Customer-first collections: How utilities can improve revenue recovery through proactive engagement
For utilities, revenue recovery has traditionally been viewed as a back-office function focused on overdue accounts and service disconnections. But…
In the early weeks of the COVID-19 pandemic, one of the nation’s largest utilities serving more than 8 million customers across seven states faced a unique operational and humanitarian challenge. With unemployment reaching record highs and customers suddenly unable to pay their bills, the utility needed to act fast to deliver financial relief, maintain customer trust, and protect operational continuity.
Key challenges included:
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