Closed Case Audits by Debt Recoveries Australia
Now that the new financial year is in play, and all of our reporting and reviews for the end of the previous period have been completed, it is a good time of the year to clear out all the old claims cases and get them checked over for possible recovery opportunities.
Closed Case Audits are a specialist service provided by Debt Recoveries Australia. Through closed case reviews, money is recovered on behalf of a client from insurance claims that have previously been closed. One of the greatest internal expenses experienced by a lot of insurance organisations is claims leakage. Claims leakage can occur for a number of reasons including:
- Overlooked information
- Miscoded claims
- Data entry errors
- Non-economical pursuits
- Judgments with no recovery
- Unlocatable third parties
- Other overlooked recovery opportunities
We assist many clients in identifying and reducing claim leakage through conducting periodic closed case audits. A senior member of DRA’s recovery team conducts a review each closed case and actioning those cases that have a potential for recovery. DRA is responsible for all expenses involved. We can audit paper cases or conduct an audit of your paperless cases online. A paperless review can be done remotely or on-site.
Closed case audits result in many of DRA’s clients experiencing increased recovery rates while reducing their claims costs.
Debt Recoveries Australia is the expert at recovering your outstanding debt without the drama. For more information, email at us firstname.lastname@example.org or call 1300 799 511. Talk to us about your debt collection concerns via Skype at debtrecoveries.
Call Us: +61 1300 799 511