Remote collection health check, portfolio segmentation and early collection optimalization
Why remote collection project?
The situation around the world is rapidly deteriorating. The COVID-19 crisis, as well as likely starting an economical downturn, will result in a significant share of a household, SME and corporates being in serious financial distress, heavily impacting the banking business. The large scale financial distress of the population, SME and corporates need to be addressed proactively before the defaults start realizing or the impact on the clients as well as the realized loss will be much higher.
Immediate response is critical
Banks need to adjust the collections to the new situation. The collection processes need to be reviewed and adjusted. At the beginning, segmentation and pro-active measures for high-risk segments needs to be taken, further on, all collection processes need to be fine-tuned.
Remote project delivery with an experienced partner is the best option
COVID-19 spreading around the globe limits the possibility of on-site project delivery. We believe that a remote project with an experienced partner, with a structured approach to collections is the best way to go.
We prepared a proposal that will help your collections get ready for the future inflow and to proactively identify and address the most endangered segments of clients with saving measures. We would like to contribute to the stabilization of the situation that affects us all.
We will contact you as soon as possible.