Help & FAQ
What kind of reports is Kollect PowerCollect capable of producing, which can be used for submission to the Central Bank/Regulators?
Kollect PowerCollect has the capacity of generating detailed reports on Customer Accounts for the quantitative review of Bank’s Asset Quality. Moreover, these reports may be customized for submission of monthly provisional reports to the country’s Central Bank. For example, the preparation on the Monthly Provisional Details of Non-performing Loans (NPLs) and declassified NPLs report.

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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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