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Katabat

by Katabat · Since 2006
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ActiveAvailable globallyCloudOn-premise
Quick facts
VendorKatabat
Year launched2006
StatusActive
Location112 S French Street, Wilmington, DE 19801, US
Countries servedGlobal
Languages1
IntegrationsN/A
Free tierN/A
Free trialN/A
Contact salesYES

About Katabat

Katabat is an end-to-end debt collection software from Katabat that modernizes collections for banks, lenders, and enterprises. It combines omnichannel orchestration, machine learning, and a strategy engine so users can achieve stronger outcomes in their collections processes. This platform offers features such as success stories, webinars, whitepapers, ARM 1st Party, and ARM 3rd Party to support organizations in improving their collection strategies. Katabat is designed to be scalable and trusted by industry leaders, providing proven tools to improve operational efficiency and effectiveness in debt recovery. Key capabilities: omnichannel orchestration machine learning strategy engine ARM 1st Party ARM 3rd Party Best for: banks and lenders that need an effective solution for debt collection processes.

Katabat by Katabat is a cloud-based workflow management software tailored specifically for the financial services industry. It is designed to streamline and automate customer engagement, collections, compliance, and payment operations, helping institutions optimize their internal workflows while maintaining regulatory integrity. The platform is especially beneficial for banks, lenders, consumer finance companies, and debt recovery teams. One of Katabat’s standout qualities is its ability to unify communications and operational strategies under a centralized system, enabling organizations to maintain full control over customer journeys, decisioning, and campaign execution. Key features include automated workflows, customer-centric communication strategies, real-time data analytics, and customizable rules engines for compliance management. The user interface of Katabat is thoughtfully designed, offering a clean, modern, and functional layout that suits both high-level managers and frontline operational teams. Its dashboard provides a consolidated view of active workflows, task progress, campaign effectiveness, and customer engagement metrics. Navigation is seamless, with logical menu hierarchies and quick-access tools for frequently used features. Users can effortlessly switch between segments such as campaign management, compliance tracking, and workflow configurations.

Pros & Cons

Pros
  • Omnichannel: Reaches customers via preferred channels (email, SMS, voice, print).
  • AI/ML Driven: Uses machine learning for smart strategies, segmentation, and optimal contact times.
  • Strong Compliance: Built-in, auditable engine with customizable rules to mitigate risk.
  • Robust Security: Adheres to high standards (PCI DSS, SOC 2, GDPR).
  • Embedded Payments: Streamlined, secure, and diverse payment processing directly within the platform.
  • Enterprise-Grade: Trusted by leading banks and lenders for complex needs.
Cons
  • No Public Pricing: Requires direct contact for cost information.
  • Implementation Complexity: As an enterprise solution, implementation can be extensive.
  • Targeted Niche: Primarily designed for large banks, lenders, and enterprises, potentially overkill for smaller entities.

Features

Key features

Omnichannel Orchestration

Enables flexible and configurable communication across all channels (email, SMS, voice, print) to reach customers through their preferred method, increasing collection rates.

Sophisticated Strategy Engine

Combines powerful decision-tree and workflow capabilities to design personalized, interactive customer experiences for higher collection rates. This engine continually optimizes with machine learning to interpret real-time data.

Built-in Compliance & Auditability

Mitigates risk by offering a fully auditable compliance engine with customizable rules for every jurisdiction, ensuring adherence to regulations like Reg F's "7-in-7" call limits and state laws.

Robust Security and Data Protection

Adheres to advanced security standards and regulations, including PCI DSS, SOC 2, and GDPR, to protect data and reputation from cyber threats.

Embedded Payment Processing (Finvi Payments)

Directly integrates payment solutions within the Katabat platform, simplifying pricing, streamlining operations, and offering diverse payment options (credit, debit, ACH, online portals, text-to-pay, self-service) with 24/7 access.

Additional features

Digital-Native Platform

Built from the ground up for the digital age.

Full-Suite Debt Collection Software

Offers a complete solution for debt management and collections.

Cloud-Based Platform

Highly secure and accessible, delivering a personalized customer experience.

Maximizes Revenue Recovery

Aims to increase the amount of revenue recovered.

Shortens Customer Payment Journey

Streamlines the process for customers to make payments.

Flexible & Configurable Communication

Across all channels, including email, SMS, voice, and print.

Personalized Interactive Customer Experiences

Designed to deliver higher collection rates.

Machine Learning (ML) / AI

Adapts with experience to optimize collections, provides dynamic propensity to pay (P2P) scoring, best time to call, and advanced segmentation.

Fully Auditable System

For transparency and risk reduction.

Customizable Compliance Rules

Adaptable for different jurisdictions.

Workflow Automation

Automates workflows and decisioning, reducing manual effort and errors.

Pre-configured Templates & Tactics Repository

Ready-to-go strategies for email, SMS, and phone.

Automated Campaign Workflow

For managing communication campaigns.

Content Management

For communication materials.

Work Flow Management

For designing and controlling processes.

Standard Reports & Report Builder

For insights and analysis.

Recovery Accounting

Management of recovered funds.

Agency Management

Tools for managing collection agencies.

Document Upload/Download

For handling necessary documents.

Agent Desktop

Centralized interface for agents.

Self-Service Customer Portal

User-friendly portal for easy payment processing, dispute handling, and real-time balance updates.

Pre-configured Self-Service Consumer Experience Tool (REACT)

For immediate collection and interaction.

Unified Collections

Consolidates all facets of collection strategy onto a single enterprise platform.

Consent Capture

For managing consumer consent.

Abandoned Cart Messaging Feature

Specific communication for incomplete payment processes.

Modern APIs and Integrations

Facilitates integration with existing platforms and third-party tools.

User-Friendly Customer Portal

Enhances the customer experience.

Propensity to Pay Scoring

AI-driven tool to identify customers most likely to pay.

Best Time to Call Analytics

AI-driven insights for optimal contact times.

Real-time Synchronization

Enhanced Account and Customer APIs for real-time data synchronization.

WCAG 2.0 Accessibility

Enhanced customer portal accessibility.

Multilingual Support

French language addition to Customer Portal mentioned.

Advanced Payment Program APIs

For flexible payment options.

Single Sign-On (SSO) SAML 2.0 encryption

For enhanced security.

ETL Tool

For simpler loading of customer and account files.

Industry Expertise

Built by a team of collections executives.

Quickest Deployment

Aims for rapid implementation.

Automated Groupings

For efficient account management.

Systems of Record

For maintaining comprehensive data.

Trust Accounting

Specific accounting for trust funds.

Virtual Terminal

For taking payments over the phone.

Time Zone-Aware Contact Controls

To prevent violations.

Digital Financial Engagement

Tools for modern consumer interactions.

Customizable Messaging, Tone, and Settlement Offers

For personalized customer treatments.

Version Control & Auditability

For compliance.

Robotic Process Automation (RPA)

To automate manual and repetitive tasks.

Explainable AI

Provides clear reasoning for AI-driven decisions.

Integrated Payments & Merchant Services

Offers flexible payment options (online, in-person, text-to-pay).

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

Global
Countries served
1
Interface languages
10
Billing currencies

Interface languages

English

Billing currencies

🇺🇸USD🇪🇺EUR🇬🇧GBP🇯🇵JPY🇦🇺AUD🇨🇦CAD🇨🇳CNY🇨🇭CHF🇮🇳INR🇷🇺RUB

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