The ICBS CreditWorx Loan Information Management system delivers reliable customizable features for credit companies, finance institutions and even small to medium businesses. CreditWorx is equipped with features that make credit management easy applying the following details: date of loan, amount loaned, interest, interest term, loan term, start date, months remaining of term, balance, monthly dues and penalties.
Access Historical Reports
Creditworxresolves credit account history through a perceptive reporting module that highlights patterns in payment and credit history - payment records of specific loans based on unique loan ID number, date of payment, OR number, Check number, amount paid, changes and surcharges.
Manage Each Account Efficiently
With CreditWorx you can add, edit, delete user access rights, setup printing policies, lists collectibles, past dues, compare collectible vs. collected accounts, manage checks for release and provide an overdue report summary per account all in one management console.
Automate Collections Through Unified Messaging
Whether it's reminding customers about past-due accounts or delivering important news, CreditWorx can makes it easy for you to make contact. Through the ICBS Interaction Center, CreditWorx launches email, fax and SMS notifications whenever accounts become mature and sends follow up communications when they are overdue. Also, a unique account ticketing and resolution scheduling and management tool is available for managers to make important decisions with regards to accounts.