TruLocate: Find the Current or Last-Known Location of the Device
TruLocate helps financiers access the current or last-known location of a financed device using real-time GPS data. It enables collection teams to move beyond incorrect or outdated customer-provided addresses, reduce guesswork, and identify the right location faster when a borrower becomes difficult to reach.
Turn Device Location Data into Smarter Collection Action with TruLocate
Following the little red pin on a map to reach the right location is not rocket science. Finding the right address to input, however, surely is, especially when it belongs to 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Industry studies show that up to 34% of addresses provided at the point of sale contain errors or become outdated within a year. For financiers, this creates a major gap when collection teams depend only on customer-provided address data.
TruLocate by Datacultr helps bridge this gap by giving financiers access to the precise current or last-known location of the financed device using real-time GPS data. This helps skip tracing teams deploy Feet on Street agents more accurately, reduce wasted visits, and support collections in case of default.
TruLocate's 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 TruLocate. Enabling enhanced success rate and improved collection efficiencies.
Cost Effective
Streamline skip tracing! Eliminated the guessing game with TruLocate to provide on target visits each time!
Datacultr's TruLocate 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 TruLocate APIs with our CRM, the beat plans are now delivering better results
Collections Lead, Greater Lagos Area
Top Multi-Finance Company, Nigeria