Recovery Accounting. Recover More.
Automate and execute post charge-off recovery management on a single debt recovery platform.
Integrate Recovery and Collections, Seamlessly
Effectively place and manage charged-off accounts with Katabat™ Recovery Accounting. Part of the Katabat™ Restore collections and debt management solution, Recovery Accounting can serve as your post charge-off accounting system of record.
Experience the cost-effective convenience of an integrated system with the power of our strategy portal. Tailor your offers and automate digital communications to maximize debt recovery efforts.
Track and Update Account Balances, Accurately
Easily track, calculate, and update recovery account balances based on interest accrual, payments, and fees.
Your preconfigured workflows manage balance adjustments based on court-awarded legal terms and Katabat Recovery delivers seamless channel communications to courts, attorney’s and customers. With a documented account transaction history and clear visibility, you’ll stay on the right side of compliance.
Boost Payment Rates for Increased Recovery
Gain third-party visibility with reporting of new accounts placed, liquidation trending, daily general ledger extract, and daily transactions posted. Process inbound payment files from multiple external sources and set payment processing to occur automatically.
Your Challenges, Solved.
"Katabat’s (formerly CMC) Recovery Accounting Module finally allowed us to upgrade our legacy software to a new state of the art accounting platform for charged off accounts."