As business needs evolve with a greater need for operational efficiency and service enhancement, it’s clear that upgrading core banking systems is on the roadmap for many credit unions and community banks this year.

While it might seem counterintuitive to introduce another tech solution into your operations during an upgrade, with Eltropy’s Collection 2.0, you can get up and running quickly with our fast onboarding and simple implementation process. 

Even if your financial institution is in the thick of these system updates or just starting to plan for them, bringing Eltropy into your toolkit now is a smart investment. It ensures that your collections operations keep pace and excel, seamlessly bridging any gaps that system overhauls might introduce.

Why Now is the Right Time to Upgrade Your Collections Process:

• Seamless Integration: Eltropy’s Unified Communication Platform is engineered for easy integration with a wide range of banking systems. This means we can work alongside your current or upcoming system without causing disruptions. Our team has extensive experience ensuring a smooth transition, making the process worry-free for you.
• Parallel Implementation: We understand the importance of continuity in your operations. Eltropy can be deployed in parallel with your existing setup, allowing you to leverage improved collection capabilities immediately. This dual-running phase ensures that you start benefiting from our solution right away, without waiting to complete your system updates.
• Minimal Dependency: Our solution is designed to deliver value independently of your core banking system’s current state. Many of Eltropy’s features can be used to enhance your collections efforts immediately, offering flexibility during your transition period.
• Improving Collection Efficiency: Delaying the implementation of Eltropy could mean missing out on improved collection rates, enhanced customer communications, and significant operational cost reductions. Our solution will make an immediate impact, driving efficiencies and better financial outcomes from day one.
• Support and Training: Transitioning to new software can seem daunting, but with Eltropy, you’re not alone. Our dedicated team will provide comprehensive support and training, ensuring a seamless integration process and minimal impact on your team’s workload. We’re here to make this transition as smooth as possible.
• Customization and Scalability: We understand that your needs are unique. Eltropy’s Unified Communication Platform offers customizable and scalable capabilities that grow with your institution. Regardless of your system or operations changes, our software remains relevant, ensuring you always meet your collection goals.

While integrating a new digital solution amid core system updates might initially feel overwhelming, Eltropy’s AI-driven, flexible collections solution presents a unique opportunity to complement these updates and significantly improve your collections process with a member-centric approach.

With Eltropy Collections 2.0, you can boost productivity, enhance recovery rates, and maintain smooth operations from day one—no matter where you are in your core banking system transition.

It’s time to Break Through the Collection Silence and make your collections process as resilient as your credit union and community bank. Let’s chat – We’re with you every step of the way!