ACE Collect

ACE Collect is a revolutionary app designed to streamline the lending process for Non-Banking Financial Companies (NBFCs), small banks, private lenders, and finance companies of all sizes. By leveraging cloud technology, the app allows lenders to simplify and automate their borrowing experience, resulting in faster loan closures and improved operational efficiency. This collection management system empowers lenders to easily track and manage field collections, and seamlessly share collection data with various agencies. With features like dashboard analytics, loan details search, repayment acceptance, and mobile receipt printing, the app is a game-changer in the lending industry. Say goodbye to manual processes and hello to a more efficient, automated future with ACE Collect.

Features of ACE Collect:

Collection Management System: The app is a powerful collection management system that allows lenders to streamline the collection process. It enables field collections and the pushing of collection data to various collection agencies.

Dashboard Analytics on Collection: The app provides a comprehensive dashboard that gives lenders access to real-time analytics on their collection activities. This includes information on the amount collected, outstanding amounts, and the performance of collection agents.

Accept Repayment: The app allows borrowers to make repayments directly through the app. This feature simplifies the repayment process, making it convenient for borrowers and reducing the chances of default.

Cash Management: With the app, lenders can easily manage and track cash payments collected from borrowers in real-time. The app provides features for recording cash transactions, generating receipts, and reconciling the collected cash.

Tips for Users:

Utilize the Dashboard: Take advantage of the dashboard analytics to get a clear overview of your collection activities. Use the information provided to track the performance of your collection agents, identify areas of improvement, and make data-driven decisions.

Encourage Borrower Repayments through the App: Promote the use of the app for borrowers to make repayments. Highlight the convenience and ease of use of this feature to encourage more borrowers to utilize it, thus increasing collection efficiency.

Regularly Review Cash Transactions: Regularly review and reconcile the cash transactions recorded in the app. This will help identify any discrepancies or errors in the cash management process, ensuring accurate records and minimizing the risk of financial losses.

Conclusion:

ACE Collect is a robust collection management system that provides powerful features and tools to streamline the collection process for lenders. With its dashboard analytics, borrowers can track their collection activities in real-time and make data-driven decisions. The app also offers convenient features such as accepting repayments and managing cash transactions, making it easier for borrowers to meet their repayment obligations. By utilizing the app and following the playing tips mentioned above, lenders can optimize their collection process, close loans faster, and improve operational efficiency. Download the app today and simplify your borrowing experience.