OUR company got its start by helping banks and credit unions provide more convenient overdraft protection for their customers and improve fee income, while staying in full compliance with the law. Strunk ODP Manager, now with more features than ever, remains the gold standard for managing your overdraft program.
Powerful: ODP Manager is the most powerful tool available to help financial institutions get the most benefit out of their overdraft programs and remain in full compliance with the law.
Hosted: The application has been completely re-written from the ground up to be more powerful, flexible and easier to use. It is now provided as a cloud-hosted application, taking full advantage of the latest software developments and eliminating the need for users to maintain a separate application in their own network environment.
Continuously Improved: ODP Manager is continuously updated. All updates automatically become available to all users at no additional charge.
Enhanced analytics: Determine how different factors affect your program’s performance, as well as many other diagnostics:
- Key volume analysis by branch and product
- Account services overlap: sweep services, line of credit, ODP
- Accounts that might benefit from outreach and counseling
- Assessment of risk-based loss reserves
- More consistent and productive program management
Parameter-Driven Configuration: Though the application comes pre-configured with Strunk’s recommended assumptions, all of the guidelines can be customized to fit each institution’s needs.
Customized Letters: The application includes a flexible letter generator, which generates the appropriate collection letters and custom letters, including welcome letters and program opt-in/ opt-out letters using flexible, client-specified criteria. Letters can be emailed, saving production and postage cost.
Comprehensive Reporting: The application includes a robust suite of the key reports you need to ensure strong performance of your program and documented compliance with regulatory guidelines.
Advanced History Tracking: The system keeps track of key account events, including a complete history of all collection letters that have been sent. All letters are stored within the application and can be re-generated at any time.
Core Processor Compatibility: ODP Manager interfaces with any core processor.