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Automated
Revenue Miner
Bottom Line Impact’s Automated Revenue Miner is a CIS independent tool that uses proprietary, industry-leading algorithms to find inactive customers owing money that are hiding in a utility’s active customer base. Once identified, this money can be transferred from inactive owing accounts to active accounts, drastically reducing write-off expense. Bottom Line Impact offers customers a No-Cost Initial ROI Assessment allowing them to sample the results the Automated Revenue Miner generates. While many utilities use a variety of programs to recover lost revenues such as: CIS skip tracing modules, manual skip tracing, external collection agencies, utility exchanges and external subscription based tracing services, the Automated Revenue Miner uncovers more matches than traditional methods do.
Benefits of Implementing the Automated Revenue
Miner:
- Significantly
Reduces Historical Write Off and On-going Write Off on a regular basis;
- Speeds
Final Bill collections;
- Recovers
lost revenue prior to paying external vendors to collect it for you
(Collection Agencies, Skip Tracers, Debt Buyers, etc.);
- Reduces
Manual Skip Trace time and Full Time Equivalents (FTE);
- Provides
continuous Automatic Skip Tracing capability;
- Transfers
Credits and overpayments;
- Improves
efficiencies within customer service call centers.
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