Latest Breaking News On - A pioneering saas based debt collections platform to drive digital solutions for its msme customers in south india since the implementation of project - Page 1 : comparemela.com
New Delhi [India], February 8 (ANI/PRNewswire): IREP Credit Capital, a Non-Deposit taking Non-Banking Financial Company (NBFC-ND) recently partnered with Credgenics, a pioneering SaaS-based debt collections platform to drive digital solutions for its MSME customers in South India. Since the implementation of the project, IREP has witnessed a 3X increase in field recoveries, higher efficiencies through 50 per cent increase in number of field visits and 35 per cent field collections coming through digital payments mode. With a keen eye on deepening financial inclusion across India, IREP Credit Capital is focused on giving MSMEs more power and making it easy to get sustainable credit solutions. Credgenics CG Collect mobile application has enabled IREP Credit Capital to digitize the debt collection processes, streamline reconciliations and empower the field teams. The advanced capabilities of CG Collect app have augmented the loan allocations process, simplified visit management, reduced p