VELOCITY DEBT RECOVERY SYSTEM
The Future of Collections
Velocity Debt Recovery System makes your loan collection process automated, agile, and swift. Origanization can advantages from futuristic mechanisms of accepting digital payments, AI backed report generation, and conclusive monitoring of each stage of the recovery process.
Automated RemindersIntimate your customers about their upcomming due dates for repayment of loan installations, or any important notifications through pre-set automated SMS reminders. It establishes a connect with the customers, and soar the probability of receiving payments on time.
Coherent Work Delegation
Ensure supreme understanding and clarity between all the team members involved in the debt recovery process. Effectively delegate responsibility to each individual to prevent uncertainly, establish accountability, and boost productivity.
Geo TaggingSaving the effort of your on-ground debt collections team to scout customer’s information such as their address, contact number, etc from scattered sources during every repayment cucle, Geo tagging enables them to tag all the required data about the customers on a singular portal when they go to collect the first installment, so that they can access it instantly during future collections.
With insightful reports, reduce the risks of NPLs with timely actions against
Enhanced customer engagement with timely automated messages and notifications
Maximum support and coordination with the on-ground debt collections team
Reduce the costs and time spent in manual processes
Transparency in every steps to prevent errors and frauds.