Accounts Receivable Management Featured Article

BPR Announces Partnership with Debt Resolve

June 23, 2014

Business Processes Redefined, LLC (BPR) has partnered with Debt Resolve (News - Alert), Inc., a provider of patent-protected full cycle accounts receivable management solutions for the resolution, settlement and collection of consumer debt.

 “This partnership will enable us to continue to provide our clients the best tools for their collection needs and to give consumers every opportunity to satisfy their obligations by providing a simple and convenient online debt settlement solution,” said Lauren A. Irwin-Szostak, president, BPR, in a statement.

Business Processes Redefined, LLC, is a receivables management firm for companies wishing to outsource some or all of their debt-collection activities. Founded in 2007, BPR works with companies of many sizes in a diverse range of industries, offering maximum value to organizations with past-due receivables in excess of $500,000 per month.

Szostak said that Debt Resolve brings a cloud-based collection capability that reaches consumers on their terms, thereby reducing complaints, improving compliance, reducing costs, and increasing recoveries.

Szostak said that the company is happy to put the best-in-class Debt Resolve solution to work for clients. Several agencies have already implemented the solution, and the initial results have exceeded the company’s expectations.

“We intend to fully implement the Debt Resolve solution with all our agencies at the BPR summit conference next month,” said Szostak.

Stan Freimuth, Debt Resolve's CEO, said that the company’s partnership with BPR is focused on delivering the best results for its collections agencies, using the most advanced technology available.

Freimuth said that the Debt Resolve system is the most versatile, cost effective, and consumer friendly web collection solution on the market for agencies and debt buyers. Consumers now expect to be able to handle most of their financial transactions online.

He said the company is happy to give clients a competitive edge by providing them with the most advanced, patent protected negotiation and settlement tool the industry has to offer. 




Edited by Maurice Nagle

Article comments powered by Disqus

Related Accounts Receivable Management Articles

FTC Staff Provides Comments to CFPB on Mobile Financial Services

Federal Trade Commission (FTC) staff commments on what it is doing on protecting mobile payments users. [ Read More ]
09/19/2014

The National Consumer Law Center Finds Collective Impact of Medical Debt is 'Enormous'

The National Consumer Law Center study says CFPB needs to take action on medical debt practices. [ Read More ]
09/19/2014

TrueAccord Closes $5 Million in Series A Funding for Machine Learning Debt Recovery Solution

Founded in 2013 by tech veterans from Silicon Valley, TrueAccord is a first-of-its-kind tech platform that seeks to transform the debt recovery system through automation, behavioral analytics and a human approach. The company's automated debt recovery platform helps to bridge the gap created between creditor and debtor by illustrating the behavioral patterns of those in debt and how to deal with them in the best way that results in recovering outstanding payments. Now, the company has announced … [ Read More ]
09/18/2014

Wipro to Offer Chesapeake's Financial Suite

Wipro, a leading information technology and consulting company, and Chesapeake, a premier financial software solutions firm, have announced a global partnership today. The alliance will allow Wipro to offer Chesapeake's suite of financial software solutions, encompassing Reconciliation Management and Balance Sheet Integrity (T-Recs Enterprise) as well as Treasury & Cash Management and Bank Payment Management (SmartTreasury and SmartAnalysis). They will be offered both as a cloud-based applicatio… [ Read More ]
09/16/2014
FREE Accounts Receivable Management enewslettter.

Events

Weekly Live Demo
Contact Center Solutions

Register Today!


Weekly Live Demo
CaaS Small Center

Register Today!