at HSBC with Vizolution
Today, collections journeys are often distressing for customers and inefficient for banks
Partnering with Vizolution, HSBC can reduce collections journey times to just 20 minutes while increasing customer NPS to 90+
Santander Transforms Collections with Vizolution
Vizolution helped digitise Santander Brazil’s Automotive Finance Collections journey increasing NPS, reducing costs and remaining compliant.
You too can realise significant KPI improvements. These will include reduced levels of debt write off, increased customer satisfaction at the same time as increased productivity and a reduction in the need for extra FTEs when volume of cases rises.
Key KPI improvements included:
- Increase of NPS to 97
- 100% paperless journey
- 20% increase in conversion rates
- 500% increase in first call resolution
- 14 minutes average journey length
(previously 6 days)
Download the case study and discover how Vizolution helped digitise
Santander Brazil’s Automotive Finance Collections journey.
Why you need to act now?
As the lockdown measures that were put in place to stop the spread of COVID-19 recede, many of the government programmes put in place to support both individuals and businesses are also coming to an end.
The question for lenders is – how can they best prepare themselves for the coming debt tsunami and multitude of customers needing support?
Current debt statistics make for frightening reading and the potential pressure on collections teams is frightening too. Read ‘The debt tsunami is coming’ to find out why acting now is vital.
HSBC’s Digital Fraud Journey
HSBC and Vizolution collaborated to design a digitally enabled Fraud journey that’s quicker, less stressful and more convenient for customers, allowing them to submit their documents and supporting evidence digitally rather than having to go into branch.
Charlie Brett, Head of Infrastructure for WPB HSBC UK, and Craig Taylor, Deputy Head of Fraud Operations for HSBC UK, discuss why Vizolution’s technology “fits perfectly with the bank’s digital strategy” and how the platform is already making a very tangible difference to HSBC’s customers.
Transforming Receivables Finance
Download the case study to find out how Vizolution helped transform HSBC UK’s Receivables Finance journey, by:
- increasing conversion rates by 300%
- saving 80 days on average in the customer journey