Gila Corporation Receives SAS 70 and PPMS Certification

AUSTIN, Texas — Gila Corporation, through its business units, Municipal Services Bureau (MSB) and Gila Group, is pleased to continue its record of operational excellence by being recertified in two industry specific audits. The Company has again been named an approved Professional Practices Management Systems™ (PPMS™) certified agency and completed the Statement on Auditing Standards No. 70 (SAS 70) Type II certification, for the third consecutive year.

“Being continually recognized as a PPMS™ certified agency is extremely important because Gila Corporation holds itself to a higher operational standard. We continually take a critical look at our operations, in order to improve results for our clients,” said Bruce Cummings, Gila Corporation’s Chief Executive Officer. PPMS™ is a management system for collection agencies based upon developing, implementing and adhering to a set of industry-specific professional practices and policies. Less than one percent of all collection agencies are certified.

This unique designation is granted by ACA International, the association for businesses and individuals involved in the credit and collections industry. On an ongoing basis, the PPMS™ processes at certified agencies result in a reduction in errant procedures, increased communication among internal departments, better training and development of collections staff, and consistent, efficient and professional handling of client issues.

The SAS 70 audit involves an intense certification process where the Company’s technology platform and operational processes are tested and must adhere to strict industry standards, as verified by an independent auditor. This certification provides customers with the assurance that their data is properly managed and in compliance with the best practices in the industry.

"With the completion of the SAS 70 audit, our clients are assured that we have the appropriate controls in place to meet the strict security standards they demand and deserve. Our clients expect a higher level of service from us, and we consider both our PPMS™ and SAS 70 certifications independent, industry seals of approval,” Cummings added.

Gila Corporation serves the government sector through its MSB business unit and the financial services sector through its Gila Group division.

About Gila Corporation
Founded in 1991, Gila Corporation is a leading nationwide provider of receivables management and business process outsourcing solutions. Headquartered in Austin, Texas, the Company offers outsourced collections, payment processing and call center services to governmental entities, financial services clients and higher education institutions across the country. Through its strategic business units, Municipal Services Bureau and Gila Group, the Company empowers more than 350 talented employees with advanced technology, data management tools, and leading edge business practices to exceed the expectations of its clients. MSB collects delinquent court fines, fees and debts for a wide variety of governmental entities. Gila Group specializes in outsourced collections and customer service functions for financial institutions.

Gila Corporation distinguishes itself based on its brand: Experience, Execution, and Ethics. The Company works with more than 550 clients in 26 states and is licensed to collect throughout the United States. The firm has achieved ACA International’s Professional Practices Management System™ (PPMS™) certification and maintains an A+ rating by the Better Business Bureau. For more information, please visit www.GilaCorp.com or call # 1-800-568-7004.