Domestic Collections Software

Issuing and tracking collection letters has become an integral part of banking operations.

Increasing process efficiencies will not only add to customer-centric efforts, it can add value by reducing research and management costs, improve fee tracking, and better manage float activity.

With Protege, your team can fully automate and revolutionize the way you process draft collections.

Protege handles the processing of multiple types of drafts, including automobile drafts, oil and gas leases, NSF checks and insurance drafts. With its full set of features and flexibility, users are able to accurately process, track, record and generate collection activity for these types of drafts in a fraction of the time it takes them to do it manually, or with outdated legacy applications.

With Protege, department personnel, bank management and auditors have the tools to research critical information. Each time a collection item is entered into Protege, it is added to the transactional database.

With just a few mouse clicks you can audit, print or view online, time-sensitive collection activity through the Daily Letters Input Report, Incoming Payments Report, Outgoing Payments Received Report, Aging for Incoming and Outgoing Report, and the Return Items Report. In addition, we have added a powerful ad-hoc Research Reporting feature so you can customize your research criteria.

Consider the following questions when analyzing your current workflow...

What process efficiencies can be gained by automating your current methods for tracking inbound and outbound collection items?
For those customers securing immediate credit, do you have the ability to accurately track available balances and your bank’s liability?
Does your current process require managing collection letter activity for multiple branches, states or regions?
In what ways could you better utilize existing resources if collection letter research was dramatically reduced?
If your collections team is centralized, do you have effective tools to support customer or branch inquires?

Issuing and tracking collection letters has become an integral part of banking operations. Increasing process efficiencies will not only add to customer-centric efforts, it can add value by reducing research and management costs, improve fee tracking, and better manage float activity. With 3Core Software's collection letter software solution, ProtegeXE, your team can fully automate and revolutionize the way you process draft collections .

The following benefits will enhance your team's needs for automating the collection letter process:

Customized hot-keys, pop-up menus and drop-down lists to guide operators through the entire process
Intuitive research portal to view, edit, and print existing collection letter activity.
Embedded check issuance and general ledger ticket module to produce incoming payments and MICR-encoded debit and credit tickets.
“Recall” feature on the Incoming and Outgoing input screens for quickly processing multiple items for the same customer or bank.

Helpful Links: