EarlyResolution loan default management features
EarlyResolution’s loan management software features include:
-
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.
-
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.
-
Omnichannel experiences. EarlyResolution supports a wide
variety of digital touchpoints and contact channels and unifies
customer experiences across any number of them.
-
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%.
-
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.
