A Debt Management And Collections System is workflow based, which systematizes the steps. A debt attorney has to follow the steps put forth by this system, as it eliminates the clerical bit of work from their schedule. It automates the management, tracking, reporting, and also tracking an employee’s performance. This smart workflow leaves nothing to the collector’s share, apart from the real, meaty task of calling and convincing the debtor to pay back.
Used to automate and check the invoice-to-cash process, this Accounts Receivable Collections Software helps in sending invoices, collect payments, check expenses and many more. Made specifically for businesses selling on credit terms, this software automates invoice dispute management, monetary forecasting, client communications, invoice presentment, online bill pay as well as credit management.