SaaS-ification for faster debt recovery
Debt recovery is a critical process for any business that extends credit to its customers. However, the traditional debt collection process can be time-consuming and resource-intensive, often resulting in delayed payments and lost revenue. As
Read More ⟶Tips to manage multi-channel debt collection
What is Multi-Channel Debt Collection? Multi-channel debt collection refers to the use of various communication channels to contact debtors and collect overdue payments. These communication channels may include phone calls, letters, emails, text messages, and
Read More ⟶A Guide to Bad Debt Recovery Process
What is Bad Debt Recovery? When the payment received for a loan cannot be collected, it can be called a bad debt. Every organization or business goes through unpaid customer accounts, where they cannot collect
Read More ⟶Laws that govern debt recovery in India
Debt recovery is a crucial aspect of the financial sector and is governed by a set of laws in India. These laws aim to provide a structured process for creditors to recover their outstanding debts
Read More ⟶5 Transformational Debt Collection Technology
Debt collection is an essential aspect of the financial industry that has undergone a revolution through technology. In the past few years, banks and non-banking financial companies (NBFCs) have significantly shifted toward digitalization and automation.
Read More ⟶Tips for Accounts Receivable Recovery
Accounts Receivable Recovery is the process of collecting payment from customers who have purchased goods or services on credit. This process is an essential aspect of managing a business’s finances. It involves ensuring that customers
Read More ⟶Guide to Debt Recovery Laws in India
What is Debt Recovery Law? Let us know what a debt recovery law is before we learn more about India’s debt recovery laws. Money transactions keep happening and small-time business owners to big business houses
Read More ⟶A Guide to Money Recovery from Debtors in India
If you have sold something to a customer or a client, and the payment is getting delayed, then it is time to act. You cannot resolve the matter without taking action that might put the
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