Accounts Receivable Management Featured Article

RDK Collection Services Acquires Automated Collection Systems

January 20, 2012

RDK Collection Services announced the acquisition of Michigan-based Automated Collection Systems, also known as Receivables Management, Inc., Rehmann Receivables, LLC and Asset Recovery.

RDK is a national debt collection agency striving to successfully recover clients’ accounts receivables and bad debt. The RDK team offers a wide-range of prompt, professional accounts receivable collection and bad debt collection programs that are customized according to requirements of clients. It aids in clearing backlogged receivables, improving cash flow and liquidity, resulting in profitability for the client.

The company provides its collection services to the healthcare and telecommunications industries serving clients encompassing financial institutions, government, healthcare, insurance, Internet, media, property management, retail, telecommunications, and utilities.

In a release Richard D. Kundrata, owner of RDK Collection Services said, “Automated Collection Systems, Inc. is an excellent strategic fit for RDK. We are extremely excited about the potential and welcome the Associates and Clients of Automated Collection Systems to the RDK family. Our objective is simple, to ensure absolute customer satisfaction. We remain dedicated to this objective.”

RDK Collection Services officials added that the company has plans to put its long-term growth strategy in action by making more acquisitions besides improving operational efficiencies.

Kundrata added, “The acquisition of Automated provides our company with an expanded customer base at a time when there is a great demand for assistance to recover amounts owed. Coupled with our west-coast call-center we can provide an extended workday to better service our clients. We look forward to our relationship growing and flourishing with our new clients.”  

RDK is a member of ACA International, the Association of Credit and Collection Professionals, which is a comprehensive, knowledge-based resource for success in the credit and collection industry. The association establishes ethical standards; produces a wide variety of products, services and publications; and articulates the value of the credit and collection industry to businesses, policymakers and consumers.

Want to learn more about the latest in communications and technology? Then be sure to attend ITEXPO East 2012, taking place Jan. 31-Feb. 3 2012, in Miami, FL. ITEXPO (News - Alert) offers an educational program to help corporate decision makers select the right IP-based voice, video, fax and unified communications solutions to improve their operations. It's also where service providers learn how to profitably roll out the services their subscribers are clamoring for – and where resellers can learn about new growth opportunities. For more information on registering for ITEXPO registration, click here.

Stay in touch with everything happening at ITEXPO. Follow us on Twitter.



Shamila Janakiraman is a contributing editor for TMCnet. To read more of Shamila’s articles, please visit her columnist page.

Edited by Jennifer Russell

Article comments powered by Disqus

Related Accounts Receivable Management Articles

Pew Charitable Trust Releases Analysis of Military Financial Institutions

The Pew Charitable Trusts, a global not-for-profit that completes global research and analyzes public policy, announced near the end of October that it had completed its first evaluation of checking account practices within banks and credit unions that provide services for customers at military bases. Overall, it analyzed 18 of the 31 Association of Military Banks of America banks and 111 of the 134 Defense Credit Union Council credit unions at military sites. [ Read More ]
10/30/2014

Accounting Firms Take Note: Five Trends to Hit the Industry

A new report has emerged that makes one thing clear: the accounting industry has about five clear trends about to hit. From the largest of corporate accounting ventures to the simplest, key industry trends are set to arrive and pose opportunity for those who pay attention, and hazard for those that don't. [ Read More ]
10/29/2014

Accounting Firm Receives $100,000 in Consulting through University Competition

The Harvard vs. MIT Case Competition takes place every year to pit graduate students and postdoctoral fellows against each other to solve a real-life business challenge. Students from both universities generate answers to problems that affect an actual business; this year's chosen business was the accounting firm, Cloudsource Accounting. [ Read More ]
10/29/2014

Clayco Selects DataServ to Automate, Streamline AP Process

Clayco Inc., a full-service real estate, architecture, engineering, design-build and construction firm, has selected DataServ for accounts payable (AP) automation. [ Read More ]
10/24/2014
FREE Accounts Receivable Management enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!