Help & FAQ
How does Kollect PowerCollect comply with Regulatory Guidelines issued by a country’s Central Bank?
One of the key features of Kollect PowerCollect is a Compliance Management component whose main function is to ensure that all processed Customer Accounts are compliant with the Regulatory Guidelines issued by the country’s Central bank. With the incorporation of the appropriate business rules in the Kollect Rules and Policy Manager, this enables the filtering of all Customer Accounts, and segregates those Customer Accounts meeting the criteria of non-performing loans.

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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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