RecSuit - Litigation and Recovery Management Software
Streamline Your Legal Operations and Maximize Recovery Potential
Introducing RecSuit, a cutting-edge solution designed to revolutionize the way you handle legal cases in the finance and loan industry. With our state-of-the-art software, that too first in that kind, you can streamline your legal operations, enhance operational efficiency, and expedite recovery from Non-Performing Assets (NPA).
Product Features
I. Early Defaulted Account Identification:
Identify defaulted accounts in the early stages and take proactive measures to avoid litigation. Our software suggests and records follow-up actions such as Adalat, phone calls, direct visits, and more. Stay on top of each account with timely prompts, reducing the number of Non-Performing Assets (NPA).
II. Efficient Account Categorization for Litigation:
Integrate our Litigation Management Software with your existing loan modules, allowing it to identify accounts requiring specific types of litigation. Whether it's for Adalath, arbitration, cheque cases, or execution petitions, our system ensures accurate categorization for streamlined legal actions.
III. Timely Notice Management:
Initiate the litigation process by sending notices to defaulted customers. Our software automatically generates a list of accounts requiring notices and provides timelines for action. Stay informed about any delays and ensure tasks are completed promptly, maximizing the chances of recovery.
IV. Streamlined Case Management:
When accounts remain unresolved even after notice, it's time to initiate litigations like arbitration or cheque cases. Our Litigation Management Software prompts the accounts due for action and records all steps taken. Gain insights through analytical reports to identify any abnormal delays and optimize litigation strategies accordingly.
V. Performance Analysis and Decision-making:
Evaluate the performance of courts, arbitrators, and lawyers involved in your litigations. Our software provides analytical reports, enabling you to make informed decisions about the most effective venues and professionals for expediting litigation. Choose the right place and the right people to drive speedy resolution.
VI. Comprehensive Reports and MIS:
Access detailed and accurate management information system (MIS) reports. Our software generates analytical reports that give the management and internal legal department an exact view of litigation management. This ensures actions align with your litigation policy, expediting recovery from defaulted accounts.