Collections
What is PAR in collections? The 1-30, 31-60, 61-90 and NPL buckets explained
PAR stands for portfolio at risk — the standard way lenders bucket overdue accounts by how many days past due they are. PAR buckets turn a vague 'we have arrears' problem into a prioritised recovery queue.
The buckets
PAR 1-30: newly overdue, first contacts and promise capture. PAR 31-60: escalating, automated SMS campaigns. PAR 61-90: senior attention. Legal/NPL: handover or write-off. Every account moves through the buckets automatically as days pass.
Why PAR beats the printed list
A printed list is a snapshot; PAR is a living queue. Calls logged, promises tracked, reminders sent automatically — nothing waits for someone to remember it.
PAR in APEX
Recoveries & Collections runs from PAR buckets with a dialing queue, promise tracking, automated SMS campaigns and escalation rules that route accounts to the right person at the right time.
See the workflows
Eleven deal steps and eight collections steps — with the system doing the remembering.
Common questions
Asked straight.
Non-performing loan — the account is in the most severe bucket, typically heading to legal action or write-off.
Keep reading
Investor payouts
How to split investor payouts: profit-split and fixed-return models explained
When a deal settles, the interest income has to be divided across every fund partner who contributed capital. Each investor may have a different arrangement: a 50/50 profit split, or a fixed return on their contribution. Doing this by hand, deal after deal, is where syndication businesses get exposed.
The product
Invoice financing software for intermediaries with multiple fund partners
Invoice financiers advance against unpaid invoices — and intermediaries do it with capital from multiple fund partners. Each invoice, each fund partner's exposure, each settlement: the math compounds fast.
The product
PO finance software: running a purchase-order book without spreadsheets
PO financiers fund supplier purchase orders against confirmed customer orders — and in South Africa, the best of them syndicate the capital across multiple investors. Their operations need software built for that specific model.