Collection Agency Account Control Technology Acquires School Management Software Firm

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Account Control Technology, Inc. is pleased to announce it has expanded its capabilities through the acquisition of Diamond D, Inc., a data management software company serving education clients. The acquisition will facilitate the continued development of Diamond D’s comprehensive school management software, while broadening Account Control Technology’s solution set, which currently includes debt management and recovery services for the education, government and consumer markets.

“With this acquisition, Account Control Technology is laying the groundwork for a vertical integration strategy that expands our services for the education market and provides our clients with additional value,” said Nabil Kabbani, company CEO. “As we invest in Diamond D’s development, we will gain the capability to help institutions manage their student accounts from initial contact through enrollment, graduation, job placement and repayment of loans.”

Diamond D software is currently installed with 253 campuses throughout the U.S. and Puerto Rico. Offering affordability, usability and fast implementation, Diamond D helps schools manage student accounts, streamline reporting, and meet regulation compliance and accreditation standards.

“Joining forces with Account Control Technology, will enable Diamond D to realize its full potential,” said Dianna Atwood, Co-Founder and CEO of Diamond D. “We always dreamed of making the necessary investments to bring our quality software to more schools, and now we have the resources to make those dreams a reality, while continuing to provide the high level of service our clients appreciate.”

Founded in 2001, Diamond D, Inc. offers a comprehensive school management system that makes student management and reporting easy. The Diamond D software keeps track of students from the first call through their time in school and past graduation. It includes lead tracking, academics, financial aid, accounting, placement, accrediting reports, and default management. Along with a user-friendly interface, Diamond D offers outstanding customer support and on-site training. For more information, call (559) 897-7872 or visit www.diamondd.biz.

Account Control Technology, Inc. is a national leader in providing debt management solutions for education, government and consumer entities. Established in 1990, Account Control Technology has been recognized as an Inc. 5000 fastest-growing private company for the past six years running. The company serves clients nationwide from four existing office locations: Bakersfield, California; Canoga Park, California; Mason, Ohio; and San Angelo, Texas. For more information, call 800-394-4228 or visit www.accountcontrol.com.

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Posted in Collection Technology, Department of Education Collections, Student Loan Collections .

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