- 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
- IMPROVED AND COST EFFECTIVE DEBT RECOVERY:
PERSONALIZED COLLECTION PROCESS AND IMPROVED CUSTOMER REALTIONS
- 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.
MORE ACCURATE PROVISIONING:
- Automated and Personalized follow up actions based on profile of each borrower
- Improved customer relationship and retention
SUPERIOR BORROWER PROFILING:
- By using predictive models using alternate data, the lender can make provisioning assessment faster and more accurately
- Gain insight and continuous improvement: Learn from performance data to enhance strategies and increase collection results.
CollectSimple : PRODUCT DIFFERENTIATION
- DEFAULT SCORING USING ENTERPRISE , ALTERNATE AND PUBLIC DATA
AUTOMATES THE BORROWER SCORE AND BORROWER PROFILING
- Proven proprietary algorithms built by Data scientist & domain expert with more than 20 years of experience.
- Algorithms built without using the Expensive Bureau data
AUTOMATE AND PERSONALIZED FOLLOW UP ACTIONS
- The platform automates Borrower behavioral score, Borrower profiling and best fit follow up actions
- Digitally Automates the complete process of collection follow up