Debt Collection Management

Debt Collection Management

In any business today, having customers as your debtors is an unavoidable fact. To be able to stay in business and remain competitive, you must be willing to provide good service, good pricing and most of all, provide credit terms to customers. Most often than not, problem starts when you have credit debtors. For smaller number of such credit debtors, the task of maintaining their records of debts due will be relatively simple.

However, as your business grows and the number of customers grows at the same time, the task of keeping track of the debts due from customers will be a daunting task. Debt Collection Management is a COMPLETE BILLING SYSTEM with the features of auto-reminder of debts due and up-to-date of customers’ balance without the complications and restrictions of an accounting system.Collections MAX Administrator, Collector, and Scheduler are Freeware. They can be installed on as many computers as needed free download  The FREE version of Collections MAX has a system limitation of 1,000 accounts or five collectors. If you want to remove these limitations you can easily upgrade your collector modules to Collections MAX Professional. Features Status based Automation system Client Trust Accounting. Integrated payment system –

Take credit cards and checks over the phone. ACH and real time credit card processing capable. National Change of Address service capable. Generate your own dunning letters using Microsoft Office or export them to a third party letter service. Promises system tracks promises made and alerts collectors when broken. Document imaging system lets you attach files to any account. Unlimited notes per account. 60 custom fields lets you expand the system to fit any situation. Duplicate account system. Unlimited status codes. Both manual input and batch importing screens. Mapping tool allows batch importing of accounts from a Microsoft Excel file. NSF alert system instantly alerts your collectors to debtors that have bounced payments for fast recovery of funds.