Loxon Collection System is intended to provide you with broad and flexible support for managing past due deals (bad credits). It handles any delinquent deal through the whole default life cycle, from the date of delinquency up until the date of repayment or until resolving the claim in any other way.
for dealing with
What we achieved at part of Collection?
- Home Credit B.V. fortifies its collection practice with Loxon’s Collection System
Home Credit B.V. selected Loxon Solutions for its Collection System because we were looking for a flexible, scalable and robust solution. and a long-term relationship with the solution provider. The final shortlist of three potential partners was evaluated on stringent parameters: their credibility, financial positions, and strength of the solutions based on proof of concepts. Loxon Solution’s Collection System was thus awarded the mandate.
- Loxon implemented its solution for the Egyptian Collateral Registry
Loxon was and is still the backbone for availing the solution of the Egyptian Collateral Registry ECR, where the system was fully developed and implemented as per the Egyptian law and regulatory requirements, in a timely manner and a very outstanding professionalism. Loxon provided all support and dedication to our company to achieve the system on which enabled Egypt to be acknowledged by Doing Business report 2019 issued by World bank group.
There are different ways to achive your goals
When you need
to choose Loxon’s
- No CapEx. No maintenance. Continuous innovation andcustomer-centricity. Our cloud- native collection SaaS is based on 20 years of global expertise. It is composable, delivered with rapid time to market, and made uniquely flexible with overarching integrated no-code capabilities. All of this provides adaptive superpower in a changing world.
- Provide you with a high standard debt collection System for all business lines (retail, sme, corporate)
- Flexibly map your collection strategies and workflows with graphical editor and help fine tuning them with the Champion/ Challenger method
- Support you in contacting your customers via any channels: phone calls, warning letters, SMS and emails
- Cover your hard collection processes (debt selling, write off, etc.) Support your legal workflows (execution, court processes, etc.) Support automatic actions and decisions such as checking payment promises, skip tracing, automatic notice, etc.
- Support the communication with external agencies
- Handle different types of collaterals, register and allocate costs
- Maintain the operators’ task lists in real-time
- Calculate collection score reflecting the customer’s risks and behavior
- Provide reports to different management levels
Loxon Collection System
benefits and perks
You can manage the parameterization of the System either through the user-friendly interface, or from a UML tool. Thus, you can define you business processes and rules in the graphical tool, and then simply load the parameterized model into the System.
With Loxon Collection System, you can quickly adapt your collection processes to changing business requirements. You can execute almost any task from its user interface, such as phone calls (supported by progressive and predictive dialer), document printing, SMS, e-mail sending, on-line data query, and many others.
More than that, the System provides you with additional assistance in executing routine tasks automatically (printing certain types of documents, sending SMS and e-mails, checking a customer’s payment promise, etc.).