Today’s economic situation is very unpredictable and has put many companies under extreme financial strain. Bad debt is the reason for a lot of organizations to lose out on profits and positive financial investment. Developing good money collection strategies, identifying accounts with the highest payment potential, analysing industry trends and testing new strategies is important for any financial organization.
Neolotex has a specially developed field money collection software in India known as MOBiFIN. It is a mobile based tool for effective field collection through careful coordination. It helps in monitoring resources across a large geographical area for debt collection and makes it easy even for remote areas. Our technology is used in NBFCs and chit firms for on field collection. We use a unique BYOD model wherein the organization can embrace our expert technology without having to invest in mobile devices. Our expert handling process cuts cost, improves the process, and increases debt collection.
