The low balance forecast report is a predictive reporting tool that forecasts future low balance payments based upon the consumer’s payment schedule, monthly draft deposits, fees, etc.
This report can be used as a tool to manage all low balance settlement payments including scheduled Direct Pay transactions. Some of the features of this report include:
- Ability to perform advances directly on report,
- Ability to select 3 -14 day window of future low balance settlements
- Display current balance and future balance on date of low balance
- Direct link to client dashboard - to conduct further research
Navigation: Report Tab/ Low Balance Forecast
Select Low Balance Forecast
Report defaults to 5 days.
Please note that we will be adding the field “Sub Type” which will display payment types including Direct Pay so that you can filter and sort accordingly. This modification will roll out soon and we will let you know once it becomes available.