Our Microfinance and Lending clients are able to increase collection, automate and speed up approval of new accounts and loan applications, and improve the efficiency of their field employees.
Monitor the efficiency of field workforce
Generate most efficient route for each field employee
Receive reports faster
Paperless and quicker loan application and processing
Collectors, Credit Investigators,Sales and Marketing
Types of Reports:
Collection Report - Collection details, including remaining balance
Customer Information / Credit Investigation - Validate customer information and photo capture of required documents and valid IDs
Activity Report - Daily activities such as meetings and events
1. Collection - Productivity of collectors increased, which translates to higher collection rate. One lending company was able to increase to 18 to 20 daily accounts collection from previous average of just 7 accounts.
2. Credit Investigation -With itineraries and route tracking feature, account visits of Credit Investigators increased from 5 to an average of 15
3. Loans Processing - Paperless and near-real time reports lead to more loans processed and fasterassessment of loan applications and loan releases. Number of loans processed per month more than tripled, now at an average of 100 applications, from the previous 20.