Articles

India's Leading Insolvency & Liquidation Software

by Parshant Sharma Insolvency Professional

Insolvency software plays a crucial role in tracking and scheduling payments to creditors. It is an essential tool that provides insolvency accounting solutions to insolvency professionals. An insolvency management software can be used by companies to provide their clients with great care and efficient insolvency services.


Solvemint, India's leading insolvency and liquidation software, offers end-to-end insolvency management services to handle multiple insolvency cases efficiently. It has been primarily designed for insolvency practitioners to manage multiple corporate or personal insolvency cases.


Solvemint can assist you with accounting, billing, case management, and other aspects of business liquidation. Some of the key features you will find in this liquidation software are:


  • Built for IBBI empaneled Resolution Professionals

  • Offers a no-obligation free demo

  • Provides complete security and transparency

  • Well synced with industry trends

  • Can prepare and file a bankruptcy petition


In addition, Solvemint is constantly being improved and updated to keep insolvency professionals clear of any complications. You can be assured that your company is always in compliance with the laws.


Solvemint could very well enhance the liquidation services and day-to-day tasks of an insolvency practitioner. The ultimate goal of this insolvency software is to streamline the processes and provide the best insolvency solutions. These below-listed features of Solvemint can help insolvency practitioners deliver the best service to their clients.


  1. Stakeholders management- Solvemint has been designed for the resolution professionals empaneled by the Insolvency and Bankruptcy Board of India. This web-based tool helps to manage the entire insolvency process efficiently. It operates in key areas such as communications, claims, documents, and bids.


  1. Finds the best debt solution- A number of insolvency softwares are available in the market, but Solvemint has managed to stand out. One of the finest features is the automated assessment of a solution that is best suited to the client. The insolvency tool determines this solution on the basis of the amount of debt and deficits.


  1. Automated payments & redistribution- If you're working with a lot of clients, the option to automate repayments to creditors is an invaluable feature. Solvemint receives payments from clients and redistributes this to creditors, making it very convenient for the resolution professional.


  1. Claims & EOI management- Solvemint enables you to handle hundreds of claims and expressions of interest (EOI). Every claim is critically important and involves several phases of communication. The tool navigates you through multiple phases of bankruptcy in case of multiple claims or creditors.


  1. Status page, reporting & analytics- With Solvemint, the Insolvency Processing Status Page can be generated automatically. It helps the different parties to get all the relevant information in one smart view. More notably, it provides strong analytical reports to update the Insolvency and Bankruptcy Board of India every month.


  1. User-friendly interface- Any software that is difficult to use can devalue your services. The ability to use the system easily and efficiently plays a significant part. Being very user-friendly, Solvemint grants you the power to instantly check the debts and lenders of the client.


Solvemint is a complete suite of software developed for insolvency resolution professionals in India. It functions as the one-stop insolvency solution that could prove very useful in saving energy and time.


Are you an insolvency professional looking out for an insolvency software? Submit a request to the Solvemint team for a free demo and find out how this unique insolvency software can help you!



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About Parshant Sharma Junior   Insolvency Professional

1 connections, 0 recommendations, 12 honor points.
Joined APSense since, February 29th, 2020, From India, India.

Created on Mar 25th 2020 05:28. Viewed 378 times.

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