TurnKey Lender Debt Collection System is an intuitive, end-to-end software solution designed to put debt management and collection on autopilot for various types of lenders. This intelligent automation platform helps organizations save thousands on operational costs and significantly reduce human error by streamlining complex processes. It offers comprehensive control over every detail of repayment schedules and payment structures, ensuring efficient management of both standard and fully custom debt collection workflows. The system integrates seamlessly with messaging applications to track borrowers' promises to pay and automate follow-ups. By providing instant access to complete client histories, it prevents the increase of accounts payable through automated recovery of arrears on business and personal loans. The platform enables users to quickly pinpoint and take action on delinquent accounts, efficiently identifying debtors, creating delinquency tickets, and managing accounts through to the completion of the collection process. It supports precise and varied classifications of debt—by amount, duration, and other characteristics—to facilitate strategic planning and targeted actions. TurnKey Lender delivers fully digital, paperless processes and efficient workflows, supported by robust and flexible technology. Its built-in specialized reporting tools offer over 30 types of predefined reports, providing deeper insights into loan portfolio performance for different departments. Specifically tailored for traditional, alternative, and embedded lenders, the system can automate over 90% of loan collection work for large-scale institutions. It integrates with more than 20 popular core banking systems, ensuring automated collectability scoring, communications, and payments. The robust delinquency management tools effectively handle late payments and streamline the collections process, optimizing efficiency and minimizing financial risks. Businesses leveraging this software can create secure workplaces for agents, obtain exact evaluations and ratings of problem loan portfolios for reselling, and flexibly modify business processes controlling past-due payments. It also provides a wide range of tools for evaluating, rating, and segmenting credit portfolios, developing scoring models, and utilizing phone scripts for all phases of collections and communications. This leads to a 25-50% increase in repaid loans, 30-50% less time spent on managing problematic borrowers, and a significant decrease in system maintenance expenses, with rapid setup and staff training.

Features & Benefits

• Intelligent Automation for Debt Collection
  • Automates core debt collection processes, significantly reducing operational costs and eliminating human error.
• End-to-End Debt Management
  • Provides comprehensive tools to manage the entire debt collection lifecycle, from restructuring repayment schedules to tracking promises to pay and automating follow-ups.
• Delinquent Account Identification & Action
  • Enables quick identification of debtors, creation of delinquency tickets, and efficient management of accounts through the collection process.
• Flexible Debt Classification
  • Offers precise and varied classifications of debt by amount, duration, and other characteristics to support strategic planning.
• Advanced Reporting & Analytics
  • Features over 30 types of predefined reports, delivering deep insights into loan portfolio performance and collectability scoring.
• Scalable & Integrated Solution
  • Designed for large-scale institutions, automating over 90% of loan collection work and integrating with 20+ popular core banking systems.
• Operational Efficiency & Cost Reduction
  • Leads to a 25-50% increase in repaid loans, 30-50% less time managing problematic borrowers, and a significant decrease in system maintenance expenses.
• Customizable Workflows & Agent Support
  • Allows flexible modification of business processes, provides secure workplaces for collection agents, and includes tools for credit portfolio evaluation and communication scripts.