For creditors, Accelerated Data Systems® has created and implemented a forwarding module that allows you to manage the entire third party process through the life-cycle of your portfolio.
AdvantEdge® users have the ability to use advanced collection technology to ensure that your accounts have been fully exhausted prior to placement with your third party. Adding functionality to your current collection process, AdvantEdge helps you automate account flow, increasing the speed of collections and better managing your receivables. Then, AdvantEdge's advanced inventory control features ensure that the correct accounts are being sent to the correct parties.
AdvantEdge users have the ability to create "New Business" files for third parties, recall accounts from third parties and process "keeper" requests/close & return files/reconciliation files/remittance files, etc. from third parties. With AdvantEdge, you can upload files to your third parties, retrieve files from third parties via our website and monitor when your agencies are retrieving your files.