NPLs and NPEs Management Software
Credit management is the set of processes for granting credit to customers and managing the payment of the loan (generally in installments), keeping track of any payment delays to intervene promptly and prevent a performing loan from turning into a non-performing loan .
Credit management software supports banks and financial companies in the various stages of this process:
- the analysis of the customer's solvency, i.e. his ability to pay the debt;
- the concession of the debt and the monitoring of the timely payments of the installments, through the planning of the payments, the sending of due notices etc;
- the recovery of late payments and so-called non-performing loans, by sending payment reminders, collaborating with debt collection agencies or through legal actions.
Credit management begins with the analysis of the customer's creditworthiness, i.e. the ability to pay the debt. This can be done by analyzing the client's financial profile, such as their credit history, income, assets and other relevant information.
Credit management software helps companies automate credit management processes, thus reducing time and human errors. This means companies can manage credit more efficiently, increase liquidity and reduce financial risk.
On this page we present the software solutions for managing anomalous bank loans. The list includes specific solutions for debt collection legal practices, for the management of problem loans and software for the management of non-performing loans.
Non performing loans, NPL = non performing loans
The software solutions for the integrated management of anomalous bank credits are designed to govern all the problems that credit institutions, banks and financial intermediaries pursuant to article 106 of the TUB must face in order to manage the cases that can be check of non-performing loans - non performing loans, NPLs
A specific space is reserved for software for the automation of legal practices intended specifically for the internal legal offices of banking institutions, for debt collection agencies pursuant to Article 115 of the TULPS (also pursuant to Ministerial Decree No. 53 of 2 April 2015) and to law firms specialized in debt collection.
These pages describe the specific software tools for monitoring the performance of loans, for fulfilling IAS obligations for the various situations that may arise, the severity of which can be commensurate with the various situations and categories of non-performing loans: past due - overdue, stranded, restructured, non-performing loans, from problem loans to uncollectable loans that require a series of operations, such as the management of assignments and the activation of securitisation.
The automation of management processes allows banks to improve the control and monitoring of non-performing loans, quickly moving on to the administration of the dispute following the position of the credit recovery file from the moment it is assigned to the office bank attorney or external debt collection company until it is closed.
The software and applications are able to manage the activities of impaired loans in all phases of judicial and extrajudicial recovery, if necessary they allow the generation of the impaired credit matrix according to the Bank of Italy criteria.
The digitization of legal practices improves the coordination of personal, accounting, legal and administrative information.
Find the perfect bad debt management software for your organization's needs: NPL, non-performing loan software solutions for banks, lenders and finance companies are listed alphabetically by product name . The list includes sub-categories with specific solutions for debt collection legal practices, for the management of problem loans and software for the management of non-performing loans.