Product Information

Features included to help you manage your trust account(s)

Debits

CollectPlus comes with the ability to debit from any bank in the US and Canada using ACH (Automated Clearing House). We utilize the US NACHA format for US and the CPA 005 1464-byte format for payments within Canada. This format is the Canadian equivalent of the US NACHA format. This is compatible with every major bank in the US such as Wells Fargo and Bank of America, as well as in Canada such as Royal Bank of Canada.

Schedule debits automatically based on payment schedule templates. You can use your own custom formulas or presets based on popular debit templates using monthly, semi-monthly, bi-weekly or weekly debits and fees.

Multiple State-Specific Bank Accounts

Funds are automatically debited, deposited and transferred based on specific state requirements. In particular, New York requires debt management agencies to use a NY based trust account. Our system will handle the transfer of funds for you.

Payments and Checks to Creditors

CollectPlus includes a check module with several single and multiple-payment check formats and electronic payment files. The system also includes the ability to import check images, issue Positive Pay files, and clear checks automatically based on imported files from the bank.

Quickbooks Integration

Our system can transfer debit and payment data to Quickbooks for full accounting reporting with your operating accounts.

Trust Account Reconciliation

CollectPlus includes the ability to reconcile your trust account transactions with your bank(s) statements using an intuitive screen similar to Quickbooks.

Individual Trust Accounts

We are compatible with different "Individual Trust Account" platforms such as Global Client Solutions, and can transfer and synchronize data between them.