Designing Write Off Process Templates & Write Off Event Types
Write Off Process Template | Write Off Event Type | Triggered X Days From Start Of Write Off Process |
---|---|---|
Residential | Refer to collection agency | 0 |
Letter notifying customer of referral | 0 | |
Cancel collection agency referral | 60 | |
Write off | 60 | |
Non-Cash Deposit Exists | To Do for non-cash deposit redemption | 0 |
To Do to highlight unpaid contract(s) still exist (and they will be reconsidered for write-off processing) | 10 | |
Commercial | Refer to collection agency | 0 |
Letter notifying customer of referral | 0 | |
To Do to check up on collection agency's efforts | 30 | |
Cancel collection agency referral | 60 | |
Write off | 60 |
Write Off Event Type | Event Type |
---|---|
Notification of write-off referral | Send letter - Debt referred to a collection agency |
Refer to collection agency | Refer to collection agency |
Cancel collection agency referral | Cancel collection agency referral |
Write off | Write off |
To Do for non-cash deposit redemption | Generate To Do - Redeem non-cash deposit |
To Do to highlight unpaid contract(s) still exist | Generate To Do - contract(s) linked to a non-cash deposit remain unpaid (and will be reconsidered for write-off processing) |
To Do to check up on collection agency's efforts | Generate To Do - Check up on collection agency's efforts |
And now you're ready to set up your write-off procedures.