Balance Tracking & Cost Accounting from Convoke's Trusted Platform
ARLINGTON, Va., May 30, 2023 /PRNewswire/ -- Convoke Pulse is a
solution to manage recovery of post charge-off balances. Integrate and
consolidate data from all first- and third-party systems for a complete and
accurate view of each account. Balance and cost data is automatically updated,
granular, and easy to access. Convoke Pulse ensures you have up-to-date and
accurate information on balances and costs to manage both performance and
compliance.
Convoke Pulse enables general ledger accounting functionality and can
serve as your system of record. The new Account Detail Hub provides a central
location for all account-level data. It is fully configurable and customizable,
enabling regulatory oversight, analytics, and integration with other systems.
Like other Convoke products, Convoke Pulse is built with security in mind on Convoke's trusted, independently audited architecture, with
no data stored in the public cloud.
"Convoke Pulse represents a major step forward in our product
suite," said David Pauken, CEO of Convoke. "We aim to support
credit issuers with the entire collection and recovery process, and the ability
to integrate and track balance and cost data is critical for our customers. The
development of Convoke Pulse will also enable more innovative products in the
months and years ahead."
Convoke Pulse builds on the 2022 launch of Convoke Freeform: a flexible,
secure, and easy-to-use collaboration platform. Convoke will continue to
develop and expand the product suite to address both the business needs and
regulatory requirements of credit issuers.
About Convoke
Convoke provides modern recovery solutions for credit issuers to support
the debt collection process. The Convoke team provides industry-leading SaaS
support to customers, leveraging 12+ years of industry experience. With its
innovative and versatile products, Convoke enables
creditors to increase recovery rates, reduce the burden of third-party
oversight, and ensure regulatory compliance. Convoke is headquartered in Arlington,
VA. For more information on Convoke, please visit www.convokesystems.com.
Contact
Convoke
Ethan Dukes
703-562-4387
edukes@convokesystems.com
SOURCE Convoke