkin Ginsberg’s media division is the worldwide leader in providing timely news and insight on the recovery of debt in all industries. Kaulkin Information Systems creates secure and affordable workflow, document, and business process management technologies. Read more about Kaulkin Ginsberg at www.kaulkin.com.