Payment Allocation & Claims Tracking
Automatically match, allocate, and track trustee payments against bankruptcy claims to simplify reconciliation and provide greater visibility into payment activity and recoveries.
Match payments to the right claims
Bring together National Data Center trustee payment feeds, bankruptcy claim records, case information, and client account and portfolio data.
Allocate payments accurately
Identify incoming trustee payments and match them to the appropriate bankruptcy claims and accounts.
See recovery activity clearly
Allocate payments across claims and accounts and link incoming payments to previously filed claims.
Simplify reconciliation and reporting
Track payment status, allocations, claim balances, and recoveries to improve visibility and reduce manual reconciliation.
Common Questions
Clear answers about how Payment Allocation & Claims Tracking works and what teams receive.
Does it...
Let’s talkDoes it automatically identify trustee payments?
Yes. PACT automatically identifies incoming trustee payments using National Data Center payment feeds.
Does it match payments to bankruptcy claims?
Yes. Incoming payments are matched to the appropriate claims and accounts.
Does it allocate payments across claims and accounts?
Yes. PACT supports payment allocation across claims, accounts, and portfolios.
Does it track claim balances and recoveries?
Yes. The solution tracks payment allocations, claim balances, payment status, and recoveries.
Does it link payments to previously filed claims?
Yes. Incoming trustee payments can be linked to previously filed bankruptcy claims.
Can I…
Let’s talkCan I reconcile trustee payments with bankruptcy claims?
Yes. PACT supports reconciliation of trustee payments against the corresponding bankruptcy claims.
Can I reduce manual payment matching?
Yes. Automated identification, matching, and allocation reduce the need for manual payment reconciliation.
Can I track payment activity across claims and accounts?
Yes. PACT provides visibility into payment status and allocation across claims and accounts.
Can I use the data for reporting and audit review?
Yes. The solution supports structured reporting and audit review of payment and claims activity.
What do I get…
Let’s talkMatched trustee payments
Incoming trustee payments matched to the appropriate bankruptcy claims and accounts.
Payment allocations
Visibility into how trustee payments are allocated across claims, accounts, and portfolios.
Claim and recovery tracking
Payment status, allocation details, claim balances, and recovery information in one place.
Reconciled payment activity
Structured payment and claims information that reduces manual reconciliation and supports reporting and audit review.
Does it...
Let’s talkDoes it automatically identify trustee payments?
Yes. PACT automatically identifies incoming trustee payments using National Data Center payment feeds.
Does it match payments to bankruptcy claims?
Yes. Incoming payments are matched to the appropriate claims and accounts.
Does it allocate payments across claims and accounts?
Yes. PACT supports payment allocation across claims, accounts, and portfolios.
Does it track claim balances and recoveries?
Yes. The solution tracks payment allocations, claim balances, payment status, and recoveries.
Does it link payments to previously filed claims?
Yes. Incoming trustee payments can be linked to previously filed bankruptcy claims.
Can I…
Let’s talkCan I reconcile trustee payments with bankruptcy claims?
Yes. PACT supports reconciliation of trustee payments against the corresponding bankruptcy claims.
Can I reduce manual payment matching?
Yes. Automated identification, matching, and allocation reduce the need for manual payment reconciliation.
Can I track payment activity across claims and accounts?
Yes. PACT provides visibility into payment status and allocation across claims and accounts.
Can I use the data for reporting and audit review?
Yes. The solution supports structured reporting and audit review of payment and claims activity.
What do I get…
Let’s talkMatched trustee payments
Incoming trustee payments matched to the appropriate bankruptcy claims and accounts.
Payment allocations
Visibility into how trustee payments are allocated across claims, accounts, and portfolios.
Claim and recovery tracking
Payment status, allocation details, claim balances, and recovery information in one place.
Reconciled payment activity
Structured payment and claims information that reduces manual reconciliation and supports reporting and audit review.
Bankruptcy Risk Solutions
Bankruptcy Risk Solutions at a glance
Download the one-page solution suite for a clear overview of the connected workflow.