Top Loan Servicer
Epiq AACER - Cashering
A national loan servicer approached AACER with a request to help reduce their reliance on the manual lookup and updating of Trustee payment allocations.
Loan Servicers and Subservicers
Finance and Credit Issuers; Cash and Payment Management
Trustee Payment Matching, Docket, Claims and Disposition Monitoring
Customer Receivables; Secured Lending; Unsecured Lending
Customer utilized AACER's Cashiering to automatically match Trustee payment vouchers from National Data Center (NDC) to cases in the AACER platform and access bankruptcy payment information. For customers already using AACER Docket Monitoring, AACER "flips the switch" in the platform enabling instant payment visibility.
By dynamically matching payments in a single location in the AACER platform, the customer saved hundreds of man-hours monthly and lowered their risk of missed payments allocations.