Best Debt Collection Software for Authorize.Net

Debt collection is the act of vendor businesses contacting their client businesses or consumers to pay off the debt they incurred when they accepted goods or services from the vendor business on credit. When the party that owed the debt does not meet the original repayment terms, the debt is usually sent to another entity for debt collection. There are three main categories of debt collection: 1. Larger companies can create pre-collection departments to collect their own debts, either to resolution or until the debt is forwarded to a third-party collection agency. 2. Third-party collection agencies that collect on behalf of the first-party credit grantor. 3. Debt buyers that purchase portfolios of debt from first-party credit grantors. Debt collection closes the credit cycle and are an essential part of the credit economy enjoyed by developed Western nations.

InterProse ACE is a modern, cloud-based debt collection software platform built for collection agencies who specialize in consumer or commercial debt, including healthcare, property management, education, and government accounts. ACE also serves collection attorneys, property managers, original creditors, financial institutions and government entities. Heavily configurable and flexible with no one business use case in mind, our debt collection application facilitates account management, secured/unsecured payment plans, client invoicing and reports, legal judgment tracking, data reporting/analytics, and process automation while doing it all in a highly efficient and cost-effective way. Key features include account bundling, account-level documents attachments, heavy process automation, client access, trust accounting, credit reporting, consumer self-service tools, and numerous tech integrations. ACE customers enjoy monthly updates/upgrades to the platform, real-time data & document backups, inherited third-party security audit attestations (SOC2Type2, PCI, PENTEST, HIPAA, StarAlliance, etc.), real-time consumer and client portals, open-API connections, among other modern conveniences that let them focus on business.

TurnKey Lender, a one-stop lending platform, is used by creditors from 50+ countries to automate their entire operation. The platform allows lenders to grow their business profitably while reducing operational costs and risk. It's an AI-driven SaaS which automates 90% of all lending process and gives B2C andB2B lenders a competitive advantage. TurnKey Lender Platform offers several pre-configured solution packages, including Commercial, Consumer Pay Later, Auto Leasing, Mortgage, Factoring, Leasing and Mortgage. TurnKey Lender was developed in constant collaboration with lenders around the world. It is a sophisticated solution that addresses real-world digital lending challenges.

Simplicity is the best cloud-based debt collection software on the market. Simplicity Collection Software is ideal for small and large collection agencies, medical collections, judgment recovery professionals, and legal collections. It allows users to import, export and actively manage unlimited cases and clients from any internet browser. Simplicity Collection Software is intelligent and secure. It offers a variety features including loan management, business-debt, credit card integration, consumer-debt and reporting within a suite.

With global customers serving multiple industries, including software, finance, media, transportation, and communications, BillingPlatform is the only revenue lifecycle management platform on the market that enables enterprises to effectively monetize any type of product offering, from simple subscriptions to sophisticated usage-based pricing models and everything in between. BillingPlatform provides full process support of the revenue lifecycle – from product setup, quoting, billing and invoicing, revenue recognition, through payment and collections – all on a secure, next-generation cloud platform. The unparalleled flexibility of the platform puts enterprises in control of how they differentiate in the market, maximize profitability, reduce operational costs and improve the customer experience.

Lariat is a 21st century collections platform - it's web based, secure and scalable. With intuitive and modern interfaces that increase productivity and reduce Lariat connects all parties in the collections process on a single platform where all users can interact in a single unified collections process: Client Portal Debtor Portal Sales CRM Collections Client Services