Contract Servicing System

Wednesday, April 11, 2007

   

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Why NoteServe

 

Flexibility in automating your contract collection processing means profit for your business.

NoteServe is the most comprehensive contact collection system designed to give you unprecedented flexibility and true user-friendly functionality. NoteServe is a 32-bit Windows application designed to efficiently automate the administration of third-party collection contracts. NoteServe provides a profit solution for businesses large and small, allowing each organization to combine features to create the functionality they need.

This fully integrated system provides you with all the tools necessary to effectively service your accounts, including:

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ACH Transactions (Automatic Charges and Automatic Deposits)

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Impound (reserve) accounting system includes escrow analysis (imports county tax files)

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Tickler system for account reminders or to automatically perform functions on accounts

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Multiple institution, client and branch processing

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Lockbox payment processing

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Full email capabilities (advices or notices may be emailed automatically)

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NoteServe comes with and fully integrates with the WorldSharp Check Reconciliation System

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Internet module to allow your customers to access their accounts

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Retains correspondence for each contract (both letters and emails)

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Retains scanned documents such as deeds and contracts

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Extensive interest calculation methods

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Ability to hold funds and warehouse disbursements

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Extensive and flexible fee capability (handles sales taxes)

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Handles weekly, bi-weekly, monthly, bi-monthly, quarterly, semi-annual and annual payments

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Extensive late charge capability

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Unlimited disbursements per payment

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Handles complex wrap around transactions

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Disbursements can be applied to one or more other contracts

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Payoff quotes are retained, user designed, modified and can be printed or emailed.

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Print or email letters or forms to payers or payees

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Handles demand letter creating and tracking

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NoteServe Security allows administrator to restrict users from accessing particular functions

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User Designed Forms and advices (WYSIWYG Forms Designer)

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Optionally can print entire check including logos, MICR characters and signature facsimiles

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NoteServe uses Microsoft Sequel Server (Insures database integrity and high volume capability)

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NoteServe comes with and fully integrates with WorldSharp 1099 Preparation System

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Monthly Activity tracking for Payees/Sellers receiving payments on multiple contracts

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No restrictions on number of years of past transaction history retained on contracts

 

 

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