LATERAL is thrilled announce that they’ve been selected as a FINALIST in the Digital Business Transformation category at the 2020 Credit & Collection Technology Awards.

Ian McManus, Lateral Co-founder and CTO, spoke positively of the recognition recently: “Lateral Technology is proud to be a finalist for this year's Credit Connect 'Credit & Collections Technology Awards' within the Digital Business Transformation category. Our team have worked hard this past year deploying our 'Single View of Debt' screen for local government across the UK and we continue to remain excited about the future. Credit Connect's wide digital reach across the sector is proof that all in the industry should be looking towards digital transformation now and Lateral Technology will continue to drive innovation forwards, with the main aim of providing great cost savings for our clients”. Ian continued: “Being a finalist for such a coveted award allows us to distinguish Lateral from other competitors and ensures prospective clients know how innovative and powerful our software tools are. We’re excited!”

Lateral’s debt management, debt recovery and collections software has been an industry-leading product for some time. Its vast array of features include automated payment phone lines, SMS text payments, online payments via web portal and via barcoded letters. Lateral offers the most flexible and robust CRM and debt case management software on the market.  The software boasts over 700 plugins which integrate with various diallers, SMS and letter sending companies so that everything is tracked via Lateral.  It’s a system based on automation, prediction and insights, powered by machine learning and Artificial Intelligence. Lateral deploys all collections decisions consistently and accurately, whilst always ensuring total regulatory adherence for its users.

About Credit and Collections Technology Awards

The Credit & Collections Technology Awards were launched in 2017 with the aim to reward technological innovation within the industry. The Awards highlight the success of companies and individuals who lead the way in enhancing credit and collections technology. Now in its fourth year, the 2020 ceremony will celebrate the best in lending and collections innovations. Over the last four years, the awards program has expanded to recognise the development of technology with new awards categories focused on Artificial Intelligence and Machine Learning added to last year’s category list. For software providers, the Awards is a valuable recognition of company’s products and services. For credit and collections companies the awards is an opportunity to view future innovation, assess solutions, focus on customer experience and examine whether specific technology can enhance industry best practice. You can learn more about the Awards here.

About Lateral 

Founded in 2009 in Cheltenham, UK, Lateral’s solutions have been engineered to manage multiple debt categories, and automate business operations to maintain maximum productivity for their clients. Lateral’s debt recovery and debt collection software is highly scalable, flexible and automated.  Get in touch today and enjoy a free trial.