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Convoke provides a simple to use series of web applications that allows appropriate parties to access a centralized data, document, and chain of title information repository between original creditors and the ARM industry. The centralized repository provides debt buyers, third party agencies, and law firms with access to information that enables them to validate, service and recover debt.
Our secure data repository and automated processes streamlines the industry’s current manual processes and speeds up the account recovery process while protecting consumer information. Besides saving time and cost in the recovery process, the ARM industry benefits from built-in compliance and better information management and control, whether placing accounts for collection or selling them to a third party.
Additional Benefits:
- Fast access to all debt information
- Real-time access to documents (media), no more request-response
- Visibility into the quality of information in debt portfolios ahead of their procurement
- Consistent deterministic cost controls over media procurement
- Full affidavit information support
- Ability to work account faster
- Increase level of service
- Better protection of consumer information
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