Software as a Service

Data Security

Professional Services 

Streamline the consumer debt validation process while maintaining compliance with government regulations and judicial rulings

CMS for Accounts Receivable Management provides debt owners and their servicers with convenient, on demand access to information needed to effectively collect on charged-off debt. Critical original documentation such as monthly statements, applications, letters, and affidavits are stored in a secure, centralized repository and can be accessed and delivered in real-time to authorized users. As a result, companies improve their collection curves, accelerate dispute processes, and are able to work accounts faster while meeting regulatory and judicial requirements.

Features

• Electronic chain of title tracking and reporting
• Real-time access to documents using a secure, Web-based interface
• Secure transfer of documents to debt purchasers
• Assign access rights to authorized third parties
• View available account documents prior to purchase
• Integration with existing debt collection management systems

Benefits

• Significantly improve litigation and collection rates
• Operational expense reduction
• Retrieve documents (media) on-line in seconds
• Limit legal exposure
• Comply with judicial and governmental regulations
• Sell debt for the maximum price
• Approach debtor earlier
• Streamline debt validation process
• Prove account ownership
• Better manage third party account placements (collection agencies, law firms)
• Improve decision making for debt recovery strategy