Lending and debt collection is fraught with mounting delinquencies, defaults and operational inefficiencies.
What if lenders can predict which of their customers are likely to go delinquent and enable agents to take appropriate action to prevent the delinquency in the first place? Or if they can personalize reminders, re-payment plans and communications and improve operational efficiencies as well as their chances of collections/ recoveries? And how about them leveraging advances in AI/ML and make sense of the abundant amount of internal and external data available without having to deal with the complexity that comes along?
CollectEdge is a data driven intelligence application powered by advanced machine learning that helps reduce delinquency rates, boost recoveries and improve operational efficiencies.