Help & FAQ
How can Kollect PowerCollect and PowerRecovery automatically report to the Credit Bureaus?

Kollect PowerCollect and PowerRecovery is capable of both importing and exporting
reports from Credit Bureaus. Information from the Credit Reports include:

  • Basic individual profile, such as, name, identity card number, date of birth,
    address, occupation, marital status, etc.

  • Records of all credit checks made on the individual

  • Records of bad debts, if any

  • Bankruptcy record, if any  

 FAQ > 
Kollect Application Suite

Top 10 FAQ

- What is the necessity of automating the Credit Collections Management and Revenue Recovery process?

- What is the price of the solutions?

- We deal with multiple financial products. How can we manage our overall risks in exposure of the various different product lines such as credit cards and loans as a Bank?

- What’s the average time the Collector takes while working on a Customer Account using Kollect Applications Suite?

- What is a Promise to Pay?

- What are the challenges of Credit Collections Management and Revenue Recovery?

- What is Kollect Applications Suite?

- What are the key decision drivers of Credit Collections Management and Revenue Recovery?

- What is the prerequisite of establishing a unique Customer ID?

- What kind of reports does Kollect Applications Suite provide that I can leverage on?

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