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How does Credit Collections Management and Revenue Recovery assist in the universal view of a Customerís relationship?
Credit Collections Management and Revenue Recovery automation is one of the lynchpins, which elegantly facilitates the universal view of the Customerís relationship as the organization may consolidate the total amount outstanding for the various lines of products or services rendered to the Customer.
For example, a Bank may have the universal view on the Credit Cards and Mortgage loans provided to the Customer. A Telco shall have the information on services rendered to the Customer, such as ISP data services.

By identifying a unique Customer ID, a complete universal view of all the outstanding amounts from various products/services due from the Customer can be obtained, and the organization shall be better informed on managing the risks of the relationship with the Customer.


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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 a Promise to Pay?

- 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?

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

- 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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