Online Daily Collection Software and Mobile App

Daily collection loans can help small vendors, daily wage workers, and small business owners manage their cash flow, purchase goods, maintain their businesses, and meet urgent financial needs.

Finance companies provide short-term loans to customers that are repaid through daily instalments. This type of lending is commonly known as Daily Collection, Thandal Collection, Pigmy Collection, or Cash Collection, depending on the region.

Under this system, finance companies provide loans to customers and collect repayments, including interest, on a daily basis over a specified period, such as 20, 50, or 100 days.

Finance companies appoint collection executives to visit customers at their homes, shops, or workplaces to collect daily instalments. After receiving the payment, the executives record the collection, update the customer's outstanding balance, and issue a receipt.

Online Daily Collection Software and Mobile App
With online finance software and a dedicated daily collection mobile application, collection executives can manage their daily collections quickly and efficiently while visiting customers.

Key Features:

- Daily Loan Collection:
Collect loan instalments and interest from customers on a daily basis.

- Field Collection Management:
View customer details, daily dues, pending instalments, and outstanding balances

- Instant Receipt Generation:
Generate and issue payment receipts immediately after collecting money.

- Automatic Due Updates:
Update customer payment records and outstanding dues on the server.

- WhatsApp Receipt Sharing:
Share payment receipts with customers through WhatsApp or in PDF format.

- Digital Record-Keeping:
Maintain customer payment histories and collection records without relying entirely on manual registers or paper receipts.

- Real-Time Monitoring:
Allow finance company administrators to monitor collection activities and payment updates online.

Our daily collection software and mobile app help finance companies simplify field collections, improve payment tracking, reduce manual paperwork, and provide customers with timely payment receipts.