Outsourcing Your Collection Department: More Cost Effective?

Apparel and auto manufacturing led the band in sending jobs overseas. Looking to maximize profit, manufacturers were lured by cheap labor and lower costs. Today’s trend is outsourcing. American companies looking to maximize profits are outsourcing almost every function: Technology, Investments, Logistics and more. Following suit, a consideration of yours is whether outsourcing your collection department would be more cost effective.
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