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Saturday, July 05, 2008

The Growth of ASSET
Industry Pioneer
Innovation and the Internet
Supply Chain Management
 

As the functions of an Institutional
collection group become bundled and outsourced, ASSET designs and
implements strategies to transfer these bundled processes to supply chain managers.

   This is done through the employment of applications specific technology and a specialized collections workforce.

   The role of the credit grantor is suddenly transformed from that of a functional manager to supply chain auditor and customer service manager. The efficiencies are thus found immediately. Supply chain management initiatives are consistent with the broader initiative of outsourcing generic and non-strategic processing functions found within the organizations of institutional credit grantors.

   The new method of conducting collections in an Institution is invaluable when loan losses increase and the requirement for mission-critical functions can be outsourced to a supply chain with ease.
This will serve to lay a calm upon an Institution during a period suffering from accelerated collections volume.