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

LocateSmarter Reveals Features of New Online Skip Tracing Application

LocateSmarter, LLC, a new online batch skip tracing application has recently announced its patent-pending features. LocateSmarter is a subsidiary of CBE Companies, founded in 2012 as a Business-Process-as-a-Service (BPaaS) company. It works to improve efficiency of batch skip tracing by sending your records to several data providers at once-with LocateSmarter you can send your files to one centralized location and receive information from multiple sources. [ Read More ]
07/23/2014

Accelya's REVERA Next to Propel GoAir Even Higher

Airlines have to operate in very challenging environments, and as the airline industry evolves changing business models, constant pressure of industry and regulatory compliances call existing practices into question. GoAir, one of India's fastest growing airlines, thus decided to address the challenges of its revenue accounting process, and turned to Accelya for help. [ Read More ]
07/23/2014

EGS to Sell Part of Accounts Receivable Management to Platinum Equity

To increase focus on its core business segments and services, Expert Global Solutions (EGS) is selling certain segments of its Accounts Receivable Management (ARM) business to Platinum Equity, a Los Angeles-based private equity firm specializing in business operations. The dollar value of the transaction has not been disclosed yet. The sale of Transworld Systems, Inc. will include Transworld Systems, Education, Attorney Network, Healthcare Bad Debt, Government and U.S.-based Third Party Collecti… [ Read More ]
07/17/2014

e2b Teknologies Wins New Customer for its Anytime Collect Solution

e2b teknologies, publishers of Anytime Collect accounts receivable management software, has recently won a new customer for its Anytime Collect for automated QuickBooks accounts receivable management. The name of the company has not been disclosed. [ Read More ]
07/17/2014
FREE Accounts Receivable Management enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!