rt360 Collections Management System
Streamline debt collection and recovery
Streamline your collections process with rt360 Collection Management System
Underwriting a loan is just the first step. A borrower’s debt servicing capacity remains vulnerable to changes in business cycles, income, and cash flow levels throughout the credit lifecycle. With a multitude of factors playing into it, the average collections rate in the banking industry is currently pegged below 20% – the lowest in two decades. It has never been more important to stay ahead of the curve. But the biggest challenge of all? Lack of structured collections approach, technological capabilities, and automated processes, making it difficult to efficiently collect payments.
Unlock your institution’s full collection potential and increase resolution rates cost effectively with advanced technology enablement that underpins a robust collections strategy. Say goodbye to rudimentary systems and hello to a streamlined, automated collections solution that leverages the power of advanced AI/ML analytics. Prioritize your strategies, communicate effectively with customers, and stay on top of collections with comprehensive dashboarding and reporting.
Key Functionalities
Prioritization & bucketing for targeted actions
Prioritization & bucketing for targeted actions
Granular collections planning and tracking
Granular collections planning and tracking
Effective collection strategy
Effective collection strategy
Insightful collection analytics & reporting
Insightful collection analytics & reporting
Functional decomposition and application mobility
Functional decomposition and application mobility
Benefits
Reduction in bad-debts write-off
Higher collection efficiency
Effective customer engagement
Focus on growth
Lowest TCO
On the go tracking, planning, decisioning, dashboards and reports, along with regional language enablement
Value Proposition
Business first, technology next approach
Business first, technology next approach
Domain expertise and proven experience (OEM+SI) under one roof
Domain expertise and proven experience (OEM+SI) under one roof
Seamless integration with upstream and downstream systems
Seamless integration with upstream and downstream systems
Ready-to-use and cloud-ready solution with minimum effort for deployment
Ready-to-use and cloud-ready solution with minimum effort for deployment
Flexible commercials and deployment models
Flexible commercials and deployment models
Business first, technology next approach
Domain expertise and proven experience (OEM+SI) under one roof
Ready-to-use and cloud-ready solution with minimum effort for deployment
Flexible commercials and deployment models
Products
rt360 Credit Risk Suite
A transformative product suite powered by AI/ML algorithms, data analytics, configurable workflows, and extensive reporting and dashboarding tools
rt360 Early Warning System
Comprehensive, always-on early warning indicators powered by AI/ML to help bankers identify potential default, stress or fraud
rt360 RAROC Calculator
Accurately assess customer profitability while making credit pricing decisions for RAROC calculation thereby increasing credit growth
rt360 Collections Management System
Unlock your full collection potential and increase resolution rates cost effectively with advanced AI/ML technology that underpins a robust collections strategy
rt360 Expected Credit Loss
Compute Expected Credit Loss as per regulatory, IND AS 109 guidelines, while addressing requirements such as PIT PD, and macro-economic factors
Brochures
rt360 Credit Risk Suite
Get sustainable growth and maximized profitability powered by AI/ML algorithms, data analytics, configurable workflows, and extensive reporting and dashboarding tools
Download Nowrt360 Early Warning System
Stay alert, efficient and profitable by identifying credit risks proactively and leveraging end-to-end predictive analytics
Download Nowrt360 RAROC Calculator
Ensure dynamic risk-based pricing and efficient capital allocation with focus on maximizing profitability and driving sustainable growth
Download Nowrt360 Collections Management System
Identify credit risks proactively, collect more, economically and at an accelerated pace by leveraging state-of-the-art predictive analytics
Download Nowrt360 Expected Credit Loss
Recognize expected change in credit risk and onboard a framework to manage forward-looking credit loss. Adopt proven, scientific methods for computing credit losses
Download Now
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