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Lexop helps companies retain past-due customers by facilitating payment and empowering them to self-serve.

Blog Post by Lexop

LexopNov 23, 2022 12:34:22 PM5 min read

Why you'll need debt collection software in 2023

Debt collection is an inevitable part of business, yet many organizations spend more time ...
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LexopNov 9, 2022 9:25:02 AM4 min read

Consumers are forgetting to pay their bills - here’s how to fix that!

As the cost of living continues to rise, many consumers are starting to feel financially ...
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LexopOct 21, 2022 2:29:34 PM7 min read

The benefits of automated invoice reminders

Late payments have become a growing concern for organizations across industries in North ...
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LexopOct 3, 2022 10:00:00 AM3 min read

Debt Collection Software vs. Email Marketing Software

Although there are some functional similarities between email marketing software and debt ...
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LexopSep 26, 2022 5:27:59 PM4 min read

Why you need to adjust your collections process now

With cash-strapped consumers across the country taking extra time to pay their bills, ...
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LexopSep 21, 2022 1:43:30 PM5 min read

Five best practices for debt collection

Modern debt collection best practices In the past, debt collectors had a reputation for ...
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LexopSep 6, 2022 10:58:48 AM2 min read

Four essential KPIs for digital collections platforms

When implementing a digital collections platform into your recovery process, it's ...
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LexopAug 10, 2022 11:52:17 AM< 1 min read

Infographic: 2022 North American consumer repayment preferences study

In our latest study, Early-stage collection trends in 2022, we learned that companies ...
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LexopJul 5, 2022 12:00:00 PM5 min read

5 Key Components of an Ethical Debt Collection Strategy

Your collections strategy defines the tactics used to follow up with past-due accounts. ...
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LexopJun 30, 2022 1:48:25 PM5 min read

How to improve Days Sales Outstanding (DSO)

What is days sales outstanding (DSO)? Days sales outstanding (DSO) is an accounting ratio ...
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LexopJun 2, 2022 1:00:00 PM5 min read

Six quick tips about buying collections and recovery software

In a 2021 Lexop survey, 68% of respondents digitally paid their past due bills, ...
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LexopMar 10, 2022 6:10:22 PM3 min read

How to improve your debt collection strategy with data analytics

Maintaining a healthy cash flow in collections is highly dependent on how effective you ...
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