Reduce CFPB Compliance Risk and Improve Collections with Speech Analytics

cfpb_cs

Collections contact centers and Accounts Receivables Management (ARM) firms face a constant challenge: being able to maximize payments while staying compliant and up to date with new rules and regulations. Speech analytics can help ease this challenge by analyzing every agent contact – either during or after the call – to eliminate compliance risk, improve agent performance, and increase recovery rates.

This case study highlights how one ARM firm was able to leverage speech analytics to proactively reduce complaints and prepare for Consumer Financial Protection Bureau (CFPB) audits.

In this case study, you will find:

  • ARM Regulatory Challenges
  • Speech Analytics Deployment
  • Program Results & Findings