CFG Accelerator Suite

The CFG Insolvency Accelerator product is a fully-wrapped purchase and service solution. We offer servicing and purchasing functions which allows you to choose how to best optimize your returns.

Our insolvency management platform is an advanced SaaS-based technology built using an infrastructure that is customizable to specific client preferences.

Our technology is deployed directly into clients operational sites and provides an interface for users to receive notices of insolvency, input proper account characteristics, monitor and report on financial and activity trends, and receive alerts based on custom requirements.

It gives creditors the flexibility to pick the solution they want. Whether it is solely servicing, or having Canaccede process and monetize accounts, there is a tailored solution for any need.

Canaccede is an active manager of insolvency accounts.

We are the leading fully-integrated service and purchasing provider in Canada.

We protect your brand at all costs.

Through our insolvency solutions, we work with you to optimize and create incremental insolvency value and leverage complete end-to-end solutions. We work with you to maximize results, minimize operational costs, and reduce capital requirements.

• Real-Time Reporting: We offer enhanced decision-making through customizable, real-time reporting and analytics capabilities
• Scalable Service Capabilities: We provide service and sale capabilities according to your defined needs
• Centralized Information Control: We establish centralized control over information exchange with trustees

Canaccede can customize the delivery of business process solutions across the customer lifecycle.

Volume Fluctuation Management​

• Record and categorize the number and type of documents as soon as they are received​.
• Flexible staffing on short notice based on insolvency volumes​.

Portfolio Workflow Management​

• Review estate and account information in one single page​.
• Easy access to all data points for processing insolvency notices.

Reporting​

• Customize reporting dashboards with intuitive user interface.
• Easy access to real-time information on all files.

Dividend Follow-Up​

• Automated follow-ups with trustees on all files requiring attention​.
• Receive payments and insolvency updates in a timely manner​.

Secured Communications​

• Directly communicate through system-of-record​ API.
• Categorize messages/requests to assign responsibilities and prioritize tasks.

Proposal Review and Voting​

• Leverage system machine logic and human review to maximize return on Consumer Proposals while minimizing annulments​.

 

We minimize the risk and expense of processing insolvency recovery volumes by providing fair value through forward flow sales.

We ensure compliance within the dynamic regulatory framework under the OSB and follow all applicable provincial and federal laws and regulations. Our data management protocols adhere to sophisticated and advanced privacy and security protocols.

We purchase forward flows according to your timing and other needs which improves your capital and operational expenses. Collecting recoveries at charge-off through forward flow sale allows for an uplift in reinvestment profits. Upfront sales allow for more explicit valuation of assets on the balance sheet and generate a stable and lower net credit loss rate against the corporate income statement.

The elimination of internal processing, monitoring and managing of receipts with debt sale can further eliminate vendor costs.

Automated Data Digitization Engine

• Insolvencies processed with speed, scale and accuracy for increased returns.
• Immediate creditor package digitization in both French and English.
• API Gateway fully automates document retrieval and provides real-time data tracking from creditor / debtor packages.

Enhanced Decisioning Automation Solution

• Enhanced Decisioning Automation engine uses machine learning tools to analyze insolvencies in real-time.
• Greater creditor efficiently and transparency of insolvent customers - improves quality of decisions to the trustee.
• Engine evaluates multiple criteria to adjudicate consumer proposals for maximum returns during voting process.
• Engine fast-tracks creditor packages and expedites proposals requiring additional review.

Advanced Reporting

• Insolvency processing, including detailed reporting and Trustee follow-ups are available quickly and accurately through flagship CFG Stream Platform.

Our solution offers flexibility and scale to meet fluctuating debt volumes including Automated Data Digitization, an enhance decisioning solution and advanced reports.