Debtics is a cloud based debt management system for SME and Corporates for debt collections and invoice collection that combines all team effort with sophisticated management tools.
Debtics is designed to help accounts receivable department to better manage your collection process faster and more efficiently. Debtics is fortified with all needed tools in all-in-one solution from defaulters data import from Excel file, automatic distribution, defaulter profiling, follow ups, PTP tracking, settlements and collection.
Businesses from SME to corporate lose billions of amount in every year due to inadequate adoption of debt collection technology for outstanding payments collections. Many companies are struggling to collect outstanding receivables from their clients and thereby getting into large financial crisis.
Debt collection teams use mainly spreadsheets to track payment collections that don’t share common platform and can’t collaborate or communicate, leaving departments and its staffs separated.
Debt collection automation enables team collaboration, organized and systematic ways of collection, making long pending bad debts into revenues and save the business from financial risks.