Dallas, TX (PRWEB) August 13, 2007
Sentinel Development Solutions and DataRose today announced a new technology partnership that raises the performance standard for software solutions throughout the credit and collections industry.
Through this new partnership, DataRose's award winning Electronic Data Interchange software, called EqX™ or EqualXchange™ is now integrated within Sentinel's eCollections software. This integration makes it possible for eCollections users to seamlessly exchange data with any credit grantor, buyer, collections agency, or attorney -- even though they use different software.
"The credit and collections industry relies on collaboration between debt owners and their independent collectors. But this collaboration has always been thwarted by a lack of interoperability - different software systems don't talk to each other," said Jonathan Cleary, DataRose CEO. "Eliminating the software incompatibility problem is the final step in fully automating this essential collaboration and finally unleashing the full potential of collections outsourcing. That's what EqX does. Now, it no longer matters that people use different software," Cleary said.
"The integration of EqX into eCollections gives our users greater efficiencies and a distinct competitive advantage," remarked Sentinel CEO, Jeff Mains. "This enhancement strips huge costs and delays from the collections process. Solving this long-standing data exchange problem for collections partners allows them to work with anyone they want to, with full visibility, and no up-front capital cost or delay."
EqX utilizes a proprietary artificial intelligence engine known as 80R™ to translates the sender's data into the receiver's data formats, and then validate and normalize the exchanged data.
"The marriage of our technologies establishes a new standard for collections software. The partnership makes eCollections the only commercially available collections solution with embedded data exchange technology that is entirely platform and data standard agnostic," concluded Mains.
About Sentinel Development Solutions
Sentinel Development Solutions is a leading developer and integrator of receivables management software. eCollections, Sentinel's "Powerfully Simple" software, fully integrates and automates the collections process for collection agencies, lenders, debt buyers, and law firms. Thousands of users in both Fortune 500 companies and small businesses depend on eCollections to maximize collections efficiency, ensure legal compliance, and boost profitability of their operations in North America, Europe, Asia, and Latin America. For more information about Sentinel, please visit http://www.SentinelDS.com or send an email to info(at)SentinelDS.com.
DataRose's breakthrough, electronic data interchange (EDI) technology optimizes workflows between credit grantors and debt buyers and the collections agencies and attorneys who collect debt for them. The company's web-based EqX™ application enables debt forwarders to exchange data and document files with their outsource collectors, continuously, automatically, and with no human handling, regardless of the software and systems they use.
The seamless interoperability that EqX™ delivers accelerates and increases collections while dramatically reducing staff and other operating expenses -- with zero up-front capital costs or development efforts. Its value-added features include analysis and reporting capabilities that leverage management effectiveness. For more information, go to http://www.datarose.com or send an email to info(at)datarose.com.