The average financial services company has over 40 percent of assets tied up in their debtors, so debt recovery is an important part of any strategy to reduce capital exposure. However, collections and debt management can consume considerable time and resources due to inefficient processes, complicated procedures and a lack of centralization. AIMS provides organizations with an all-in-one debt management solution, an automated and customizable platform that improves efficiency and transparency while reducing account management costs.
- Automate debt management processes and third party interactions
- Increase traceability of documents including letters of demand and legal notices
- Enhance consistency, quality and speed of decisions with consolidated account data, embedded business rules and scripting