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

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