Collection Tech
CredAurora - By AlenTree
Amplify Your Collection Engagement & Reduce NPAs
- Sreamlining the Collection Process
- Unlock Savings Through Early Recovery
- Embrace Digitalization for Scalable Solutions
Made By IITians >
The ChallengeNavigating the Complexities of Debt Collection
In the dynamic landscape of debt collection, several challenges hinder seamless recovery processes for both creditors and debtors alike.
Human Behaviour
Indian audience requires regular and persistent reminders, often in abundance, to stay on track with repayments.
Flexibility
Our audience seeks flexibility in repayment schedules tailored to their financial capabilities.
Individuality
Every loan and customer requires a tailored approach. One-size-fits-all strategies don’t suffice in debt collection.
Data Fragmentation
Data fragmentation and inefficiency arise from multiple parties handling data, complicating the collection process.
Limited Automation
Automation constraints in financial institutions and law firms lead to delays in debt collection. Manual processes hinder speed and efficiency.
Digital Visibility
Manual reporting causes delays and limits understanding of user behavior. Without audience segmentation, debt recovery strategies lack effectiveness.
The Solution End to End Digital Sequencing with Phygital automation
01
Automated Demand/Notice creation
A centralized data system automatically creates reminders, notices and demand letters in multiple languages, streamlining the process.
02
Streamlined Delivery
Connect the real world by streamlining the printing and sending of demand notices via speed post, along with real-time updates on delivery status.
03
Digital Notification System
03
Secure Online Platform
24×7 Access and records retrieval, based on designated levels of access through a secure online platform, ensuring data security and integrity.
How It Works
Campaign Planning in Cred Aurora
- Upload Excel file with prepopulated speed post codes
- Choose multilingual Demand/notice template.
- Get campaign data with notice links and short tracking links
Dispatch Campaign
- Download Demand/notice files
- Print Demand/notices
- Dispatch speed-post
Digital Reminders
- Send SMS, WhatsApp, Voice OBD, and Email reminders
- Option for online collection, Direct Settlement in NBFC/Bank’s account
- Update DLR and Speed post deliveries
Collections and Reporting
- Real-time reporting, Link click tracking, payment link tracking
- Collections Report, PTP report (voice and WhatsApp)
- Get behavioural analysis 15 day, 30 day, 60 day payee segments
What We Offer:
01
Campaign Onboarding
Onetime Setup for templates, WhatsApp handle, SMS Sender ID, email configuration, and integration settings. Monthly Platform Usage charges
02
Campaign Running
Campaign operations and running, including:
- Single SMS,
- Single WhatsApp and
- Single email
- Payment Link
03
Additional consumables
- Postal Demand
- Postal Lawyer Notice
- SMS Reminders
- Email Reminders
- Voice Reminders
- Whatsapp Reminders
