Lexop

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

Blog Post by Lexop

Lexop Nov 9, 2022 9:25:02 AM 9 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 ...
Start Reading
Lexop Oct 21, 2022 2:42:40 PM 11 min read

Credit union collections and how they can support past-due members

Data suggests over 59% of consumers live paycheck to paycheck. Consequently, now more ...
Start Reading
Lexop Oct 21, 2022 2:29:34 PM 14 min read

The benefits of automated invoice reminders

Late payments have become a growing concern for organizations across industries in North ...
Start Reading
Lexop Sep 26, 2022 5:27:59 PM 9 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, ...
Start Reading
Lexop Sep 21, 2022 1:43:30 PM 9 min read

Five best practices for debt collection

Modern debt collection best practices In the past, debt collectors had a reputation for ...
Start Reading
Lexop Sep 6, 2022 10:58:48 AM 5 min read

4 essential KPIs for integrated collections software outcomes

Collection software KPIs  When integrating collections software into your company, you ...
Start Reading
Lexop Aug 10, 2022 11:52:17 AM 2 min read

Infographic: 2022 North American consumer repayment preferences study

In our latest study, Early-stage collection trends in 2022, we learned that companies ...
Start Reading
Lexop Jul 5, 2022 12:00:00 PM 10 min read

An Introduction to Ethical Collection Strategy

What is a collections strategy? Your collections strategy defines the tactics used to ...
Start Reading
Lexop Jun 30, 2022 1:48:25 PM 10 min read

How to improve Days Sales Outstanding (DSO)

What is days sales outstanding (DSO)? Days sales outstanding (DSO) is an accounting ratio ...
Start Reading
Lexop Jun 2, 2022 1:00:00 PM 11 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, ...
Start Reading