Contact + A tip of my hat to LexisNexis, as I add another blurb to the slew of postings I’ve written concerning ever changing technology and the debt collection practice. The company has recently launched Contact Plus, an innovative program designed to produce higher quality phone and address search results, guaranteeing a greater possibility of reaching the correct debtor.

According to one source, the program makes calculations utilizing multiple data sources, allowing collectors to locate over 20% more debtors than traditional methods, 30% better than other competitors currently vying for the market.

Yet another way technology is aiding collectors – greater accuracy, increased efficiency, translating into higher profitability.