Loan collections and recovery are an integral part of the consumer banking sector. Handling the recovery of hundreds and thousands of defaulters across various stages (30-60-90-day) in the absence of an organized collection suite is undoubtedly daunting. Banks often land in a haze, where they have little to no visibility about a defaulter’s stage nor have a technology-based and organised follow-up mechanism.
We help here our client, a leading call management and recovery application solutions provider, approach players in the BFSI sector. It includes banks and NBFCs. We engage in various activities that entail the entire spectrum of sales management.

• Pitching the collection suite product to the target audience
• Generating leads and meeting prospects to explain the product better
• Converting prospects and arranging kick-start meetings
• Ensuring proper closure of leads and generating reports
• Enabling the finance organisation to reap optimal benefits from the application
• Helping banks streamline the collection and recovery process and minimise losses stemming from poor status visibility