Few people know that skip tracing is an essential tool for businesses. By tracing the steps of former customers who have stopped paying their bills, businesses can better understand what went wrong and how to fix it. This process can help to improve customer relations, as well as recover lost revenue.
Although skip tracing may seem daunting at first, it’s a skill that can be learned relatively easily. In this article, we’ll provide an overview of skip tracing for businesses. We’ll also discuss some of the best tools and resources available for those looking to get started.
What Is Skip Tracing?
It is the process of tracking down an individual who cannot be located through traditional means such as a home address or phone number. This could be for any number of reasons, such as if they’ve moved without leaving a forwarding address, or their contact information has been changed and is no longer valid.
In order to find someone using skip tracing, businesses will often need to use public records and search for clues that can lead them to the individual’s current location. Once the person has been located, businesses can then take steps to collect on the debt owed, or provide them with the product or service they were seeking.
Why Is Skip Tracing Important?
Skip tracing is an important tool for businesses for a number of reasons. First, it can help to improve customer relations. By taking the time to track down a former customer, businesses can show that they’re willing to go the extra mile to provide them with the product or service they need.
Second, skip tracing can help businesses recover lost revenue. In many cases, customers who have gone MIA are still responsible for paying what they owe. By using skip tracing to locate these individuals, businesses can collect on outstanding debts and improve their bottom line.
Third, skip tracing can be used to prevent future issues. “By understanding why customers have stopped doing business with your company, you can make changes to improve the customer experience and prevent similar situations from happening in the future”, suggests an electrician service company from Wangara.
Tools & Resources For Skip Tracing
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There are a number of different tools and resources available to businesses looking to get started with skip tracing. Here are some of the best:
Skip Tracing Software:
There are a number of software programs available that can help businesses with skip tracing. These programs typically include a database of public records, as well as other tools and resources that can be used to locate individuals.
Some examples of popular skip tracing software programs include TLOxp, Acceleon, and Accurint. These programs allow businesses to search for individuals by name, address, phone number, and other key criteria. They also provide access to public records databases, which can be helpful in tracking down elusive individuals.
If you’re looking for a comprehensive solution for skip tracing, then a software program is the best option. However, if you’re just getting started, there are also a number of online resources available that can be helpful.
A residential Sydney architect has found that one resource to be very helpful is the Association of Certified Fraud Examiners (ACFE). The ACFE offers an online course on skip tracing that provides an overview of the process, as well as tips and tricks for locating individuals.
People Finder Websites:
There are also a number of websites that specialise in helping businesses find people. These sites typically have access to public records, as well as other databases that can be used to locate individuals.
Some of the best known examples include:
– Intelius
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Social Media:
Social media can also be a useful tool for businesses looking to find people. In many cases, individuals will list their contact information on their social media profiles. This can make it easier for businesses to find them and get in touch.
Some examples of social media that can be used for skip tracing include Facebook, Twitter, and LinkedIn.
Businesses can also use social media to track down former customers. By searching for keywords related to the individual’s name or current location, businesses can find social media profiles that may provide useful information.
It’s important to note that not all social media profiles are publicly accessible. In some cases, businesses may need to contact the individual directly in order to obtain their contact information.
However, social media can be a valuable tool for businesses looking to locate former customers and collect on outstanding debts.
Public Records:
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Finally, businesses can also access public records to find people. These records can typically be accessed online, and they can provide a wealth of information that can be used to locate individuals.
Public records can be accessed online and offline in Australia. Some examples of online public records are the Australian Taxation Office’s (ATO) Business Name register, the Australian Business Register (ABR), and the Australian Securities and Investments Commission’s (ASIC) company search. These databases allow businesses to search for information about companies and individuals, including contact information and registered addresses.
Another great resource for finding public records is the state or territory government website where the individual lives. Each state and territory has a different website, and most of them have a searchable database of public records. This database can include information such as birth certificates, death certificates, marriage certificates, and property ownership.
Lastly, businesses can also access public records in person at the local courthouse. This can be a valuable resource for businesses that need to obtain copies of documents immediately. However, it’s important to note that not all courthouses offer online access to their records, so businesses may need to visit in person to conduct their search.
By using these tools and resources, businesses can effectively perform skip tracing and improve their bottom line.
