Executive Summary:
Unite your collection processes in a logical flow
Track and manage your delinquent accounts
Maximize your collectors’ effectiveness
Loss Mitigation Collection Management System
Allows you to track and manage your delinquent accounts and maximize your
collectors’ effectiveness; also manages bankruptcy, litigation and repossession
processing.
Loss Mitigation Collection Management System In-depth
The system prioritizes collection activity according to your criteria, allowing
you to track and manage your delinquent accounts and maximize your collectors’
effectiveness.
Collections, performed proficiently, depend on more than just balance and
payment information: with the Collection Management System, your guidelines are
followed and regulatory demands are met.
The system performs the routine steps and your collectors can concentrate on the
accounts that need their expert intervention, giving you an important advantage.
The integrated system provides your collectors with current real-time data
whenever they speak to the customer, and the comprehensive Action/Result codes
make it easy to record the outcome of every contact or attempted contact.
Easy to view work lists and on–demand reporting allow management to stay on
top of their teams’ efforts.
You can track and process accounts with a status that requires unique
handling, including Right–to–Cure, Skip Tracing, Bankruptcy, and Insurance.
Repossession assignment and tracking is fully automated.
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