Best Debt Collection Software

Debt Collection Software, also called Accounts Receivable Management (ARM) software, supports the needs of agencies and lenders by providing business process automation, compliance assurance, and other features essential to orderly and effective collections efforts. Debt collection software includes the following identifiable features: Call logs and notes Collection scoring and Key Performance Indicators (KPI) Access to credit reports Debt dispute tracking Payment processing Integrations: deduction management, accounting , and CRM software When comparing debt collection software...

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(1-25 of 148)

1
ezyCollect
0 reviews

ezyCollect from the Australian company of the same name is a receivables automation and debtor management platform, primarily emphasizing automated messaging and automated workflow, the platform integrates with XERO and MYOB.

2
Collect!
0 reviews

Collect! is a cloud-based or installed debt collection management platform from Comtech Systems in British Columbia, featuring HIPAA compliant data access and adequate scale and process automation for smaller to midsize entities.

3
Kredit
0 reviews

Kredit® solutions streamline every resolution channel between consumers or their financial advisors and recovery organizations.

4
NOLA AUTOMATION

A debt collection software platform built for businesses and contact centers.

Learn More About Debt Collection Software

What Is Debt Collection Software?

Debt Collection Software, also called Accounts Receivable Management (ARM) software, supports the needs of agencies and lenders by providing business process automation, compliance assurance, and other features essential to orderly and effective collections efforts.

Debt Collection Software Features

Debt collection software includes the following identifiable features:

  • Call logs and notes

  • Collection scoring and Key Performance Indicators (KPI)

  • Access to credit reports

  • Debt dispute tracking

  • Payment processing

  • Integrations: deduction management, accounting, and CRM software

Debt Collection Software Comparison

When comparing debt collection software, consider the following factors:

  1. Customer accounts: Debt collection software pricing and features are determined by the number of customer accounts.

  2. Invoicing: Collection agencies and lenders use these products to customize and generate large quantities of invoices.

  3. Performance indicators: Choose a debt collection that uses performance indicators to track credit control.

Debt Collection Software Price

Debt collection software vendors typically charge on a monthly or annual basis with limits on the number of accounts and users. The price can range from $40/month/user to over $100/month/user. You should contact specific vendors to request a demo and get a quote to determine the cost of your debt collection software.


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Frequently Asked Questions

What is debt collection software?

Debt collection software allows agencies and lenders to automate debt recovery tasks. Collection agencies use this software to track debt disputes, calls, and payments.

What are the benefits of debt collection software?

Debt collection software automates communication, such as outgoing calls or emails, and invoicing. It also streamlines the collection process by integrating with deduction management, accounting, and CRM software.

How much does debt collection software cost?

Debt collection software vendors charge on a monthly or annual basis with limits on the number of accounts and users. The price can range from $40/month/user to over $100/month/user.

What are the best debt collection software products?

The highest rated debt collection software products on TrustRadius are Latitude by Genesys and Zuora. These products are favored by mid-size and enterprise businesses.