AKUVO Announces New Collections Package for Institutions with Lower Volume

MALVERN, Pa. – AKUVO, a leading technology organization specializing in collections and credit risk management, announces the launch of a new collection package powered by the AKUVO Platform, priced and scaled to meet the needs of financial institutions with lower volume delinquency. This offering provides a simplified, cost-effective, easy-to-implement solution tailored to meet the unique operational needs of these organizations.

“This package of essential and powerful features supports digital outreach, traditional account research, effective communications, payment collection, promise tracking, and progress monitoring, adding efficiency to key areas managed by these departments,” AKUVO Chief Technology & Product Officer Mark Price said. “It’s easy to use, simple to activate, and specifically designed to help small-scale collection departments achieve big results. This is made possible because of the cloud-native architecture and design of the AKUVO Platform.”

A major benefit of this package is that customers can now deploy a digital collection strategy to manage most of their collection efforts. By streamlining routine tasks, the AKUVO platform allows collectors to focus on more complex cases that require personalized attention.

For more information about the AKUVO essential package, as well as the Platform's overall capabilities, visit www.akuvo.com.

About AKUVO

AKUVO is a leading provider of cloud-native collections software solutions that elevate how banks, credit unions, and fintechs collect and manage their portfolios via its products. Whether it is through their stand-alone virtual collector, or its next-generation collections platform, AKUVO provides the technology and data necessary to increase collections efficiency, provide a digital consumer experience, reduce staff costs, anticipate delinquencies, and provide insight into future credit decisions. AKUVO delivers a digital future for collections and account performance management with a visionary, behavior-based approach while taking full advantage of emerging technologies such as artificial intelligence, natural language processing, and machine learning. To learn more, visit www.akuvo.com.