Debt Management Processing

BancTec offers an outsourcing infrastructure capable of efficiently processing all Individual Voluntary Arrangement (IVA) cases and debtor payments. To better manage debt processing, our unprecedented level of expertise and innovative back-office services collectively manage the IVA proposals to provide accurate client data that can be directly fed back into your decision-making systems — ensuring that you have the most effective approach to IVA management.

In the past, processing huge amounts of paper information was a high risk, low reward proposition — it was slow, manually intensive and open to abuse as there were few IP controls in place. Pertinent information held within the proposals is often scattered throughout the document, meaning that time-consuming delays and inaccurate data were all common factors leading to missing deadlines.

But outsourcing the process to BancTec dramatically improves the average completion time for each proposal — leading to considerable savings for your clients with less of the total value of debt being written off. By transforming the process into a highly intelligent and flexible service — using high-volume scanning systems, state-of-the-art workflow solutions, hosted archives, secure data feeds and the most experienced staff — BancTec provides you with immediate, secure access to all your debt management data.

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