Delinquencies, long customer outstanding, bad debts, recovery and legal recourse are tied to challenges faced in the collections processes. With miFIN™ Collections, you have a debt collection software that can automate and optimize the collections management workflows, so you are able to strategize the right actions for the right case. As a result, collections become more efficient, delinquency is minimized and business costs reduce.
miFIN™ Collections enables sourcing of cases from one or many sourcing systems, categorizing cases and creating logic-based queues and sub-queues based on the action you want to take on each. You can allocate cases to collectors on a case basis or in bulk. With features to handle Promise to Pay, templatized dunning, legal process and repossession management, miFIN™ empowers your collections team to be more efficient and focussed resulting in reduced delinquencies.