Las Vegas, Nevada (PRWEB) November 18, 2005 –
Collection Advisor magazine today announced the selection of Apollo Enterprise Solutions’ new Intelligent Debt Solutions™ system as one of the Top 100 Collection Technology Products for 2005.
The announcement was made by Harry A. Strausser III, president of Remit Corporation in Bloomsburg, Pa., former chair of the ACA and emcee of the CAT Expo. This is the first year the magazine bestowed an honor of this kind on products and services in the collections industry and was a highlight of CAT Expo, an educational forum for the collections profession sponsored by the magazine.
“All of the companies honored as part of the Top 100 Collection Technology Products represent not only market leaders, but smaller, niche companies who present true innovation and insight within the industry,” said Editor/Publisher T. Allen Rose. “On behalf of the magazine, we are very pleased to bestow this honor on these very worthy companies.”
“The Internet has become the next frontier in the collections industry and, to that end, Apollo is offering creditors, agencies and legal recovery firms an advanced, web-hosted application that allows them to collect more debt, while lowering the total cost of recovery,” said Apollo President Christopher Imrey. “Through a convenient, private web-channel – available 24 hours a day, seven days a week – debtors can self-cure delinquent accounts or self-settle charged-off accounts by utilizing Apollo’s two web-hosted solutions - IDS Pay™ and IDS Collect™.
Imrey went on to note that the Apollo IDS system’s unique, comprehensive Decisioning Intelligence™ can be used by virtually any creditor or creditor agent for the curing or collection of almost any type or age of debt, including secured debt. Apollo’s integrated technology solutions also deliver the highest level of compliance and security available in the industry.
Collection Advisor’s Top 100 Collection Technology products are spread across 13 categories, including Commercial, Small Office, Mid-Range and High-End Collection Software; Scoring; Legal; Medical; Banking; Mailing Services; Electronic Payment; Skip Tracing; Predictive Dialers; and Interactive Voice Response. The comprehensive list will be featured in the magazine’s January/February 2006 issue, along with a companion story honoring the Top 50 Most Influential Collection Professionals for 2005 – another “first” honor of its kind for the profession.
About Apollo Enterprise Solutions
Apollo Enterprise Solutions, LLC, headquartered in Irvine, California, provides enterprise-class web-hosted solutions for a variety of industries involved in receivables management and debt collections. At the heart of Apollo’s Intelligent Debt Solutions™ system is the patent-pending IDS Decision Engine™ which provides Decisioning Intelligence™, a revolutionary process that delivers more debtors for recovery and settlement and more dollars per settlement by creating individual, customized offers that reflect a debtor’s most realistic ability to pay. For more information, please visit our website at http://www.apolloenterprise.com.
About Collection Advisor Magazine
Collection Advisor magazine is a national, bimonthly publication addressing collection management and technology in the profession. Each issue includes features and news about collection operations in companies and at agencies, reviews of software systems and collection tools and opinion columns by many of the profession’s most influential experts. It now is in its fifth year of publication.
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