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Increase Collections Success With Smarter Data Insights

Missed payments don’t have to mean lost revenue. Bankuity’s platform delivers actionable insights and tools to improve recovery rates and streamline collections.

Why Your Collection Yields Consistently Fall Short

When collection efforts are poorly timed or based on limited data, financial institutions experience increased defaults and reduced recovery rates.

Incomplete Picture of Customers’ Repayment Capability

Creditors face lost recovery chances by not being able to detect when customers regain financial stability. Moreover, without risk insights, collections efforts lack focus.

Inflexible Terms That Don’t Evolve With Customers

Creditors lack the data and tools to dynamically adapt repayment terms to changes in customers’ financial situations, missing recovery opportunities.

Missed Repayments From Poor Timing and Compliance Limits

Strict collection limits give creditors few chances to comply with regulations. Without real-time insights, they risk missing optimal repayment outreach.

How Bankuity Increases Collections Yield

Bankuity’s data-driven tools give creditors the ability to spot at-risk customers early and implement recovery strategies that increase the likelihood of repayment.

Identify the Best Time to Recover Missed Payments

Following a missed payment, monitor customer finances to identify the optimal time to reschedule payments, maximizing your recovery chances.

Continuously monitor customer income and spending patterns at any time post-origination.

Generate payment reschedule alerts when a customer is most likely able to make a missed payment.

Recover missed payments efficiently by reaching out at the right time.

Set Repayment Schedules Customers Can Meet

Develop personalized repayment schedules that align with the nuances and evolving dynamics of customer income and cash flow.

Analyze customer income, expenses, and cash flow to recommend affordable arrangements.

Prevent repeated missed payments by ensuring due dates align with customers’ financial realities.

Increase recovery rates with personalized, data-backed schedules that reduce customer strain.

Track Customer Finances for Dynamic Adjustments

Respond to changing customer circumstances with real-time monitoring and adaptive strategies that drive agility.

Monitor income fluctuations that affect repayment ability.

Modify repayment plans dynamically to suit changing customer situations.

Reduce defaults from the start with personalized plans based on detailed, actionable financial insights.

Spot and Take Quick Action On High-Risk Accounts

Identify customers with the highest risk of default early on in the contract, so you can proactively allocate resources wisely.

Use actionable insights to identify customers with the highest likelihood of default.

Cut down on operational waste by swiftly addressing high-risk customer profiles.

Improve funding recovery by focusing on high-risk customers through targeted outreach efforts.

Contact High-Risk Customers at the Perfect Time

Time outreach with precision using customer behavior insights, ensuring you connect when they’re most receptive to your communications.

Identify the best times to contact customers based on financial activity.

Improve recovery outcomes by contacting customers at peak times.

Reduce operational costs by improving the success rate of contact attempts to high-risk accounts.

Recover More Revenue With Bankuity

Bankuity’s real-time monitoring and customer insights empower creditors to recover missed payments, reduce operational costs, and boost collections success. Schedule your demo today.