Credit Kollect Value Proposition

Credit Kollect functions as a high-control platform for registered members, designed to streamline payment disputes and enforce accountability without interfering in your core business negotiations.

• Member Control: Registered members utilize the platform to list verified defaulters and manage payment tracking.
• Resolution Focus: The primary objective is business payment settlement, placing the control over settlement terms directly with the member.
• MissionOur core goal is to help businesses, particularly MSMEs, unlock stuck working capital and re-focus resources on operational growth.

Automated Settlement Workflow

The process for achieving payment settlement through the platform is transparent and efficient:

• Defaulter Listing: The registered member identifies a non-paying client or buyer and formally lists them on the Credit Kollect Defaulters List.
• Negotiation & Agreement: The registered member and the defaulting counterparty negotiate the terms of resolution (e.g., full payment, installment plan). Credit Kollect strictly serves as the management framework, not the intermediary.
• Settlement Confirmation: Once funds are successfully transferred, the member logs the settlement on the portal. The entity's history remains visible for market intelligence, while its credit rating impact ceases upon confirmed resolution, pending no further default.

Strategic Features for Accelerated Recovery: Credit Kollect integrates advanced tools to accelerate the resolution timeline:

Automated Nudge Tools: Premium features include automated payment reminders and multi-channel follow-ups (SMS, WhatsApp, Email) to maintain consistent, professional pressure on defaulters.

Risk Mitigation: The public nature of the Defaulters List motivates counterparties to prioritize resolution to safeguard their future business viability.

Credit Profile Protection: Successful settlement enables the defaulter to stabilize their credit profile, promoting timely payment without incurring permanent punitive measures, unless subsequent defaults occur.

Business Impact & Transparency

The platform ensures that settling with a debtor immediately converts outstanding liabilities into tangible cash flow, acting as a financial lifeline for MSMEs. By leveraging Credit Kollect's system, businesses achieve reliable, structured business payment settlement and reinforce market trust by maintaining clean internal credit records.