DistressITRecovery operations & compliance
DistressIT is the operational workbench for distressed-asset recovery. From statutory notice preparation to borrower engagement and dual-track recovery workflows, DistressIT lets recovery officers orchestrate every step while staying compliant.
What it does.
- Notice management
Generate, deliver and track 90-day, 40-day and statutory auction notices with digital signatures and proof of receipt.
- Borrower engagement
Communicate transparently. Capture consent, appeals and counter-offers. Maintain a complete, exportable history per case.
- Dual-track recovery
Run private treaty negotiation and auction preparation concurrently — without losing the audit thread between them.
- Timeline & provision tracking
Monitor days outstanding, provision exposure and recovery milestones in real time. Spot the cliff before you hit it.
- Audit-ready records
Every action is logged, timestamped and immutable — ready for CBK review, court proceedings or internal audit.
- Lender integrations
Bulk-import NPL cases from core banking systems. Push settlement and reconciliation entries back when cases close.
The outcome.
Manual workflows slow recovery, inflate provisioning, and leave audit trails scattered. DistressIT centralises recovery operations with built-in compliance — so you resolve faster, recover more, and survive examination.