Creditor Portal
Make your interactions with creditors slicker and quicker
Key benefits of Creditor Portal
The Insolvency Rules 2016 changed the process for decision making with physical creditor meetings being replaced by decision procedures such as simple voting and virtual meetings. Here’s how the Creditor Portal can help your business make sense of the changes.
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Engagement
Engage stakeholders quickly and easily in the insolvency process
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Claims
When creditors upload a claim your team are instantly notified and can upload this data to IPS
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Avoid duplication
Claim data is only entered once to ensure there is no duplication of information or effort
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Add value to your brand
Brand the Portal with your business logo
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Voting Decisions
Allow creditors to vote on decisions and submit claims online. If you hold a virtual meeting the Portal allows creditors to vote on resolutions being decided at the meeting
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Streamlined end to end process
Creditors can conduct various activities without interacting with your firm, reducing the volume of communications received and manual processing
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Evidence
Make claims tracking easy by attaching supporting evidence. A valuable feature when new team members are required to pick up a case
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Approval of information
Have full control over what information is updated within IPS with the ability to accept or reject changes made by creditors and debtors