Better Communication with Bulk Emailers
Are you worried about sending email updates to thousands of stakeholders of the CIRP process? Solvemint insolvency process software has got you covered. With the help of our Communication Center, you can keep all the stakeholders updated with the right information promptly. This can either be achieved manually or automatically depending on how you choose it to be. Through the communication center at Solvemint, you can communicate the progress, status, claims, EOI, demand, information, or anything about the Corporate Insolvency Resolution Process or the Liquidation process without worrying about your Gmail quota, email-service provider etc. To uncomplicated the insolvency process software further, with the Solvemint communication center, you can communicate with stakeholders directly.
Workflows to Automate the Tasks
The architectural workflow of Solvemint is well-defined in sync with the Insolvency & Bankruptcy Code, 2016. The automation provided by the Solvemint insolvency process software can reduce and ease your work, aiding with the Insolvency Process. Moreover, weekly reporting with an automatic notice generation and live status page reports are salvation nodes for Insolvency and Bankruptcy professionals. The time-sensitivity with automation will help you be in sync with the insolvency and bankruptcy act in resolving insolvency. All the stakeholders have a fair chance of getting instant updates with automated tasks because it improves transparency and accountability. The Solvemint insolvency process software can reduce the scope of any human errors and with fewer redundancies. This significantly improves the productivity of the insolvency procedure.
Get a Full-Featured Solution for Managing Stakeholders
Corporate Insolvency Resolution Process means the involvement of a thousand stakeholders or less depending on the organization. However, when working with an insolvency process software, stakeholders expect regular and timely updates. To solve this issue, Solvemint insolvency process software lets you manage all the stakeholders, assets, & office sites using a simple web-based interface. This is a one-time process, where a Solvemint representative will help you to upload all your data to the dashboard and from there onwards, you can manage it all at one place. Hence Solvemint can help you to reduce the challenges faced by stakeholders during insolvency proceedings. Stakeholder management is essential to the insolvency process software to engage, influence and regularly consult them on the latest developments.
Manage Claims & EOI collaboratively with Claim Management System
With Solvemint’s simple web-based interface, you can manage thousands of claims or Expression of Interest(EOI) from one place. Solvemint lets you reply to each claim or EOI by keeping a close tab on all of them so that not a single case goes unnoticed or missed. With respect to the insolvency and bankruptcy code, Solvemint manages the insolvency process in a lawful manner with an up-to-date infrastructure and without any personal liabilities. The effectiveness of Solvemint insolvency process software will help in providing economically measurable results for all the involved stakeholders. This also enhances the process of quick strategies, with due respect to the Insolvency Act.
Powerful Analytics into Customized Reports
The analytics and reporting feature is a unique one. The robust reporting system of the Solvemint insolvency process software examines analytics on processes, claims and EOI. Then this information is automatically updated on the live status page with a simple click. By signing up on Solvemint, you can generate customized reports to update the Insolvency and Bankruptcy Board of India (IBBI), National Company Law Tribunal(NCLT) & other stakeholders without any waste of time. Whether it’s corporate insolvency, personal insolvency, group insolvency or cross border insolvency, Solvemint provides the required information and insights to relevant stakeholders about the insolvency process. Quick resolutions help to deliver sustainable growth of the credit market in India while safeguarding the interests of various stakeholders.
Instantly Accessible Information
Solvemint offers a highly modern way of keeping shareholders and partners updated through a status page. Having a status page means that through a method of consistent messaging, your stakeholders can see the real-time status of the events within the insolvency process software. The channels for conveying this information in the form of notifications depends entirely on your choice. Moreover, with a status page, it becomes much easier for you to manage communication with all the key stakeholders about critical issues or any on-going developments. This reduces the burden of trying to keep everyone in the loop with the latest progress happening or trying to ensure that new information reaches everyone successfully. Along with that, this also improves the trust of stakeholders in the insolvency process software.
An Optimizing Data Storage Service
Solvemint offers an excellent data backup service in an archival format. All the insolvency bankruptcy data that you input is saved and deployed through a sophisticated storage system with the highest levels of security. Once the insolvency process is completed successfully, you can export all your data to an external hard drive to keep a copy with yourself forever. However, due to any reason if you do not transport this data, then it is saved on our servers for a period of 7 years from the date of adding the data, without any additional costs. The Solvemint insolvency process software can make it easier for you to manage and protect your data once you register and become our customer.
Supporting Online Transactions
In compliance with the insolvency and bankruptcy code by the National Company Law Tribunal, Solvemint offers you an optional feature of e-auction services depending on which insolvency process software plan you sign up for. You can invite the interested bidders for a personal and specific e-auction, depending on your organization. The accuracy, authenticity and adequacy of information remain uncompromised in an e-auction since it is a much more superior method. E-auctions improve the transparency, help in securing a better price discovery of the distressed assets and speed up the corporate insolvency resolution process. However, any requisites or regulatory approvals are the complete responsibility of the interested bidder.