Overview
axe Collection & Provisioning Solution improve remedial strategies by providing additional efficiencies through streamlined processes and consistent data flows across the entire recovery process.
It captures all the inputs required for calculating the expected losses and consequent individual or collective provisions for performing, doubtful and impaired assets.
Key Features
axe Collection & Provisioning is a comprehensive, efficient, and, cost-effective solution that ensures an optimal return on investment in the short, medium, and longer-term.
axe Collection & Provisioning Main Features :
- KYC & Client Onboarding Origination
- Collection automation
- Workout & Recovery Process
- Remedial & Litigation Actions
- Portfolio bucketing
- NPL Classification
- Automated Provision Calculation
- Individual Provisions
- Collective Provisions
Key Benefits
- Reduce Turn Around Time (TAT)
- Increase Collection Rate
- Increase Origination Volume
- Decrease Time to Market
- Decrease Write-offs
- Increase Salesforce dedication to Business Develpment
