EqX gives you the advantage of offering every current and prospective client the capability to start working their debt the day it is forwarded and to provide them with on-demand visibility into collections status and results.

Debt Forwarders want speed and visibility. They want to get accounts placed and worked as quickly as possible. And, they want to know what’s happening with those accounts throughout the collections process. With EqX, you give them both speed and visibility, with a lot less work on your part, and drastically lower costs.

Not only does EqX improve your performance, it demonstrates your enhanced results to your clients, and gives you the ability to take on more business with the same or fewer administrative staff.

EqX gives you a competitive advantage over other agencies or law firms while increasing your collections capacity and lowering your costs.

Economic Benefits

• Competitive Advantage with Greater Scalability
• Faster Collections and Better Liquidation Rates
• Reduced Operating Costs

• Increased Effectiveness and Client Appreciation
• Real-time Data Sharing with Clients
• Immediate On-Boarding of Any New Client
• Enhanced Compliance Risk Management Capabilities
• Reduced Burden on IT Resources

Competitive Advantage with Scalability
Your ability to get debt worked the day it is forwarded and give any client daily visibility into status and results is something only EqX provides. And because EqX eliminates your reliance on people to perform numerous functions, you can handle a lot more new business without the cost or risk of more overhead.

Faster Collections and Better Liquidation Rates
Through total automation, EqX reduces the time it takes to receive new accounts and claims and start working them. Since collectability of debt decreases over time, accelerating the collections process increases liquidation rates. And, with EqX there are no “lost” accounts – accounts that got forwarded but never got into your system.

Increased Effectiveness and Client Appreciation
Debt forwarders want to place their accounts with the firms who get the best results and are easy to work with. EqX not only improves your efficiency and performance, it demonstrates it to your clients. They’re happier. You earn more of their business.

Real-Time Data Sharing with Clients
Working with clients and answering their questions is so much easier when everyone is looking at the same information in the same form, at the same time. EqX makes it so. And since your clients have all of your account data at their fingertips, all of the time, there is no need for you to create and send them reports.

Immediate On-Boarding of Any New Client
Effectiveness, not software, should determine who works with whom. Since EqX makes software incompatibility obsolete, the playing field has been leveled. With no more interfaces to write, on-boarding a new client is immediate and requires no up-front investment.

Enhanced Compliance Risk Management Capabilities
The seamless, continuous flow of data and documents between you and your clients increases regulatory compliance, oversight, and tracking. EqX affords immediate verification and substantiation of compliance throughout the collection process.

Reduced Burden on IT Resources
Because EqX makes software incompatibility irrelevant and eliminates your reliance on workarounds, your IT staff doesn’t have to work so hard. They can turn their attention back to supporting the collections process and internal operations.