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Recover Debt 30% Faster with AI-Powered Debt Collection Software

check 2X Collection calls

check3X Personalized emails

check10X Automated emails

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Debt Collection Software Modules

Here’s how you can reduce bad-debts by 20%, resolve disputes 20% quicker and recover debt 30% faster

AI-based E-Mail Remittance Capture

AI Prioritized Worklist

Stay ahead of late payments by letting AI algorithms identify which customer needs attention first, saving time and effort. More

AI-based E-Mail Remittance Capture

In-App Dialer

Make 2X collection calls effortlessly with just a click, while the software takes care of notes and follow-up emails for smoother interactions. More

AI-based E-Mail Remittance Capture

Intelligent Email Inbox

Gain 3X email productivity. Centralize all collections emails, track open rates, and reply instantly without switching to Outlook/Gmail. More

AI-based E-Mail Remittance Capture

Advanced Dunning

Send 10X automated payment reminders, saving you time and ensuring no customer slips through the cracks. More

AI-based E-Mail Remittance Capture

Generative AI via FreedaGPT

Get a helping hand with emails and calls, letting GenAI summarize conversations and draft responses for you. More

AI-based E-Mail Remittance Capture

Dispute Management

Resolve issues faster by logging, assigning, and tracking disputes at invoice or SKU level with debt collectors software. More

Improve Collection Performance With Automated Debt Collection

PRODUCT

Key Modules

  • AI Prioritized Worklists
  • In-App Dialer
  • Intelligent Email Inbox
  • Advanced Dunning

VALUE

Improve Operational KPIs

  • 2X Collection Calls
  • 3x Collection Emails
  • 10X Automated Emails
  • 4X Weekly Past Due Coverage

Deliver Business Outcomes

  • 30% Productivity improvement
  • 20% Past due reduction

Key Modules

  • AI Prioritized Worklists
  • In-App Dialer
  • Intelligent Email Inbox
  • Advanced Dunning

Improve Operational KPIs

  • 2X Collection Calls
  • 3x Collection Emails
  • 10X Automated Emails
  • 4X Weekly Past Due Coverage

Deliver Business Outcomes

  • 30% Productivity improvement
  • 20% Past due reduction

The Debt Collection Software Trusted by 1000+ Global Businesses

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Recommended Resources

Transform Your Approach to Debt Collection

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HighRadius Collections Management Software Datasheet

This datasheet uncovers the challenges faced by collection teams and how HighRadius helps improve customer relationships and reduce DSO.

Download Datasheet
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Collections Maturity Model
Template

Check out this Free B2B Collections Maturity Model to help analyze, align, and improve the debt collection process.

Download Template
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Checklist for Choosing the Right Debt Collection Software

Choose the right debt collection software for your business by following our vendor checklist. Get features, use cases, reviews, and more.

Download Checklist

FAQs: AI-Powered Debt Collectors Software

What is automated debt collection software?

An automated debt collection software optimizes working capital & reduces DSO while integrating with your existing collection system software. It extracts data from ERP, prioritizes customers, automates email correspondence, and simplifies collections calling for enhanced efficiency and effectiveness.

What are the benefits of a debt collector's software?

A debt collector’s software reduces past due by 20%, increases collections productivity by 30%, and enables 2X collection calls, 10X automated emails, and 4X past-due customer coverage weekly, enhancing overall debt recovery performance.

How does automated debt collection software improve DSO?

Automated debt collection software reduces DSO by prioritizing accounts, automating email correspondences with smart payment links, and one-click calling with auto-transcription & follow-up emails. It streamlines operations & accelerates receivables recovery, leading to faster payments and ultimately, reduced DSO.

What are the must-have features of collections agency software?

The best collections agency software seamlessly integrates with multiple third-party agencies, empowering collectors to transfer all relevant customer data with a single click when escalating a delinquent account. This streamlined process ensures efficient collaboration and data accuracy between collectors and agencies.

How does your automated debt collector software handle data security and privacy?

We prioritize data security & privacy, adhering to stringent industry standards such as GDPR, ISO, PCI DSS, HIPAA, & SOC. Robust encryption protocols & role-based access controls safeguard sensitive financial data, ensuring utmost confidentiality & compliance.

How is your debt collection software different from others?

Our debt collection software stands out with the AI Prioritized Worklist, trained on $10.3 trillion of financial data. It accurately predicts customer payment delays 30 days in advance. The In-App Dialer helps make more collection calls. Our proprietary FreedaGPT automates note-taking & task logging.

Does the debt collection software integrate with my ERP?

Yes, our cloud-based debt collection software seamlessly integrates with major ERPs like SAP, Oracle NetSuite, Microsoft Dynamics, and Sage Intacct. It supports API integration for QuickBooks, Sage Intacct, and Microsoft Business Central.

Does your debt collector software integrate with my bank?

Yes, our debt collector software integrates with major banks like BofA, Citi, PNC, Chase, Wells Fargo, HSBC, ING, and others. It supports standard banking formats such as BAI, MT940, and MT942, providing real-time insights into processed statements.

How much IT involvement is needed to maintain the cloud-based debt collector software?

Minimal IT involvement is required. With seamless plug-and-play integration into ERPs using real-time APIs and Hex (SFTP) connectors, along with pre-built modules and industry-specific best practices, customers can deploy remotely with ease, reducing IT dependencies.