Auto-match payments from the National Data Center to your loan portfolio and eliminate manual cashiering work
AACER’s CashieringTM solution obtains Trustee payment disbursement details from the National Data Center (NDC) and matches it to your loan portfolio, thus eliminating errors from manual processing, as well as reducing the cost and risk associated with misapplication of Trustee payments.
These services then update your servicing system or third-party application, as well as, are used to produce court filings, customer mailings, and internal reports used in remediation projects, portfolio due diligence, and other requirements.
AACER dynamically matches the payment vouchers with the corresponding accounts in the customer portfolio and displays both the aggregated Trustee vouchers and payment details in a single view.
Assist in the identification to quickly and accurately apply payments to correct loans, even when there are multiple filers within the Trustee payment.