A Kaulkin Ginsberg Publication
LoneStar
11/23/2009

Interview: Wil Davis, President of Ontario Systems

November 11, 2005
 

Wil Davis, Chairman, President and Co-founder of Ontario Systems, talks to insideARM.com about his career, his company and the current environment of collection software.

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Responsibility - Employees should act as if the company is their own. We expect employees to take responsibility for their work, professional development and contributions to the team. We also expect employees to professionally address issues where they feel the company is falling short of its goals and principles.

Integrity - We desire to be known as a company of integrity. We expect each employee to act with integrity during every interaction with a customer, fellow employee or other business associate.

Tolerance - Each person has been given the gift of a unique spirit and personality. We expect employees to accept and embrace the different gifts and abilities that have been given each of us.

We began the business with the premise that the only sustainable competitive advantage any company has lies in its intellectual property — in other words, people are the only, truly unique resource we have with which to build our businesses. So, for all successful enterprises, in the long term, the question of how to attract and harness human capital is the ultimate question. To me, that means that we must answer the question of "how do people really want to work?" And then we create a corporate culture that allows them to become everything they were created to be. Rather idealistic, I would admit; but, I think it is the REAL top priority of an intellectual property based enterprise — and, as I've already stated, my prejudice is that ALL businesses are really driven by intellectual property, not just the so-called "high tech" businesses.

Q. What product was Ontario’s first “big hit”?

A. We launched the FACS product in 1984 at the ACA National Convention. FACS remained our flagship product for 20 years and has more than 35,000 users logging onto the system everyday.

Closely following FACS, the introduction of a seamlessly integrated predictive dialer called Guaranteed Contacts provided the market with both of the primary tools required for receivables management and has given our customers tremendous advantages of efficiency and effectiveness. That combination has been a true “home run.”

Q. What kind of changes have you seen in the collection industry through the eyes of a software provider?

A. Increased security regulations have provided an interesting challenge for everyone in the receivables management industry. We are supportive of the steps taken to protect a debtor’s privacy and are committed to meeting or exceeding all government regulations. We have several people working diligently to ensure our systems protect privacy and are secure.

Consolidation also has an impact, which has been positive for Ontario Systems. As companies grow larger, they require systems that can handle increased volumes and multiple locations.

As margins continue to shrink, the need for increased productivity and profitability continues to rise. Robust software that maximizes the capacity of every employee is no longer a nicety but a necessity. It is important that organizations automate the process as much as possible, leveraging their staff’s time and talents to situations where human contact or intuition is required, to ensure maximum productivity. Because of this, the industry continues to become more mature and sophisticated from a technological standpoint.

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