EarlyResolution loan default management features
EarlyResolution’s loan management software features
include:
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Scalability. Our software for loan default
management can easily handle any number of workout
decisions at any rate and automate any number of
workflows, all thanks to the power of cloud
computing.
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Configurability. Unlike some loan management
software solutions, EarlyResolution enables you to
tailor your system to your specific loan types and
workflows, making it more effective as a result.
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Omnichannel experiences. EarlyResolution
supports a wide variety of digital touchpoints and
contact channels and unifies customer experiences
across any number of them.
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Comprehensive functionality. EarlyResolution
supports all types of loans, making it a suitable
loan management software for small business loan
defaults and more. It also comes with a self-service
borrower portal, report generation features, and
more.
4 EarlyResolution benefits
EarlyResolution is among the best loan management
software solutions for managing default as it enables
lenders to reap the following four benefits:
-
Cost savings. EarlyResolution reduces call
management cycle time and enhances resource
productivity, resulting in 25% to 30% in savings.
Available under the SaaS model, EarlyResolution
doesn’t require bespoke loan management software
development: it’s available as a plug-and-play
solution.
-
Efficiency boost. EarlyResolution delivers a
30% to 50% workflow lift in resource and efficiency
gains to its users. It can also reduce decision
timelines within lender organizations by up to 20%.
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Single source of truth. EarlyResolution
organizes all data from multiple contact channels
and loan management software systems in one
omnichannel solution, providing a single view of
every customer and a common debt collection and loss
mitigation platform.
-
Streamlined customer interactions. With
EarlyResolution, borrowers can take charge of their
experiences and speed up default management
processes from a comprehensive self-service borrower
portal and chatbot.
