The Data Analytics Blog

Our news and views relating to Data Analytics, Big Data, Machine Learning, and the world of Credit.

All Posts

Stay On Top Of Industry Trends With MFSA's Contact Sessions

April 16, 2018 at 8:40 AM

As a debt collection professional, there’s no doubt that you occasionally feel like you are out in the trenches. The nature of the industry is ever changing, as are the laws and regulations. And you need to stay on top of new technology and trends.

As an industry leader, we’re frequently asked to present at conferences, on a variety of topics. Here’s what’s next on our tour:

MicroFinance South Africa Contact Sessions

MFSA is a representative body of registered and legal entity MicroFinance Credit Providers in South Africa. MFSA keeps members informed with latest industry changes and news through various publications, contact sessions and an annual general meeting.

In 2018, Principa is attending the contact sessions hosted by MicroFinance South Africa. With six, all in different cities across the country, MFSA is ensuring access for all by creating local experiences.

The sessions are informative and update attendees on the latest trends, technology and best practices in the micro-finance industry. This year’s theme is “Service with Care”.

The first four sessions took place in March, in Pretoria and Polokwane, in Durban in April, and in Bloemfontein during the second week of May and were well-received within the industry with many attendees and great feedback.

If you'd like to attend the next session taking place in Cape Town on the 23rd of May, we invite you to join Principa as guests, free of charge. Email us at info@principa.co.za, with the subject line of "MFSA Guest Attendance" and we'll be in touch to arrange the details with you. We look forward to hosting you!

Increase your collection and recovery yields with data analytics

Perry de Jager
Perry de Jager
Perry has been involved in Collections and Recoveries for the past 12 years, spending time in different market segments ranging from law firms to investment companies. At Principa, Perry has worked on extended projects within both South Africa and the Middle East with some of the largest financial organisation, providing on-site consulting within the collections and recoveries space covering strategy, process, people and technology.

Latest Posts

A Peek Inside AppSmart V4

 

Supercharging Your Collections With DecisionSmart

Collection departments utilise diallers and collections management systems to improve their collections by segmenting the delinquent customers, prioritising them and applying a host of treatments.  Whilst segmentation takes you so far, there are a host of other mathematical models that can be explored to improve what we call the “Collections Cascade”.  Improvement in any step of the cascade can help improve the collections yield and there are a number of models that can be used.  A few of them are listed below:

Frequently Asked Questions On CollectSmart

What is CollectSmart? CollectSmart is a powerful, modular, enterprise-wide debt collection management system that combines business controlled segmentation with the allocation of appropriate and differentiated actions to individual customer profiles - all accessed via an easy-to-use web interface.