Debt Collection Software
Best Debt Collection Software include:
Anytime Collect, DebtPayPro, CreditForce, Collect!, Debtor Daddy, Lexop, Katabat, Simplicity Collect, CollectMax and CSS Impact HD 2.0 RMS.
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HiEnd Systems (now presented as HES) headquartered in Toronto with offices in the UK and Balrus, offers loan lifecycle management and servicing software for a range of needs like commercial lending, alternative or microfinance lending, or peer-to-peer lending.
Katabat in Delaware offers their cloud-based debt collection software that emphasizes customer relationship and journey, as well as improved response rate.
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Lexop is a debt collection application from the company of the same name in Montreal, which allows the user to send thousands of payment notices in mere seconds and in a personalized way via digital channels such as email and SMS. Moreover, Lexop monitors, tracks and analyzes all…
JST in Richmond, Virginia offers CollectMax, a debt collection management software system, which is offered by the vendor as an advanced system for collections firms with document generation, reporting, and litigation support, as well as general process automation features.
M2P's Full Suite Collections Management Platform is a debt collection SaaS platform.
CSS Impact in Woodland Hills, California offers HD 2.0 RMS, or receivables management system, among their other financial technology applications, which is designed as a potential end-to-end system for managing collections operations.
A debt management system, from Spyrosoft, presented as a fully customisable customer self-service extension to a ny urrent system or bespoke debt management software. With DebtPro, customers can contact the user 24/7, access and manage all their debts, make payments, and sign agreements…
Lenvi PF1 is a lending solution that supports the entire loan lifecycle from origination to management to collections. Built by industry experts, Lenvi PF1 features are broad and help to mature lending functionality. A cloud-native platform, Lenvi PF1 has customisable user interfaces,…
BEAM, from Beam Software in Sarasota, is presented as a secure, hosted application for collections, recovery, and purchased receivables management that is used by debt buyers, debt servicers, and collection agencies nationwide.
MeridianLink Collect, formerly known as XpressCollect, helps to manage delinquencies. The cloud-based debt collection software is designed to be simple so everyone on a team can be trained to set it up and manage it. MeridianLink Collect collection software aims to replace tedious…
An Order-to-Cash Platform for the AI Era collect.AI is a next generation order-to-cash platform for the AI era. It aims to help European enterprises realize receivables faster, smarter and more sustainably, driving optimized cash flow and better customer relationships. +50 European…
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:
Customer accounts: Debt collection software pricing and features are determined by the number of customer accounts.
Invoicing: Collection agencies and lenders use these products to customize and generate large quantities of invoices.
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.