CyberRecovery

CyberRecovery is an on-line asset recovery system, to manage collection operations of charge-offs.

CyberRecovery tracks the performance of collection agencies, legal firms and in-house adjusters.

CyberRecovery efficiently handles report generation, legal proceeding filings and the sending of collection, foreclosure and repossession notices.The financial component of CyberRecovery takes over when the host A/R system charges off the account.

CyberRecovery automatically administers financial transactions and manages the process of asset recovery. All payment transactions whether entered manually into CyberRecovery or loaded from a host file, have a transaction code. This code defines the rules for applying payment dollars toward all account charges according to whatever sequence, value or percentage your institution chooses. This feature greatly enhances your ability to increase the speed of payment posting without sacrificing accuracy.