TransUnion Collections Management Description
The presence of bad debt can adversely affect your business and hinder your competitive edge. Our innovative solutions integrate cutting-edge credit data and collection insights with advanced analytics, efficient decision-making processes, and sophisticated workflow tools, allowing you to effectively manage costs, enhance recovery rates, and minimize write-offs. Additionally, our Collections Management tools facilitate quicker debtor identification - access to telephone and mobile account details allows you to reach out to debtors earlier in the collections process, potentially boosting revenue while lowering data and labor expenditures. By improving your financial outcomes, our powerful analytics enable you to identify which debtors are most likely to pay, allowing you to concentrate your recovery efforts efficiently and cost-effectively. Furthermore, our high-quality data and decision-making tools provide the necessary insights to optimize your collections strategy and operate more efficiently, ensuring a more streamlined approach to debt recovery. Ultimately, leveraging these resources will empower your business to thrive in an increasingly competitive landscape.
TransUnion Collections Management Alternatives
InterProse ACE
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.
Learn more
D&B Finance Analytics
AI-driven solutions for credit-to-cash powered by Dun & Bradstreet’s global data and analytics. D&B Finance Analytics offers AI-driven solutions backed by the Dun & Bradstreet Data Cloud. D&B Finance Analytics is a flexible, easy-to-use tool that helps finance teams reduce costs, improve customer service, and manage risk. Manage credit and receivables risks to minimize bad debts, reduce DSO and improve cash flow. Automate manual decisioning and monitoring, customer communication, and matching. Offer your customers an online credit application as well as a payment portal. D&B Finance Analytics consists of two platforms: D&B Credit Intelligence and D&B®, Receivables Intelligence. Together, they provide powerful insights and technologies to help you accelerate your success throughout all your credit-to cash processes. You can quickly gain visibility into credit risks, onboard customers, and set the right terms.
Learn more
MeridianLink Collect
MeridianLink Collect is an innovative cloud-based platform designed specifically for financial institutions to streamline and expedite the management of delinquent accounts. Featuring a contemporary and intuitive interface, it replaces traditional manual processes and spreadsheets with flexible queues, automated task management, and multi-channel communication options, including email, SMS, and phone calls, all while providing real-time tracking of payments. The system includes dynamic dashboards and both prebuilt and customizable reporting tools, allowing organizations to effectively assess portfolio performance, monitor collector efficiency, and analyze case-specific information through integrations with core systems and external data sources. Additionally, it comes equipped with compliance-ready checklists and integrated controls that help maintain regulatory standards. Seamless connections with other MeridianLink products, as well as payment processors, skip tracing, e-signature, repossession, and insurance systems, enhance its functionality. As a fully hosted Software as a Service (SaaS) solution, Collect eliminates the need for any installation or system upgrades, ensuring that users benefit from the latest features without the hassle of maintenance. This comprehensive approach not only simplifies debt collection but also empowers financial institutions to operate more efficiently in managing their delinquency processes.
Learn more
Gaviti
Gaviti automates the invoice to cash flow process, allowing accounts receivable departments to make better credit decisions and reduce DSO. It also helps them reconcile payments more quickly. Our advanced automation tools will help you eliminate manual, time-consuming tasks in A/R.
Gaviti has earned trust from industry leaders such as EY, cPrime and PWC. Our track record speaks volumes. Our clients have achieved amazing results, reducing their Days Sales Outstanding by 30%-50% in just six months after adopting Gaviti.
Collections Analytics: Useful data to optimize your strategy. Make data-driven decisions based on trends to increase your collection efficiency.
Cash Application Made Easy: Forget the headaches of reconciling payments. Automate your cash application and achieve 100% accuracy. Improved cash flow, and happier customers.
Strategic Credit Management: Make informed decisions about credit with confidence. Powerful
Learn more
Integrations
Company Details
Company:
TransUnion
Year Founded:
1968
Headquarters:
United States
Website:
www.transunion.com/industry/collections
Media
Recommended Products
Auth for GenAI | Auth0
Easily implement secure login experiences for AI Agents - from interactive chatbots to background workers with Auth0. Auth for GenAI is now available in Developer Preview
Product Details
Platforms
Web-Based
TransUnion Collections Management Features and Options
TransUnion Collections Management User Reviews
Write a Review- Previous
- Next