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    Collections and Delinquency

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    Sold by: M2P Fintech 
    Full Suite Collections and delinquency Management Platform
    Listing Thumbnail

    Collections and Delinquency

     Info
    Sold by: M2P Fintech 

    Overview

    M2P Collect is a cutting edge, SAAS based full suite debt collection platform that empowers lending institutions to efficiently manage their collection and repayment operations. This innovative platform offers a comprehensive array of features, enabling lenders to automate, streamline, and orchestrate collections seamlessly across multiple touch points throughout the collection life cycle. M2P Collect facilitates a smooth and efficient end to end collection journey. It starts with the inception of well crafted campaigns and extends to various digital and non digital channels. This holistic approach ensures maximum coverage and optimal engagement with delinquent customers/debtors, significantly enhancing the chances of successful recoveries.

    Diverse collection strategy engine: Using M2P collect an enterprise can define varied collection strategies based on geolocation, product type, delinquency bucketing, outstanding value, date based strategies and status based strategies.

    Multilingual Chatbot for Enhanced Engagement: To cater to a diverse global market, M2P Collect boasts a multilingual chatbot feature that fosters seamless communication with debtors who prefer interacting in their native languages. This personalised approach increases debtor cooperation and builds trust, ultimately leading to higher recovery rates.

    Automated Calling Solutions: With M2P Collect, lending institutions gain access to automated communication channels to provide a platform for clear communication between lender and delinquent customer.

    Payment gateway integration: The platform facilitates generation of payment links capable of allowing delinquent customers to pay through any type of digital payment instruments based on their convenience. This feature expedites the repayment process, leading to less intrusive experience.

    Streamlined Settlement and Legal Flows: M2P Collect provides lending institutions with simplified settlement and legal workflows. This feature enables efficient management of negotiated settlements and, if necessary, a smooth transition to legal proceedings when other collection efforts have been exhausted.

    Intuitive Dashboard and Reporting Capabilities: The platform's intuitive dashboard empowers lenders with real time insights and comprehensive analytics on collection performance, agent productivity, and delinquent customer behaviour. With these powerful reporting capabilities, lending institutions can make data driven decisions and fine tune their collection strategies for optimal results.

    Mobile Application with Geotagging: If opted M2P Collect comes optionally equipped with a powerful field mobile application integrated with geotagging technology. Debt collection agents can efficiently manage their assigned tasks, access delinquent customers information on the go, and leverage geotagging for location based tracking, thereby optimising their productivity and ensuring timely follow ups.

    Highlights

    • M2P Collect - The enterprise collection platform with Multi-Channel Outreach capabilities, Multiple dashboards to trigger performance optimisation, Rule-Based campaign automation, unique collection strategy definition engine and finally ability to integrate with varied payment gateway options.
    • The M2P_Collect product utilises a tech stack comprising Linux OS, Docker-based deployment with Jenkins CI/CD, Keycloak for identity management, AWS S3 for file storage, and a development stack encompassing MEAN (MongoDB, Express.js, Angular, Node.js), GoLang, and Flutter for seamless cross-platform app development.

    Details

    Delivery method

    Features and programs

    Financing for AWS Marketplace purchases

    AWS Marketplace now accepts line of credit payments through the PNC Vendor Finance program. This program is available to select AWS customers in the US, excluding NV, NC, ND, TN, & VT.
    Financing for AWS Marketplace purchases

    Pricing

    Collections and Delinquency

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    Pricing is based on contract duration. You pay upfront or in installments according to your contract terms with the vendor. This entitles you to a specified quantity of use for the contract duration. Usage-based pricing is in effect for any usage exceeds the entitle amount or not covered in the contract. These charges will be applied on top of the contract price. If you choose not to renew or replace your contract before it ends, access to your entitlements will expire.

    1-month contract (2)

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    Dimension
    Description
    Cost/month
    Charge / Loan accounts
    Charge for one loan account maintained
    $0.10
    Mobile app / Agent
    Charge Per agent mobile application user creation
    $0.01

    Additional usage costs (5)

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    The following dimensions are not included in the contract terms, which will be charged based on your usage.

    Dimension
    Cost/unit
    upto 5 Integrations - One Time Fee
    $15,000.00
    upto 10 Integrations - One Time Fee
    $35,000.00
    Migration & customisation are charged as per off-site man hour efforts
    $40.00
    One time Setup and configuration fee - One Time Fee
    $20,000.00
    All Platform configurations (Mandatory) - One Time Fee
    $35,000.00

    Vendor refund policy

    NA

    Legal

    Vendor terms and conditions

    Upon subscribing to this product, you must acknowledge and agree to the terms and conditions outlined in the vendor's End User License Agreement (EULA) .

    Content disclaimer

    Vendors are responsible for their product descriptions and other product content. AWS does not warrant that vendors' product descriptions or other product content are accurate, complete, reliable, current, or error-free.

    Usage information

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    Delivery details

    Software as a Service (SaaS)

    SaaS delivers cloud-based software applications directly to customers over the internet. You can access these applications through a subscription model. You will pay recurring monthly usage fees through your AWS bill, while AWS handles deployment and infrastructure management, ensuring scalability, reliability, and seamless integration with other AWS services.

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    Support

    AWS infrastructure support

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