When it comes to debt collection, it is never easy to reach out to debtors and onboard them. It’s mainly done through phone, emails, and text messages and then an operator tries to discuss further details with the debtor.
Algoan can help with onboarding debtors in an easy and simple way.
Algoan Chatbot can simulate a human conversation and is easily customizable allowing you to communicate effectively with debtors while collecting main information that will help you collect the debt.
Algoan Chatbot incorporates Open Banking data aggregation, KYC and electronic signature technologies to ensure a streamlined debt collection experience.
Instead of basing your negotiation with the debtor on declarative data, use Algoan solutions in order to get accurate and up-to-date data directly retrieved from the debtor’s bank account.
You can instantly get information about the debtor’s financial situation such as:
But also other insights that will help you in collecting the debt such as:
Algoan Credit Insight helps debt collectors get a precise idea of the debtor’s financial situation, which is key in order to reach an acceptable repayment agreement between the debtor and the debt collector.Credit Insights
Algoan Dashboard is a customizable dashboard that helps debt collectors get all the data that matters in a single view in order to save time and increase analysts/operators’ productivity.
Having such digest information in one place helps debt collectors easily simulate and negotiate acceptable payment plans with debtors while taking into consideration the real financial situation of each individual debtor.