Unpaid invoices can be a significant challenge for any business, draining resources and disrupting cash flow.
Parking providers must now make reasonable endeavours to establish correct correspondence addresses of drivers and keepers |
Tenant tracing is the process of locating former tenants whose current address is no longer known, enabling landlords to reconnect with their previous tenants.
What happens when your internal credit control team chase a parking penalty notice (PCN) or parking penalty charge, but settlement isn’t forthcoming? Or perhaps the penalty notice or reminder letter is returned, with the dreaded ‘not at this address’ scribbled on the front of the envelope.
On average, 11% of the UK population will relocate annually – that’s almost 3,000,000 households; many of whom fail to inform creditors and other service providers of their move, often leaving behind outstanding debts.
A key sector for dataTrace is debt recovery and enforcement firms, helping them to deliver results for their clients.