Softelligence EBS Garnishment Solution enables banks to manage end-to-end the regulatory process and payments processing, being integrated with the core-banking system in order to automate every action the users must do to process the received addresses.
The Garnishment Management solution helps in obtaining an integrated and effective support for everyday activities, meant to complete with minimal changes the beneficiary’s architecture of functionalities and systems and an efficient reporting tool useful for the management’s decision-making. It also provides a support system for end users, who are able to identify, view and trigger processes or steps of processes in an operative way.
It ensures a higher efficiency, transparency and control in managing the following business processes:
- Address registration and management
- Garnishment check-up and installment
- Payments management
- Centralized documents related to the installed garnishments
- Effective reporting tool for statistical or repetitive high volume reports, both internal and external
- Support to increase the quality of work and performance and ensure operational transparency and efficiency by reducing manual input and data processing