MUNCIE, Ind. — Ontario Systems, a leading provider of accounts receivable and revenue cycle management solutions for collection and health care industries, announces the introduction of Collect Savvy, a new software solution designed for better debt collection management. With a focus on reducing and controlling costs while making collections more strategic, Collect Savvy provides collection agencies the flexibility and intelligence needed to make agile decisions in an ever-changing industry.
From contact management to month-end processes, Collect Savvy automates everything based on the agencies needs and objectives. The software’s variety of new features is highlighted with Strategy Commander, which allows users to select a specific strategy for each account or group of accounts and then instructs the system to automatically follow the rules of the strategy. The system can estimate the cost of each action, estimate the return, and present the user with pinpoint ROI. In addition to Strategy Commander, Collect Savvy offers the Champion/Challenger feature, which enables users to see which strategies are meeting goals and which are not so that the strategy can be adjusted accordingly.
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