Redesign Operational Capabilities with Database Creation
Helped a Debt Recovery Company by Creating Databases.
The company is a big US corporation dealing with debt recovery operations for big firms. Currently, the company is working with leading financial corporations to manage their debts and collection functions. Usually, the company saves all data in the cloud for the customer companies. However, saving all files in the cloud is one way of managing all data but the client was looking for better options.
Besides that, the demand for the company's debt recovery operations has also increased over the years. Thus, the company now wanted to create some new databases to manage all its data in a structured manner. Therefore, the company opted to come up with a partnership with us to create a new database with the existing datasets. Creating a completely new database is a challenging task but we have taken efficient measures to perform the project.
Importance of Database Creation Services for Debt Recovery Companies
Debt recovery companies usually handle a wide spectrum of work for their customers companies. Gaining a financial boost from debt recovery is the prime aim of these companies. To perform its operation efficiently, these companies have to collect data from multiple sources. Therefore, with a fixed database, these companies can perform debt recovery functions much better.
Besides that, debt recovery companies usually perform simultaneous operations for multiple clients. Therefore, it is very common for them to get confused easily among different projects. However, with the help of different databases, the chance of error while performing the debt recovery operation will be reduced. Thus, creating separate databases for different clients is the best option for these companies. With the help of outsourcing database creation services, these companies can create multiple databases with all customized options quickly.
Challenges the Company Faced
The company is a famous debt recovery company that performs efficient services in B2B operations. From adopting the right method to generating desired results, the company is superb in its operations. However, the company is facing difficulties in managing multiple databases of their corporate clients. The following challenges we realized after encountering the client's operations with our closed inspection.
Creating and Updating the Existing Data
Creating a database was not a big issue for the company but accommodating the existing data in the database was. Therefore, database creation has come up with a condition that it must accommodate the existing data. Otherwise, creating a database with all new datasets might not go with the company's core functions. Besides that, no team from the company's end could perform the entire task efficiently.
Non-technical Difficulties
Besides technical difficulties, the company also faced non-technical difficulties related to database creation and updation. The main problem was managing the database and ensuring proper time for updates. The internal team of the company was not efficient in updating work by showcasing the proper skillset. Therefore, the entire process of database creation gets delayed because of these neglected non-technical difficulties. However, we have taken serious measures to ease the difficult matters as per the client's direction.
Not Having a Team for Database Updating
The company has realized that it needs separate databases to organize all the debt recovery data. However, even after realizing this, it did not bother to keep a team to update the database regularly. Therefore, the company has also pointed out data obsoletion due to irregular updates. We have fixed all issues efficiently with the help of our robust database creation solutions.
Solutions AskDataEntry Implemented
We carefully designed the solutions for the company by considering all possible areas. At the beginning point, we started investigating the company's exact requirements. We come to the conclusion that the client needs separate databases for all its different work. The requirement for each database was different with different attributes. Therefore, we developed our customized solutions from the client for creating new databases.
Used Internal Resources
We have decided to utilize our internal resources efficiently for this amazing project. Our resources involve our expert team, our data entry techniques, and our robust technology. We combined all these elements together to get the project done from our end. Besides that, we deployed our expert professionals for this project to ensure 0% errors from our end. Also, the expert professionals have maintained quality at a global standard
Planning to Create Databases
We believe in planning rather than going for direct execution for our services. Here, in this case, we created a database creation plan by considering all the inputs from the client. The input from the client includes business volume, target creation, category determination, size, and other matters. For creating a detailed database, we have considered the client's brief as our guide. Besides that, we have also fixed the timing or deadline to submit the project at this stage.
Initiating Database Formatting
After creating databases for different projects, our aim directly shifted towards database formatting. We use Excel sheets to keep our data intact in its accurate format for the client. Using Excel sheets also helped us initiate the formatting task and formatting in Excel files is easy comparatively. Besides formatting, Excel sheets are better for tracking records efficiently and making quick changes.
Creating Back-ups and Ensuring Protection
We are not a provider of databases only because we think about data protection. At our work, we follow stringent data protection measures to ensure the complete form of data protection. We also have taken special care of this project because the company deals with loan recovery data. Maintaining confidentiality was our first aim for this project and we keep on focusing on that. Besides that, we ensure data backups for this project to ensure the safety of the created databases.
AskDataEntry's database creation services are exceptional. Their meticulous organization and efficiency transformed our data management, enhancing our decision-making capabilities. Highly recommend!
Josef Merlin
We wanted to have databases of our different projects with our existing datasets. Thus, we delegated this task to AskDataEntry and opted for its database creation services. They were amazing in creating new databases and solved our issues completely. Moreover, they handed over the entire project within a few days but did not compromise the quality at all. We are very fortunate to have AskDataEntry at our service.
