TrueAccord Delivers Industry-Leading Engagement, Repayment for Scale-Up BNPL
BNPL overcomes the challenges of late-stage debt collection with a cost-effective, scalable, and consumer-friendly approach by TrueAccord.
Thank you! Your form has been successfully submitted.
Your resource is ready. Click the button below to download your copy.
With its growing popularity, one Buy Now, Pay Later (BNPL) company was soon confronted with the complexity of managing late-stage collection—a challenge many startups face without a defined debt recovery strategy. But partnering with the experts at TrueAccord would set a plan in place with impressive liquidation and engagement results.
In this case study, we’ll look at how TrueAccord’s digital-first approach delivered superior outcomes in several key areas:
- Cost Savings: avoided investment and operating costs associated with building and maintaining in-house collection programs
- Automation and Scalability: machine learning-driven automation efficiently handles any volume of accounts
- Compliance and Expertise: code-based compliance and TrueAccord’s dedicated teams ensure compliance for the latest regulations and policies for debt collection
- And big number results: the BNPL achieved 2.45% liquidation at 90 days, 3.4% at 180 days, and more
