WEBINAR OVERVIEW
Pandemic continues to create economic stagnation, and major industries are coming to a complete halt. It is without a doubt that the collections and recovery units must prepare themselves for the next recession.
Many collections companies, both first and third parties, have given precedence over automating their collections efforts as part of their digital transformation strategies. Which include: Identifying collector’s effectiveness, Recognizing customer’s intent to pay, Limited ability to build propensity to pay models based on risk, Inefficient and inaccurate after-call work summaries, and Identifying and analysing reasons for non-payment
Today, collectors at all steps of the debt lifecycle—continual borrowing that leads to increased debt, increasing costs, and eventual default, are diverting their attention to Conversational AI and Automation applications to automate their collections efforts.
The company needs to deliver a positive, end-to-end collection experience if it wants to achieve higher recoveries, retain more customers, protect its brand reputation, and reduce compliance risk: To improve customer experience, increase payment and debt recovery, reduce operational costs, and improve compliance and security.
TALKING POINTS
- Need for enhanced customer experience, larger payment & debt recovery, lower operational costs and improved compliance and security.
- Increasing demand for efficient insights in order to achieve reduced operational costs & costs-to-collect, improved agent experience & reduced agent churn.
- How Conversational AI & Automation provides with a much deeper insight into the customer’s financial conditions.
THIS WEBINAR WILL FOCUS ON
- Inefficient and inaccurate after-call work summaries, identifying and analysing reasons for non-payment- are some of the many factors that are being prioritised over automating the collections by multiple collection companies.
- Need for a constructive, end-to-end collection experience in order to attain increased recoveries, improved customer retention, preserve brand reputation & decreased compliance risk.
- Increased demand for reduced friction in customer-agent collection experience, improved efficiency of automated after-call work and accurate insights on post-interaction analytics.
Meet Your Speakers
Kian Foh Then
Deputy Group CEO & Group COO at Collectius
Speaker Profile
Mr. Rahul Chopra
Digital Transformation Expert in BFSI
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Previous Speakers
Brano Vargic
Chief Digital & Transformation Officer | COO | Executive Team Member at Phu Hung Life Insurance
Ella Nguyen
Co-Founder and CGO for Innovature BPO.
Speaker Profile
Chu Hong Hanh
Head of Innovation Lab ACB - top largest banks in Vietnam
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Ha Nguyen
Head of Operational Risk Management Department of Orient Commercial Joint Stock Bank (OCB)
Speaker Profile
Phu Pham
Senior Manager of Innovation and Customer Experience Delivery at Techcombank (TCB).
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Evy Nguyen
Head of Customer Experience of Viet An Group
Speaker Profile