Legal updates and news from Restons Solicitors

Double win for Restons at the Credit & Collections Technology Awards

Posted on 12/09/19

We attended the Credit and Collections Technology Awards ceremony as finalists for the "Legal Software Solution" and "Data & Analytics Solution" categories. We are proud to announce that Restons won both awards.

Legal Software Solution – Legal Logic

There is an array of legal software solutions available to support Litigation Case Management for the collections industry, however there are common faults across all that impact agility of change, bespoke customising of workflows and processes, and cost of maintenance and change.

The continued investment in Legal Logic has countered these issues and has repeatedly helped Restons to be recognised as one of the most efficient and effective litigation debt recovery firms in the collections industry.

Data and Analytics Award – Restons Collections Intelligence

By building an internal team of Data Intelligence & Warehousing experts, a comprehensive data warehousing capability and an interactive reporting suite, Restons has developed an analytical model to profile a customer's propensity to pay.This is a unique prediction tool that scores a customer using data and scientific statistical techniques. This has increased the performance of accounts where applied and help save costs for our clients.

Restons is now able to offer the most cost effective pre and post litigation analysis with client benefits including; accurate financial forecasting of returns across the life of each placement; higher returns on investment; most effective collection strategy; most effective contact strategy; identifying potential vulnerability; effectiveness of local court jurisdiction and more productive case handling; all resulting in higher customer and client satisfaction.

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