Collection Technology Feed Link

Collection Technology

The accounts receivable management industry relies heavily on technology to streamline processes and make operations more efficient. From complex communication technology like predictive dialers to cutting edge scoring and analytics, debt collection professionals use a host of progressive software and hardware solutions.

Integration has become very important with collection technologies. Many vendors are partnering with providers of different services so that their technology will “talk” to each other. For example, collection software providers are now sure to reach out to dialer vendors, makers of analytics suites, skip tracing providers and letter shops so that all services can be used in a single interface.

pixabay-right-party-contact-phone-call

TransUnion’s TLOxp and Interactive Intelligence ARM Solution Integrate to Improve Right Party Contact Rates

CHICAGO, Ill. – TransUnion and Interactive Intelligence announced today that TransUnion’s TLOxp® has integrated with accounts receivable management solution, Interaction Collector®. This integrated solution will help organizations improve right party contact rates by giving them access to unique data elements, such as one best phone number, best address, and place of employment. TLOxp offers actionable information that can […]

pixabay_psychia_crystalball_crystal_future

Experian’s Contact Monitor Strengthens Business Insight on Customer Contact Info

COSTA MESA, Calif. — Experian, the leading global information services company, today released Contact Monitor to help businesses reduce wrong-party contact that supports compliance with the Telephone Consumer Protection Act (TCPA). This new product provides an efficient process for verifying contact lists; keeping them up to date by monitoring and sending daily notifications of phone ownership and […]

pixabay-healthcare-stethoscope-medical

Latest Ontario Systems Whitepaper Examines Issues Around Self-Pay Revenue

According to Healthcare Finance News, more than half of provider bills don’t get paid. And for every dollar billed to patients, providers have historically failed to collect 65 cents. Providers are experts at managing insurance reimbursement, but collecting self-pay dollars is a different story. With the average annual deductible for covered workers increasing 255% since 2006 and projected […]

pixabay-big data horizontal

Announcing Data Signals, LLC Announcing an Exciting New Analytics Company in Jacksonville

JACKSONVILLE, Fla. - Data Signals is a new analytics company founded in 2016 and based out of Jacksonville, Florida. Founded by Jacksonville entrepreneur John Schanck, Data Signals is a big data & analytics company that is solving business challenges for our clients by utilizing our client’s offline first party data along with our new data technologies and […]

pixabay-letter-mail-respond

Free Webinar: Effective Design Trends to Improve Consumer Response

WIXOM, Mich., – RevSpring’s next free webinar, which will take place on July 21 at 2 p.m. EST, will outline today’s design trends and principles to maximize revenue opportunities. “Effective Graphic Design for Results” will explore the following: Adapting to Changing Consumer Expectations Maximizing Design Tools to Ensure Response Impact of Quality Graphic Design Relevant Communication […]

Laptop

Online Payment Services will Encourage Timely and More Frequent Payments

All businesses, especially those in Accounts Receivables Management, such as Medical Billing or Consumer Payments, have challenges in collecting payments; however, there are tools available that could help lessen the impact of loss due to these challenges. Businesses need to study these tools and consumer payment trends in order to assess if they are utilizing the best technology available to increase revenue and mitigate loss.

Debt Buyer PRA Group Acquires Payment Portal eGov Systems

NORFOLK, Va., — PRA Group, Inc.  (PRAA), announced that it has acquired eGov Systems, a provider of web-based payment portals and integrated revenue administration solutions for the government sector. The transaction will allow PRA’s government business to develop and maintain scalable online payment portals, as well as enhance its ability to expand its services and […]