Finvi Adds Payment Processing to Katabat Debt Collection Platform

BURLINGTON, Mass. – Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payments process, recently launched a new integration between its payments platform and Katabat workflow software. With the addition of the embedded Finvi Payments solution, Katabat is now an all-in-one workflow and payments platform designed to increase collections rates and streamline operations through a combination of powerful digital engagement and payment processing tools.

This new integration offers Katabat users built-in compliance rules and modern, digital communication capabilities, such as text messages and emails, combined with convenient, familiar payment options (e.g., debit, credit, and ACH) to help meet the demands of today’s mobile, fast-paced world.

As the popularity of digital payments has increased over the years—with transaction volume expected to reach $1,765B in 2022 and an estimated $3,528B by 2027, according to Statist—not having a self-service online payment option can cause friction and impede collection efforts.

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