SAN JOSE, Calif. –

FICO is hosting a complimentary webinar in hopes of giving finance companies guidance on streamlining their collections and recovery processes.

During the hour-long session, titled “Integrating Collections and Recovery — From Theory to Practice” that’s set for 1 p.m. ET on July 19, FICO plans to cover a trio of common challenges, including:

• Understanding the real-world benefits of a unified collections and recovery platform.

• How to overcome common challenges in integrating collections and recovery operations.

• What to look for when evaluating technology solutions and vendor partners.

The educational webinar also will feature Terry Collins, vice president of collections and recovery at Trustmark National Bank, along with Martin Germanis, vice president of the global collection and recovery practice at FICO. Attendees will hear directly how Trustmark successfully integrated its collections and recovery operations into a single receivables management platform.

“In theory, using a unified platform to manage both collections and recoveries makes complete sense. It’s operationally efficient, it simplifies critical compliance and reporting tasks, and it produces better customer outcomes,” FICO said. However, in practice, most organizations struggle to make the jump from siloed collection and recovery systems to a single, unified platform.”

To register for the webinar, go to this site.