CORPORATE BANKINGOnline Electronic Collections CORPORATE BANKINGOnline Electronic Collections CORPORATE BANKINGOnline Electronic Collections CORPORATE BANKINGOnline Electronic Collections https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Absa | Corporate and Investment Banking > Insights and Events > Online Electronic Collections Online Electronic Collections An intuitive, integrated and cost-effective Online Electronic Collection solution that enables you to manage collections processes and debtor books seamlessly. ONLINE ELECTRONIC COLLECTIONS Your business and money can work smarter for you with Absa CIB's accurate, insightful and tailored Online Electronic Collections platform. Our intuitive, integrated and cost-effective solution enables businesses to manage collections process and debtor's books seamlessly, processing debit orders and DebiCheck transactions quickly, efficiently and accurately. Features include: One, streamlined view of your overall collections book performance. Customised online debtor management. View, filter and manage unpaid transactions in real-time. Reporting that enables strategic and accurate decision-making. Maximise the ability of your business to collect accross multiple debtors. Reduce the risk and administrative cost of handling physical cash. Download and print reports for accurate reconciliation and to inform more strategic outcomes. Absa CIB's Online Electronic Collections is quick to set up and easy to use, giving you greater control over your finances and more time to do business and realise your growth ambitions faster. Absa Online Electronic Collections is an intuitive, integrated and cost-effective solution that enables our clients to manage collections process and debtor book seamlessly- Ernest Chikoto, Product Head of Domestic Collections Solutions Overview An intuitive and efficient way to manage your business collections processes and debtor books Collection ability No need to wait for debtors to initiate a payment Multiple collections services to maximise collection abilities Reduces the risk and cost of handling physical cash Certainty of the cash flow position Digital collection capabilities Online debtor management Debtors and contracts are created and maintained on the collection channels Seamless management of debtors and collections in one channel Multiple contracts linked to one debtor Unpaid debts and arrears management Real-time viewing of unpaid bills and arrears Simplified and digitised processes for resubmission of outstanding payments Management and tracking of unpaid bills Reporting and reconciliation action Real-time viewing of the collection results enabling collection strategies Downloadable and printable reports to inform internal reconciliation and reporting processes Access Absa CIB's Online Electronic Collection solution An award-winning online platform In the ever-changing business landscape, Absa CIB continues to find innovative ways to ensure that your business has access to best-in-class solutions that are accessible, efficient and secure. Online Electronic Collections platform is an intuitive, integrated and cost-effective solution that enables you to manage your collections process and debtors' books seamlessly while processing your debit orders and DebiCheck transactions quickly and accurately. If your business is already using Absa Access, simply login and select Online Collections. If you are a new user, please contact us for access. Contact Us Accessibility Online Electronic Collections is accessed through our Absa Access platform, allowing for a single point and one set of user credentials to access the transactional banking services. Convenience Experience the simplicity of our Online Collections with our intuitive, integrated and cost-effective solution. No matter where you are the channel can be accessed 24/7. Security Our industry-leading two-factor authentication provides the highest level of security for your business transactions. The platform has different levels of security that protects your business against potential fraud. Absa Awards Our prestigious awards are a testimony to our Corporate and Investment Banking capabilities that are anchored on supporting the growth of key sectors of our economy, building strong partnerships with our clients as well as connecting clients to larger markets through our regional and global footprint View more awards Let us contact you Our representatives will get back to you in 48 hours Contact Form Share your details with us and a banking expert will get in touch you at your convenience. CONTACT INFORMATION Name Surname Job title Company name Company e-mail address Contact number (with country code) Are you an existing Absa client? Yes No HOW CAN WE HELP YOU What is your query related to? Please choose an option Get in touch Trade Management Online SIBOS Absa Insights Series Eurofinance Champagne in Africa Commercial property Connect with an FX expert Absa Access or Electronic Collections Trade and Working Capital I would like to sign up for marketing communications from Absa CIB Continue By clicking Continue, I confirm that I have read and accepted the Terms of Use and Privacy Statement. Related Insights DIGITAL SOLUTIONS A Digital Solution for Collections and Debtor Management How Absa’s Online Electronic Collections system solves the problem of collecting monies due, unpaid accounts and unmanaged arrears – quickly, efficiently and all on a single platform Read more RISK MANAGEMENT Trade Finance’s Digital Transformation Trade finance is drowning in a sea of paperwork. Digitisation is the obvious answer – but the journey to digital will take time Read more RISK MANAGEMENT Tap into Banking’s Digital Future The future of banking is digital … and deeply personal. 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