Litigation and Legal Management Systems are designed to assist banks and economic establishments with the aid of using automating their healing approaches and seamlessly having access to felony statistics approximately borrowers, NPA accounts, financial institution’s healing etc. LMS is used to control and automate all of the felony complaints in banks. It is accountable for issuing notices to defaulters, reminding courtroom docket listening to, coping with attorney charge and different prices, preserving database of instances, producing reviews and more.
Unlike few years in the past whilst banks have been reluctant in adopting LMS and its capabilities, call for for such software program has accelerated significantly. Here are the pinnacle five methods how a perfect Litigation Management Software can assist banks in NPA healing.
five Ways Litigation Management System (LMS) assist Banks in coping with NPA
- Case listening to date management
Attending to the time limits is the important thing in