Automating Collection Management System for improved compliance & better performance

Challenge

Our Client is India’s famous private sector scheduled commercial bank which has a large network of remittance partners across the world. But they were facing an issue with the collection process, since it was manual in nature all the efforts spent on the collection process were not getting tracked which led to a lack of real-time reporting on collection and non-tracking of funds.

So, the bank wanted a comprehensive collection management solution that would help them to track and monitor the current status as well as visualize the future of collections. Our client was looking out for partner that could streamline and automate their collection process across their branch network to have a better visibility of the defaulters and mange delinquency in a near real time manner.

Download our case study to know how NSEIT experts helped the client to automate and transform their collection management process to enabling faster decision making, improved compliance, and better performance.