Streamline and modernise your collection processes

The most modern collection system on the market, handling all types of credit and receivables, from early collections to legal recovery. Automated.

SETTLEMENTS / RECOVERY OF CLAIMS

Versatile solutions for voluntary and legal recovery

The cloud-based system includes powerful functions for versatile collection. Invoice reminders can be sent at the desired times through different channels: SMS, email and paper reminders.

The system also includes the necessary integrations to manage the entire lifecycle of your receivables.

If you want to serve your customers to the end, we have the solution for you. Vektor also supports legal collection functionalities - as the only system for SMEs in Finland!

Self-managed recovery

Ensure effective collection of payments through adequate communication. Automated, of course.

Cost-effective

You can optimise the cost of collection by using different transmission channels.

Improve the customer experience

Avoid bouncing customers and unnecessary data delays by handling the collection yourself wherever possible.

Ensure the repatriation of claims

When sending reminders doesn't work, you can easily use the system to apply for a judgment from the district court, which will allow the debt to be collected by the debt collection agency.



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A next-generation collection system designed to offer superior flexibility in managing collection processes.

It covers the entire process from start to finish and uses a high level of automation, from friendly collection to debt control. After the due date, the entire recovery process is seamlessly managed, including legal measures and post-collection monitoring.

  • Manage the entire process from invoice to legal recovery in one system
  • Reduce collection costs and better manage cash flow
  • Maintain customer relationships and your brand in customer communications
  • Flexible integration with existing billing and financial management systems

What stages of the recovery process does the system support?

  • Letters of reminder and letters of formal notice
  • Subpoena to the district court
  • Payment plans
  • Automatic retrieval of convictions
  • Financial transactions and settlements
  • Submission of the application for enforcement and processing of accounts and obstacles

Seamless compatibility with your company's existing financial management and invoicing systems

Lendiro's collection system can be up and running quickly in a few days with an easy REST API.

Pre-built integrations and processes ensure that the collection process can be handled completely independently, as if it were handled by a collection partner.

Main features

  • Receipt of invoice data
  • Sending invoices and reminders
  • CRM
  • Preparation and submission of challenge applications
  • Reporting

Integrations

  • Mailing channels
  • Communication (email, SMS, WhatsApp)
  • Regulatory systems (Santra, Uljas, Fresh)
  • Banking contacts

Processes

  • Ready-made recovery processes
  • A customised recovery process
  • Customized integrations required by the process

Clear economic benefits

The recovery of debts sometimes requires legal action to be taken. Did you know that most of the costs your company pays are the handling costs of the collection partner?

In fact, the successful implementation of judicial recovery only requires the issuing and sending of summonses. Why pay extra costs when you could automate the whole process with the Lendiron system?

Recovery partner
Lendiron

District court digital fee / summons

70

70

Handling costs*

169

0

Total

239

70

* Based on average publicly available price data

Save collection agencies' processing costs!

Our client in the telecoms and finance sector saved over 40% in collection costs in the first year by switching to Lendiron.

Confident businesswoman using her tablet and phone, smiling outdoors in sunlight.

Want to see how Lendiron could save you money and grow your business?