peterjohnson
77 posts
Oct 29, 2024
11:25 PM
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What is the impact of Tallyman on Axis Bank’s loan recovery rates?
Tallyman significantly improves Axis Bank’s loan recovery rates by optimizing the debt collection process. Its automated reminders and follow-ups ensure that customers are consistently informed of their overdue payments, reducing the likelihood of missed or delayed payments. Moreover, the software's ability to track customer interactions and payment history allows collection agents to take a more personalized approach when handling overdue accounts, improving the chances of recovering the loan. The real-time analytics and reporting features also help Axis Bank adjust their recovery strategies based on performance data, ultimately boosting loan recovery rates. You can read the entire article at https://revenuefamily.com/.
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