Debt Management
We Assist clients in managing and optimizing their debt, including mortgages, loans, and credit card debt.
We are here to be the premier credit and debt management services provider in Tanzania, devoting our both human and capital resources into helping our clients maximize their cash flows, add value to their organizations and gain a competitive advantage.
Our Debt Collection Process
1. Need Analysis & Contractual Agreement
Once the initial agreements are in place, we would discuss with you on the best operational structure that will maximize collections.
2. Portfolio Management
Upon the receipt of the portfolio, we will analyze the accounts and apply our Portfolio Management principle to ensure that we have proper organization that will not only prompt but also maximize collections.
3. Accounts Distribution
The accounts are then distributed to our collection agents using the unique file numbers, to ensure accountability, quality assurance, traceability and rewards upon collections.
4. Performance Review & Monitering
We review our daily collections every morning, and strategize on the way forward
5. Internal Controls and PTPs
We have our internal mechanism of recording the payments promises and ensure that they materialize on the maturity date.
6. Monthly Reports
A monthly report is done at the end of the month, after having reconciled the collections basing on our client confirmation on the total recoveries made, and then a tax invoice is made.