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KollectApps (BankTech)

KollectApps for BankTech, is an advance integrated platform for entities that undertake lending, financing, collections and recovery operations.

KollectApps for BankTech, is an advance integrated platform for entities that undertake lending, financing, collections and recovery operations. KollectApps automates the Debt Collections, Recovery, Agency, Legal, Write-off, Repossession, Dialer, Data Integration, Reports and Analytics processes.

KollectApps is an advance integrated platform targeted BankTech entities that undertake lending and financing operations

KollectApps for BankTech, is an advance integrated platform for entities that undertake lending, financing, collections and recovery operations.

KollectApps for BankTech, is an advance integrated platform for entities that undertake lending, financing, collections and recovery operations. KollectApps automates the Debt Collections, Recovery, Agency, Legal, Write-off, Repossession, Dialer, Data Integration, Reports and Analytics processes. 

The platform automates and streamlines the entire Collections and Recovery processes, helping organizations to analyse all borrowers, predict defaulters with scoring capabilities, settlement timeline, reduce bad debt, lower outstanding and improve cash flow. With KollectApps, Collections & Debt Recovery personnel have access to most recent information on each Customer in terms of payments, delinquencies, disputes, Promises to Pay (PTP) and so forth, so they can quickly address any Collections & Recovery issues with Customers. 

Kollect’s goals are to help to improve Collections & Recovery efficiencies within the Lending and Financing environments globally, while tightly integrating with multiple core banking and cards systems. We assist Banks and Financial Institutes to improve their overall Non-performing Loans (NPL) or Financing (NPF) processes, debt recovery rates; reduce the net flow rates; and improve overall customer experiences while seeking for timely payments. 

KollectApps also facilitates the complex full settlement computations and write-off processes easily for the Recovery groups of the organization. It leverages the BASEL II output of probability of default (PD), loss given default (LGD) and strategy codes for recovery workflow and strategies. 

KollectApps for BankTech, are used by Banks, Shariah Financing, Credit Cards, Student Loans and Distressed Asset Buyers. The lending financial products supported by KollectApps include Consumer Loans/Financing, Mortgage, Hire Purchase, Auto Financing, Overdraft, Personal Loans / Financing, Trade Financing, Cashline, Corporate & Commercial Loans / Financing, Student loans, etc. We support both the “Good Bank” and the “Bad Bank” functionalities as required.  

KollectApps is an innovative scalable system which supports hundreds of millions of Customers & Accounts and tens of thousands of users, simultaneously with the following focus:

  1. Kollections and Recovery Ecosystem 
  2. Workflow and Strategies Automation 
  3. Segmentation, Risk and Scoring Calculations 
  4. Dashboards and Analytics

KollectAppsArchitecture Framework

The KollectApps solution architecture overview is as follows:

KollectApps – Modules

The KollectApps modules are as follows:

Kollections

Enterprise Debt Collections System 

KollectWrite-off

Financial Computation & Write-off Management 

KollectRecovery

Recovery Management

KollectRepo

Comprehensive Repossession Solution

KollectReport

Reports, Templates & Letters Generation 

KollectAgency

Debt Collection Agency Management

KollectDialer

Dialer & Call Center Capabilities 

KollectAnalytics

Multi-dimensional Cubes & Analytics 

KollectLegal

Legal Process and Law Firm Management 

KollectIntegrator

Online & Batch Integration Platform

Kollections

Enterprise Debt Collections System 

KollectRecovery

Recovery Management

KollectAgency

Debt Collection Agency Management

KollectLegal

Legal Process and Law Firm Management 

KollectWrite-off

Financial Computation & Write-off Management 

KollectRepo

Comprehensive Repossession Solution

KollectDialer

Dialer & Call Center Capabilities 

KollectIntegrator

Online & Batch Integration Platform

KollectReport

Reports, Templates & Letters Generation 

KollectAnalytics

Multi-dimensional Cubes & Analytics 

KollectApps supports the entire ecosystem of the BankTech space for Collections, Recovery, Agency, Legal, Repo and External Credit Bureaus.

Kollections

 

  • Kollections
  • Dynamic Worklist Generation &
    Assignment
  • Visual Treatment Manager (Calls,
    SMS, Notices, etc.)
  • Scoring Engine (Kollections Risk,
    Behavior, Profile, etc.)
  • Profiling and Segmentation
  • Unified Kollections of multi- products
    or multi host systems
  • On-line Performance Monitoring
  • Reports of Kollections

 

View More

KollectAgency

 

  • Agency Panel Registration and Approval
  • Agency Engagement Contract & Terms Management
  • Accounts Files & Cases Distribution to Outsourced Agencies
  • Billing and Invoice Management
  • Online Application Usage and Tracking of Agencies
  • Reports for Agencies

 

 

 

 

 

 

 

 

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KollectWrite-off

 

  • Write-off and Write-back management supported
  • Ledger Processor to continue to compute interests and financing charges after Core Banking stops all such computations
  • Payment Knock-off Rule of Apportionment toolkit for Principal, Miscellaneous Charges, Accrued Interests, Addition Penalty Interest and Advance Payment Details
  • All retrospective past multi-year calculations are done in KollectApps, not in Excel
  • Advance aging calculations engine for Write-off and write-back type of Accounts
  • Generate an active Statement of Account for write-off, full settlement or other types of Recovery Accounts

 

View More

KollectDialer

 

  • Dialer Integration within the application
    with built in Softphone for Push Button
    Dialing
  • Outbound Call Integration
  • Inbound Call Integration
  • Workstation Status Integration
  • Campaign Call Lists
  • Preview Mode
  • Progressive / Predictive Mode
  • Reports of Auto-Dialer Integration

 

 

 

 

 

 
 

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KollectReport

 

  • Reports Designer
  • Reporting Scheduler
  • Multi-format output (xls, pdf, xml, etc.)
  • Embedded into the KollectApps Software
    suite from Kollect
  • Reporting Distribution via email
  • Comprehensive Charting and visual data
    depiction

 

 

 

View More

KollectRecovery

 

  • Restructuring and Rescheduling
    Management
  • Provisioning of Bad Debt (Specific and
    General)
  • Foreclosure Management (LACA,
    Registry, Land Office, etc.)
  • Collateral & Asset Disposal Management
  • + Write-off Management with Financial
    Ledger processing engine (Optional)
  • Post-dated Cheque Management
  • Reports for Recovery

 

 

View More

KollectLegal

 

  • Law Firm Panel Registration
  • Law Firms Engagement Contract & Fees Scale Management
  • Cases Distribution to Law Firms and internal teams
  • Legal Instructions and Next Step Actions management
  • Legal & Case Tracking by Bank and Law Firm’s staff
  • Billing and Invoice Management
  • Online Application Usage and Tracking of Law Firms
  • Reports for internal Legal department and Law Firms

 

View More

KollectRepo

 

  • Repo Agencies and Repo Agents Panel
    Registration
  • Contract, Billing & Invoicing Management
  • Online platform for RepoAgency,
    RepoAgents, Storeyard and Auctions
  • Bank’s platform for Repo Tracking
  • Mobile app for RepoAgents to update online
  • Manage all repo documents, RO notices,
    Schedules 4th & 5th, Store yard inventory,
    Police Reports and Auctions
  • Online Reports for Banks & Repo Agents

 

 

 

 

 

 

 

 

View More

KollectIntegrator

 

  • Data Extraction, Transformation,
    Transportation (SFTP) and Loading
    module to facilitate the integration with a
    multitude of Core Banking, Credit Cards
    and other Financial systems.
  • Faceless deployment engine to run lights
    out in an automated environment
  • Online real-time host system interface
    supporting ISO 8583, Web Services,
    Silverlake DSP
  • Supports IBM WebSphere Message
    Broker Environment
  • Web Services Integration – SOAP,
    WSDL, REST

 

View More

KollectAnalytics

 

  • Intelligent multi-dimensional analytic
    cubes for Collections, Recovery, Agency,
    Legal, Write-off, etc.
  • Dashboards and aggregated Information
    views
  • Actionable insights to patterns of
    behavior of each customer
  • Interactive Drill-Downs, Dimensioning,
    Filtering Options
  • Intelligence Delivery

 

View More

Kollections

 

  • Kollections
  • Dynamic Worklist Generation &
    Assignment
  • Visual Treatment Manager (Calls,
    SMS, Notices, etc.)
  • Scoring Engine (Kollections Risk,
    Behavior, Profile, etc.)
  • Profiling and Segmentation
  • Unified Kollections of multi- products
    or multi host systems
  • On-line Performance Monitoring
  • Reports of Kollections

 

View More

KollectRecovery

 

  • Restructuring and Rescheduling
    Management
  • Provisioning of Bad Debt (Specific and
    General)
  • Foreclosure Management (LACA,
    Registry, Land Office, etc.)
  • Collateral & Asset Disposal Management
  • + Write-off Management with Financial
    Ledger processing engine (Optional)
  • Post-dated Cheque Management
  • Reports for Recovery

 

 

View More

KollectAgency

 

  • Agency Panel Registration and Approval
  • Agency Engagement Contract & Terms Management
  • Accounts Files & Cases Distribution to Outsourced Agencies
  • Billing and Invoice Management
  • Online Application Usage and Tracking of Agencies
  • Reports for Agencies

 

 

 

 

 

 

 

 

View More

KollectLegal

 

  • Law Firm Panel Registration
  • Law Firms Engagement Contract & Fees Scale Management
  • Cases Distribution to Law Firms and internal teams
  • Legal Instructions and Next Step Actions management
  • Legal & Case Tracking by Bank and Law Firm’s staff
  • Billing and Invoice Management
  • Online Application Usage and Tracking of Law Firms
  • Reports for internal Legal department and Law Firms

 

View More

KollectWrite-off

 

  • Write-off and Write-back management supported
  • Ledger Processor to continue to compute interests and financing charges after Core Banking stops all such computations
  • Payment Knock-off Rule of Apportionment toolkit for Principal, Miscellaneous Charges, Accrued Interests, Addition Penalty Interest and Advance Payment Details
  • All retrospective past multi-year calculations are done in KollectApps, not in Excel
  • Advance aging calculations engine for Write-off and write-back type of Accounts
  • Generate an active Statement of Account for write-off, full settlement or other types of Recovery Accounts

 

View More

KollectRepo

 

  • Repo Agencies and Repo Agents Panel
    Registration
  • Contract, Billing & Invoicing Management
  • Online platform for RepoAgency,
    RepoAgents, Storeyard and Auctions
  • Bank’s platform for Repo Tracking
  • Mobile app for RepoAgents to update online
  • Manage all repo documents, RO notices,
    Schedules 4th & 5th, Store yard inventory,
    Police Reports and Auctions
  • Online Reports for Banks & Repo Agents

 

 

 

 

View More

KollectDialer

 

  • Dialer Integration within the application
    with built in Softphone for Push Button
    Dialing
  • Outbound Call Integration
  • Inbound Call Integration
  • Workstation Status Integration
  • Campaign Call Lists
  • Preview Mode
  • Progressive / Predictive Mode
  • Reports of Auto-Dialer Integration

 

 

 

 

 

 

 

 

 

 

View More

KollectIntegrator

 

  • Data Extraction, Transformation,
    Transportation (SFTP) and Loading
    module to facilitate the integration with a
    multitude of Core Banking, Credit Cards
    and other Financial systems.
  • Faceless deployment engine to run lights
    out in an automated environment
  • Online real-time host system interface
    supporting ISO 8583, Web Services,
    Silverlake DSP
  • Supports IBM WebSphere Message
    Broker Environment
  • Web Services Integration – SOAP,
    WSDL, REST

 

View More

KollectReport

 

  • Reports Designer
  • Reporting Scheduler
  • Multi-format output (xls, pdf, xml, etc.)
  • Embedded into the KollectApps Software
    suite from Kollect
  • Reporting Distribution via email
  • Comprehensive Charting and visual data
    depiction

 

 

 

View More

KollectAnalytics

 

  • Intelligent multi-dimensional analytic
    cubes for Collections, Recovery, Agency,
    Legal, Write-off, etc.
  • Dashboards and aggregated Information
    views
  • Actionable insights to patterns of
    behavior of each customer
  • Interactive Drill-Downs, Dimensioning,
    Filtering Options
  • Intelligence Delivery

 

View More

We Cater For

 

Conventional / Universal Banking

Cards, Consumer Retail, Corporate, Commercial

Islamic Shariah Banking

Cards, Consumer Retail, Corporate, Commercial

Credit Cards only

Cards – Consumer and Corporate

Bad Bank, Debt Buyers / Asset Rehab

Companies (ARC)

Consumer, Corporate & Retail products

Government Student Loans

Conventional Loans and Islamic Financing

Government Housing Loans

Consumer Retail loans

Please Contact Us

Via Email, Telephone or WhatsApp