Search
 

CUTEK Crafts Collections Package That Integrates With Symitar Platform

X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

CUTEK is now offering credit unions a Web-based collections package that the Symitar specialist says is customizable and “not overflowing with unused features.” The new solution integrates with the Symitar Episys platform and other core processors, the consultancy said, and requires minimum maintenance. “Since we built it with a newer programming paradigm, this solution is very modular and plug-in based-which allows for its greater flexibility,” said senior programmer Eric Lizotte. “We’re utilizing all the Web technologies available for this product, which makes it act like a desktop application when it’s really Web-based.” The solution includes a queuing system that organizes and sorts into categories, such as home and auto loans, and is re-assignable in real time, allowing for that-day action on such situations as a checking account going negative, the company said. The package also tracks delinquencies and collections in an SQL database that can build ad hoc reports for business intelligence and data mining tools that allow tracking of CU staff performance. “Once again, we saw a need in the marketplace to develop a new solution. In this case it’s a collections package that meets the specific needs of the individual credit union-not an expensive out-of-the-box product that overflows in the functionality and features department,” said Ron Murray, president of CUTEK.

Peter Westerman

Recommended Stories

Credit Union Times

Join Credit Union Times

Don’t miss crucial strategic and tactical information necessary to run your institution and better serve your members. Join Credit Union Times now!

  • Free unlimited access to Credit Union Times' trusted and independent team of experts for extensive industry news, conference coverage, people features, statistical analysis, and regulation and technology updates.
  • Exclusive discounts on ALM and Credit Union Times events.
  • Access to other award-winning ALM websites including TreasuryandRisk.com and Law.com.

Already have an account? Sign In Now
Join Credit Union Times
  • Terms of Service
  • Privacy Policy

    • Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.