You have tried every option. Now it is time for legal action! NEXUM will help you manage accounts through this process.

                       Watch a live Webcast at 10 a.m. on Monday to learn more

Cost and Outcome are two major priorities for our customers. Once a debt is considered for legal action the chances of full recovery may reduce while the continued cost of recovery likely to significantly increase.

NEXUM has been designed to help organisations reduce the amount of time and cost it takes to administer a debt. Speed is of the essence.

Once a debtor is engaged in communication NEXUM enables you to swiftly deal with any pre-requisites required for payment. Pre-requisites will include copy invoices, agreements or resolution of a dispute/ complaint. Addressing legitimate reasons for non payment as early as possible is an effective method of identifying potential bad debt. To secure payment Debtors can be offered payment plans, these are monitored by NEXUM, or issued with the most appropriate means of legal action in order to secure recovery.

NEXUM comes ready with all the County/High Court procedures, calculations, forms, documents and decision points. In addition we also include winding-up and bankruptcy procedures. NEXUM also has a range of inbuilt specific procedures to cater for regulated arrears such as The Consumer Credit Act 2006 (statements, reminders etc).

 

• County/ High Court Procedures
• CPC & CCBC as standard
• Bankruptcy & Insolvency Actions
• Defended Action support
• Multiple Debtor capability
• Multiple Jurisdictions
• Multiple Language support
• Multiple Currency
• Legal Scoring capability
• Integration with E-mail, SMS & Fax
• Document Management capability
• Interactive Diary/event support
• User definable recovery strategies
• Sql and Oracle Database options
• Integration with Accounting systems
• Electronic feed of new instructions
• Powerful reporting Dashboard
• Thin client support
• Integration with major email systems including Outlook, Eudora and Lotus Mail.