Collect Simple

Cross-Sell/Up-Sell Simple

Fraud Simple

CollectSimple

CollectSimple: Features

  • Facilitates real time data driven score and profiling of a borrower’s likelihood of going further into delinquency.
  • Provides the Behavioral Default Risk score of each borrower
  • Provides Default profiling of each borrower ( Very High Risk, High Risk, Medium Risk, Low Risk )
  • Suggest the best right debt collection follow up actions to be taken for each borrower
  • Digitally automates and personalize the debt collection follow up actions

CollectSimple: BENEFITS

  1. IMPROVED AND COST EFFECTIVE DEBT RECOVERY:
    • Collect and recover more by focusing teams and agencies on the right accounts
    • Automatically allocate collection resources to accounts most likely to pay, instead of spending time on self-cures or accounts with low expected collection amounts.
  2. PERSONALIZED COLLECTION PROCESS AND IMPROVED CUSTOMER REALTIONS
    • Automated and Personalized follow up actions based on profile of each borrower
    • Improved customer relationship and retention
  3. MORE ACCURATE PROVISIONING: 
    • By using predictive models using alternate data, the lender can make provisioning assessment faster and more accurately
  4. SUPERIOR BORROWER PROFILING:
    • Gain insight and continuous improvement: Learn from performance data to enhance strategies and increase collection results.

CollectSimple : PRODUCT DIFFERENTIATION

  1. DEFAULT SCORING USING ENTERPRISE , ALTERNATE AND PUBLIC DATA
    • Proven proprietary algorithms built by Data scientist & domain expert with more than 20 years of experience.
    • Algorithms built without using the Expensive Bureau data
  2. AUTOMATES THE BORROWER SCORE AND BORROWER PROFILING
    • The platform automates Borrower behavioral score, Borrower profiling and best fit follow up actions
  3. AUTOMATE AND PERSONALIZED FOLLOW UP ACTIONS
    • Digitally Automates the complete process of collection follow up

Next: FraudSimple