Leverage real-time GPS data to provide the potential residential location of delinquent customers.
Leverage real-time GPS data to provide the potential residential location of delinquent customers.
Following the little red pin on a map to reach the right location is not rocket science, however, finding the right address to input, surely is! Especially if that happens to be a delinquent client. Industry studies show that up to 34% of addresses provided at the point of sale contain errors or become outdated within a year. The challenges include inadequate control mechanisms based on input data provided by the customer at the time of financing. This often leads to a dead-end.
Location On Demand by Datacultr is great news for financiers who depend on Skip tracing to deploy their Feet on Street agents for collections in case of default. There is always wastage and inefficiencies in the above due to incorrect and outdated data. But not anymore, introducing Odyssey Location On Demand. A service that leverages real-time GPS data to provide the precise current or last known location directly to your collection teams.
Location On Demand Key Benefits
Accurate
Go from a neighborhood search to a specific location reducing FOS efforts and minimizing FOS efforts and minimizing use of resources.
Efficient
Offer a direct route to reach the customer with location on demand. Enabling enhanced success rate and improved collection efficiencies.
Cost Effective
Streamline skip tracing! Eliminated the guessing game with location on demand to provide on target visits each time!
“Datacultr’s Location On Demand is a great addition to our late collections strategy, we have seen our agent productivity going up in the smartphone financing portfolio, and ever since we integrated the Location On Demand APIs with our CRM, the beat plans are now delivering better results”
Collections Lead, Greater Lagos Area
Top Multi-Finance Company, Nigeria