Loxon Collection

Loxon
Lending

Would you gain process efficiency and integrate risk assessment? Control the whole lending lifecycle from sales and decision steps all along to contracting and monitoring phases.

Loxon
Collateral Management

Missing Basel II compliant collateral analytics? Keep record of your collaterals and optimize your regulatory and economic capital requirement.

Loxon
Collection

Facing rapidly growing ratio of bad debts? Improve your collection strategies, reach more customers with your collection team and automate more to increase collected recoveries.

Loxon
Rating/Scoring

Plan to improve your decision and client monitoring practices? Centralize financial data capture, use various indicators, quantitative and qualitative measurements.

Loxon
Limit Management

Using limit based approach in corporate lending? Build your limit structure and evaluate limit usage of customers and groups according your credit policy.

Loxon
Early Warning

Need to recognize problematic exposures in an early stage? Wish to up-sell to good clients? Predict the probability of default using behavioral approach on expert or statistical base.

Loxon
Basel2

Implementing Basel II regulations? Utilize state-of-the-art risk calculation methods, maximize risk adjusted performance and become fully Basel II compliant.

Loxon Collection

Loxon Collection system is a full scale debt collection software recommended for banks, leasing companies, and collection agencies. The system supports both retail and corporate collection processes covering all phases of collection (e.g. early, soft, hard and legal collection phases). The collection workflow can be graphically edited by users without IT support, thus the system can virtually support all automatic and manual tasks. The system makes available the users to define multiple collection strategies based on user defined criteria system. These strategies can be based on user defined input variables, including the results of collection behavior scores, since the system has a built in scoring engine, too. The in-built dialer functionality can flexibly be interfaced to call centers, and supports both predictive and progressive dialing. By using scripts the flow of the client conversations can be standardized among the operators. Business users can define and upload user designed document, e-mail, sms and report templates without IT support. These templates can be inserted into the workflow by the business users also by a fully parameterizable way.

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We Can

Provide you with standard graphical tool for defining collection strategies and with built in collection tools that can be used as building blocks for workflow building
Support you in contacting your customer via phone calls, personalized warning letters, personalized SMS messages
Support numerous automatic action and decision such as checking the fulfillment of the payment promise, skip tracing, checking the condition of automatic notice, etc.
Support the restructuring of deal based on the customer needs but strictly within the limits set by your strategy
Support the external collector process, legal workflow, legal execution of collaterals and any other collection related business activities
Create clerk’s and/or clerk group’s task lists on daily basis
Calculate collection costs
Calculate collection score reflecting the customer’s risks and expected behavior
Provide reports from our reporting module
Provide Champion/challenger strategies

You Can

Create segmented collection strategies and build your own custom tailored collection workflow
Reduce average days past due in your portfolio
Increase the level of customer contacts and customer satisfaction by targeting the right resource to the right customer
Reduce your collection costs - increase your total recovery with less effort
Make your strategies and processes more efficient using best practices of the collection industry
Optimize the use of available collection resources
Have a precise overview – ability to monitoring the structure and the changes of your delinquent portfolio
Measure the efficiency of your different strategies, processes and clerks and continuously improve your collection strategy
See and handle all of your collection-related data (past dues, delayed accounts, history, customer past behavior) in one system together
Be Basel II compliant