A Field Collection Executive manages outstanding payments by visiting customers, negotiating payment plans, resolving issues, and ensuring timely collections while adhering to company policies and legal guidelines, focusing on maintaining positive customer relations and achieving targets through direct engagement and accurate record-keeping.
Key Responsibilities:
Field Visits: Visiting customers at their homes or businesses for payment collection and follow-ups.
Payment Negotiation: Negotiating payment terms, plans, and settlements with customers.
Customer Relationship Management: Building rapport and maintaining positive relationships to ensure future payments.
Issue Resolution: Handling customer complaints, disputes, and discrepancies diplomatically.
Record Keeping: Maintaining accurate and detailed records of all collection activities, payments, and customer interactions.
Reporting: Reporting on collection progress, status, and key metrics to management.
Compliance: Ensuring all collection practices comply with company policies and legal/regulatory standards.