3 Platforms offering debt management solutions in Canada
By Delisha Fernandes
Given how often individuals use credit cards to make purchases, it’s easy to see how quickly debt can accumulate. What initiates as a seemingly small and manageable expense quickly escalates into a mountain of debt that becomes challenging to manage. Fortunately, there exist numerous platforms in Canada that offer effective debt management services.
These platforms provide comprehensive solutions, including financial education, tailored debt management plans, credit counselling, etc. With the following valuable platforms, Canadians can confidently face the challenge of handling their debts and take meaningful steps towards a brighter financial future.
Let’s look at 3 Platforms offering debt management solutions in Canada
ABLE Monitoring platform allows businesses to fully utilise their loan monitoring capabilities across different portfolios, such as retail, corporate, and SMEs. Lenders can leverage these capabilities to handle customer and client relationships more efficiently and profitably.
TurnKey Lender is an established provider of ULM (Unified Lending Management) services and solutions on a global scale. Their all-in-one system simplifies the lending process by automating all aspects, from application processing and borrower evaluations to origination, financing, servicing, collection, reporting, compliance, and more.
YayPay streamlines the procedure of managing accounts receivable for B2B finance teams by allowing them to stay ahead of the game and get paid faster, irrespective of their location. The platform integrates effectively with existing ERP, CRM, accounting, and billing systems, offering real-time data in user-friendly cloud-based dashboards providing complete visibility into AR.
ALSO READ: Wealth Management &Private Banking System Report Q4 2022
IBSi Daily News Analysis
June 02, 2023
How wealth management firms can grow revenues in a declining marketRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage