Acumen! business analytics to be integrated with Ontario Systems FACS collection software to drive increased collection recovery and efficiency
Vancouver, Wash. - April 29, 2009 - The Intelitech Group, a business consulting practice and technology solutions provider for the collection industry, today announced that it has partnered with TEC Services Group, Inc. to bring its award-winning Acumen! business analytics solution to Ontario Systems FACS users.
A leading IT consulting firm for the collection industry, TEC Services Group provides comprehensive software implementation and customized solutions for over 70 FACS clients in the United States and Canada. Through this partnership, TEC Services Group will provide an integration of Acumen! for FACS clients to further enhance collection efficiencies, reduce costs and improve ROI. Ontario Systems FACS clients will now be able to forecast payment probabilities and uncover “hidden” dollars, find and apply the most effective debt recovery strategies for each account and reduce operating costs by as much as 30 percent.
“The collection industry continues to focus on strategies to drive new efficiencies and collect even more with less,” said Tom Sweat, president, TEC Services Group. “Acumen! brings powerful capabilities to increase and maximize collection efforts, and we are excited to begin delivering this new level of value and benefits to FACS clients.”
Acumen! is a business analytics suite that includes highly accurate and competitive scoring data, a performance dashboard to monitor KPIs and an easy-to-read graphical reporting tool. With over 40 installations of Acumen!, agencies are benefiting from best-in-class analytics to profile and score accounts, track costs and produce specialized reports and graphs to make sound business decisions and implement optimal work flows and business strategies for ever-greater profitability.
“Acumen! brings critical solutions and tools to empower agencies and help them be more successful with their collection efforts and improve their ROI,” said Doug Gregg, senior partner, The Intelitech Group. “Analytics will continue to drive new opportunities to help agencies gain a competitive advantage and effectively compete in today’s market conditions.”
About The Intelitech Group
The Intelitech Group provides consulting and technology solutions to help agencies achieve optimal results. Leveraging industry expertise and market intelligence with latest technology innovations, The Intelitech Group brings extensive knowledge, insights and practical tools to help agencies delve deep into all facets of the organization to measure, analyze and implement results-oriented solutions.
About TEC Services Group
TEC Services Group has been providing “real world” technology and operational consulting to the Accounts Receivable and Debt Collection industries for more than ten years. With experience that comes from the field, the staff at TEC truly knows the meaning of “real world”. They have assisted scores of collection organizations with services and projects to improve efficiencies and increase recoveries through the usage of systems and best practices. For more information, visit http://www.tecsg.com. (download this article as pdf)