by Kollect Admin | Jun 24, 2022 | Articles
There’s an old saying that goes, “you can’t get blood from a stone.” But what if we could? Artificial Intelligence is the Now of Debt Collection. It has been proven to be more efficient than human beings when collecting payments on past due accounts. Not only does AI...
by Kollect Admin | Jun 17, 2022 | Articles
Despite sound credit-risk policies and proactive accounts receivable management, there will be times when you need to take action to collect past-due debt. However, there is a right way and a wrong way to go about it. One way will enhance your chances of collecting...
by Kollect Admin | Jun 10, 2022 | Articles
Debt collection is sometimes necessary for businesses to collect the money they are owed. These tips can improve debt collection for small businesses. A solid debt collection strategy helps you stabilize your cash flow and receive money from your clients without...
by Kollect Admin | Jun 3, 2022 | Articles
Digital transformation is constantly reforming and refining the financial services industry as we know it. Digital technologies like Artificial Intelligence (AI), Machine Learning (ML) and Blockchain are disrupting the industry to a great extent and upgrading...
by Kollect Admin | May 27, 2022 | Articles
Better use of data, technology, and process automation can help banks adapt their debt collection models to curb loan losses in the future. In brief An inbound repayments model approach relies on predictive and behavioral analytics to create more personalized debt...
