What is debt collection software?

Collaborative platform that makes difference in debt collection

From initial contact to receiving payment, Debtics software enables a faster and easy debt collection experience. Automate, optimize and measure all of your outstanding dues risks, collections and legal processes by your in-house collection team much efficiently.

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 departments to better manage your collection process faster and more efficiently. Debtics is fortified with all needed tools in an all-in-one solution, from defaulters data import by CSV file, automatic distribution, defaulter profiling, follow ups, PTP tracking and collection.

Why business needs Debt Collection System?

Businesses from SME to corporate lose billions of amount 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.

Main reason for this situation is the lack of a single debt collection automation solution that can manage every aspect of the collection management life cycle process across all business units in harmony. Most of the debt collection teams are handicapped in technology as their automation is limited to outdated technology tools such as spreadsheets and emails, while the pressure they are having is immensely high to produce results and showcase their achievements.

Debt collection teams use mainly spreadsheets to track payment collections that don't share a 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 saving the business from financial risks.

Debt collection software for every industry and market

Debtics adapts to the way each sector collects, overdue rent and service charges in real estate, certified progress bills and retention money in construction, high-volume postpaid balances in telecom, and trade credit across manufacturing, hospitality and SMEs. Explore the edition built for your industry:

Built in Dubai for the UAE and the wider GCC, with dedicated debt collection landing pages for these markets:

Debt collection software, frequently asked questions