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What is Twenty-First Century Loan Servicing?

SERVICE SYSTEM is an innovative loan management software for Windows that boasts an intuitive graphical interface allowing users to easily navigate through its point-and-click features. This application includes essential tools for interest calculation based on both fixed and variable rates, generating customer statements, processing payments, managing aged receivables, and producing delinquency reports, all while ensuring that customers are promptly notified of their account status. Furthermore, it provides functionalities for adding notes and comments with follow-up reminders, as well as in-depth collection reports and inquiry displays, ensuring that users can access a thorough history of each loan account from start to finish. Additionally, the software offers payoff worksheet calculations factoring in prepayment penalties, late charge assessments, payment reversals, and automatic generation of 1098 tax forms, all while enabling investor tracking that includes distribution payments and 1099 tax forms. It also features seamless integration with loan origination systems, general ledger software, Excel spreadsheets, and custom applications, as well as supporting Credit Bureau reporting in the metro2 format. An ACH interface is incorporated for the convenient automatic deposit of payments, permitting users to design personalized, professional-quality color forms that display the company logo, remittance address, and contact information. Overall, this all-encompassing software solution enhances the efficiency of loan management processes for financial institutions, making it an indispensable tool in the industry. Additionally, its extensive capabilities ensure that users can adapt the software to meet their unique operational needs effectively.

What is EasyInterest?

EasyInterest is an intuitive and efficient tool developed specifically to assist small business owners in managing late payments by automating the calculation and application of interest on overdue invoices. Traditionally, manually calculating interest can be tedious, error-prone, and time-consuming, but EasyInterest streamlines this task to be completed in under 15 minutes. The software integrates in real-time with widely used accounting systems such as Xero Accounting and Sage Cloud Accounting South Africa, ensuring data accuracy and workflow continuity. It offers flexibility by allowing users to set custom interest rates tailored to their specific business requirements. Charges can be applied in bulk, which significantly reduces the administrative burden when managing multiple overdue accounts. EasyInterest also enables quick reversal of previously applied interest, providing full control over billing adjustments. The tool’s user-friendly interface is designed to be accessible to users without advanced accounting knowledge, making it ideal for small businesses. By automating late payment processes, EasyInterest helps improve cash flow and reduces time spent on financial administration. Its seamless syncing and efficient features make it a reliable addition to any business’s financial toolkit. Overall, EasyInterest empowers business owners to manage overdue payments with ease and precision.

Media

Media

No images available

Integrations Supported

Sage Accounting
Xero

Integrations Supported

Sage Accounting
Xero

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

$11/month
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Twenty-First Century

Company Location

United States

Company Website

www.21stcenturycompany.com

Company Facts

Organization Name

EasyInterest

Date Founded

2022

Company Location

South Africa

Company Website

www.easyinterest.co.za/

Categories and Features

Loan Servicing

Accounting Management
Amortization Schedule
Application Management
Auto Loans
Automatic Funds Distribution
Business Loans
Collateral Tracking
Collections Management
Compliance Management
Construction Loans
Customer Database
Fee Management
Investor Management
Loan Processing
Student Loans

Categories and Features

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