Collection

Collection

Overview

Smooth cash flow is critical for the survival and growth of any company. Collecting money from customers is complicated process and is vulnerable to fraud. EFFORT enables field agents to check the amount to be collected from each customer, their payment history, collect money via cash, cheque, debit/credit cards, and issue them receipts, whether the field agent’s mobile is connected to internet or not.

Process

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Pending receivables are assigned to collection agent.

Pending receivables are assigned to collection agent.
Mobile app automatically downloads all the collection jobs that are assigned to the agent for offline usage.

Mobile app automatically downloads all the collection jobs that are assigned to the agent for offline usage.

Agent visits customer and collects money through the payment method the customer prefers (Cash, Cheques, Debit/Credit Cards, etc.).

Agent visits customer and collects money through the payment method the customer prefers (Cash, Cheques, Debit/Credit Cards, etc.).
Deposits the money in the bank and reports it back.

Deposits the money in the bank and reports it back.

Mobile app automatically synchronizes the information about the collections and deposits made, which the managers can use to plan their business.

Mobile app automatically synchronizes the information about the collections and deposits made, which the managers can use to plan their business.
Pending receivables are assigned to collection agent.

Pending receivables are assigned to collection agent.

Mobile app automatically downloads all the collection jobs that are assigned to the agent for offline usage.

Mobile app automatically downloads all the collection jobs that are assigned to the agent for offline usage.

Agent visits customer and collects money through the payment method the customer prefers (Cash, Cheques, Debit/Credit Cards, etc.).

Agent visits customer and collects money through the payment method the customer prefers (Cash, Cheques, Debit/Credit Cards, etc.).

Deposits the money in the bank and reports it back.

Deposits the money in the bank and reports it back.

Mobile app automatically synchronizes the information about the collections and deposits made, which the managers can use to plan their business.

Mobile app automatically synchronizes the information about the collections and deposits made, which the managers can use to plan their business.

Metrics

40%
Increase in Collections
30%
Increase in productivity

Benefits

  • Better Planning of Field Visits based on Receivables
  • Faster Visibility of Collection Activities
  • Increased Recovery
  • Anywhere any time issues complete collections

Features

  • Configure multiple collection processes
  • Receivables based routing
  • Issuing of Receipts in offline mode will all contracts available offline
  • Visibility of Field employee collections in Near real-time
  • Built-in integration with several mainstream Bluetooth printers
  • Built-in integration with several mainstream payment processing devices
  • Enhanced Security options to completely secure information when in offline
  • Integration with Home grown or standard collection products