FaciliLegal is a full-fledged application dedicated to Banks, microcredit institutions and legal offices dealing with debt collection and collateral recovery processes.
It provides a hard and soft recovery solution for all business lines: Retail, SMEs or Corporate customers and follows up the whole life-cycle processes between a bank and its debtors, from early to soft, hard and legal collection.
FaciliLegal enables you to follow up every single legal process since its starting date then in court, in the bailiff and also maintain litigation court data. It provide to you a system that facilitates legal team scheduling of work and well as report the performance of the department and individual collectors.
You will have full control of the overdue loans during their soft, hard, collection, recovery and legal phase;
Extended information for the bailiff process including auctioning information;
Control on costs related to the recovery process for a better supervision on additional costs;
Automatic Notifications of customers through SMS and e-Mail;
The system is multiuser and grants restrictive access to different roles;
Up to dated information through Core Banking integration for customers, loans, related parties with the borrower and collaterals securing the loans;
The system stores all types of documents the collection, recovery and legal departments possess and enables an easy access to this repository;
A powerful reporting facility that gives a clear panorama of all bank collection, recovery and legal processes, their current status and even a detailed view of every single process.