With webABL you can track advances both at the invoice level and in bulk. The invoice level gives a detail of the clients’ accounts receivables in a wide array of reports. The bulk invoice approach gives an overall picture of the clients’ receivables with tracking of new billings, payments, invoice adjustments and ineligibles. You also have the ability to track direct and indirect payments.
A wide range of interest and fee structures is available including interest floors, ceilings and fixed rates. Advance and account minimums along with tiered and layered rates are also supported.
WebABL also has the ability to handle your broker fees and participations. Broker fees based on either billed or collected are supported. Participations can be settled on whatever schedule you like and webABL will not only compute the interest due but also provide the reporting you need in support.
A wide array of daily and monthly reports gives both your operations and credit people the information necessary to track and analyze each client to make smarter decisions faster.
With our affordable hosted solution, there is no need to invest in additional hardware, software or resources. You can work smarter with your current resources and our hosted solution gives you peace of mind that your data is safe and secure.