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The Creditor Management Module comprises a sophisticated interface for: easy creditor identification and selection, defining payment, proposal, fair share and concession criteria, managing EDI and EFT information, and merging creditor accounts.
Creditors may be defined using a hierarchical correlation, so that configuration information only needs to be entered once and applied to all creditors in the relationship.
| Feature |
Benefit |
| Hierarchical creditor correlation allows for creditor attributes to be entered only once and applied thereafter to all creditors in the relationship |
Eliminates redundant data entry and errors |
| Allows for payment collection, fair share, proposals, concessions, and disbursement configurations |
Provides accurate configurations representing creditor demand for maximum disbursement accuracy and increase of fair share collection |
| Flexible account consolidation that can merge accounts for an entire creditor or a portion of a creditor |
Easy account consolidation or separation enables agencies to update accounts based on creditor changes |
| Provides flexible EFI and EDI billing ID definition for MasterCard RPPS |
Maximizes EDI and EFT activity, increasing plan acceptance and fair share |
| Creditor hierarchy provides activity reports at all levels |
Provides accurate reporting for groups of related creditors |
| Identifies and accesses creditors by name, alternate names, city and account masks. Displays related creditors based on hierarchy definition |
Allows for rapid and accurate selection of a desired creditor |
| Defines and accesses creditor contact information |
Provides a single repository of contact information for creditors, ensuring the correct contacts are used and reduces time required to locate and contact a creditor representative |