Cyclone Software

Cyclone Software

Cyclone Software provides specialized software solutions for the debt recovery industry, enhancing operational efficiency and compliance.

Location: United States
Software Type: Web App
Categories:

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Description

Cyclone Software, established in 1978, specializes in financial software tailored specifically for the debt recovery industry. Their flagship product, Plus2, offers a range of functionalities aimed at improving efficiency and compliance in debt management processes. Key features include:

  • Document Imaging: Users can scan and attach document images directly to debtor accounts, facilitating better record-keeping and access to critical documentation.
  • Regulatory Compliance: Plus2 ensures compliance with industry standards such as Metro II and HIPAA, which are crucial for maintaining confidentiality and legal standards in debt collection.
  • Automated Document Generation: The software supports automated generation of legal documents, customized billing programs, and automated communication notices.
  • Flexible Reporting: Users can generate a variety of reports, aiding in strategic decision-making and operational transparency.
  • Multi-Party Support: The software can manage accounts involving multiple parties, streamlining the debt management process.
  • Payment Processing: Integrated payment processing capabilities allow for efficient handling of transactions.

    In addition to Plus2, Cyclone Software offers RecoverNet, a web service that enhances communication between debt recovery systems and clients. This service allows clients to access their accounts, generate reports, and update information securely through a web browser without disrupting ongoing debt recovery operations. By ensuring that client data remains secure and accessible only to authorized users, RecoverNet enhances productivity and revenue for debt recovery agencies.

    Cyclone Software is also recognized as a BBB Accredited Business, reflecting their commitment to quality and service in the financial software industry.

Features

Document Imaging

Scan and attach document images to debtor accounts for better record-keeping.

Regulatory Compliance

Ensures compliance with Metro II, HIPAA, and other industry regulations.

Automated Document Generation

Automate the creation of legal documents and notices to streamline communication.

Flexible Reporting

Generate various reports that support strategic decision-making.

Multi-Party Support

Manage accounts with multiple parties involved in the debt recovery process.

Payment Processing

Integrated payment processing capabilities for efficient transaction handling.

Secure Client Access

Clients can access their accounts and generate reports securely via web browsers.

Tags

debt recoveryfinancial technologysoftware solutions

Documentation & Support

  • Documentation
  • Support
  • Updates
  • Online Support