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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
Integrations
Free tier
Free trial
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

What users like
  • +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.
What users flag
  • 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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