Intrum Justitia Launches New Online Collections Management Tool

Intrum Justitia, Europe's leading provider of credit management services, has launched Fair Pay Web - a tailor-made, secure online collections management tool - to enable customers placing trade debts for recovery to monitor progress in real time, at their convenience.

Designed by customers for customers, the user friendly Fair Pay Web allows users to load details of new accounts, track progress, send Intrum Justitia electronic messages on specific debts, and download real-time reports in a format of choice consequently increasing the efficiency of the client/ agency relationship.

Following a successful pilot, Fair Pay Web has been launched to 100 England-based clients to date. Initial take up is very strong and almost half of these clients immediately began to use it. Intrum Justitia plans to continue with a wide scale rollout in the coming months and is expecting more positive feedback from clients. In addition, 48 new business cases have been created through the new management tool.

Martin Sampson, Head of Finance and Contracts for Bombardier Flexjet Europe1, was involved in the development of Fair Pay Web and is a user of the tool. He said, "Fair Pay Web is a real breakthrough in a new era for account management and raises the bar for the industry."

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