"The TECnet Network is changing the way credit and collections accesses external data"
Sarasota, FL (PRWEB) June 27, 2011
TEC announces eight new data and scoring service providers have joined TECnet, a network that enables service providers and collection organizations to seamlessly exchange and integrate data.
TECnet enables collection agencies and law firms to gain immediate access to data and scoring service providers through a single integration network. TECnet eliminates the expense and complexity of maintaining multiple custom interfaces and automates the exchange of data necessary for the efficient collection and recovery of debt. TECnet enables service providers to use one standard interface to exchange data with any client collection system.
“The TECnet Network is changing the way credit and collections accesses external data,” says Wendi Burkhardt, TruNorth President & COO. “This is an industry that relies heavily on the ability of all parties across the entire value chain to share data. Doing so has historically been a challenge, resulting in inefficiencies and higher costs. The TECnet Network gives the industry “plug-and-play” data exchange compatibility, which allows our clients easier access to our services regardless of the collection system in use.”
The TECnet Network is a single source, web-delivered, integration solution that facilitates data exchange between service providers (data companies, skip trace providers, scoring companies and letter vendors) and collection organizations (creditors, debt buyers, collection agencies and law firms). Eliminating the data exchange problem increases customers’ access to a greater number of data driven products and services, and reduces current dependencies on everyone’s IT resources to deliver and receive those services.
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 Services Group 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.
About Tru North
Tru North is a boutique information service company specializing in real-time data updates on the non-prime and thin-file consumer segment. Leveraging exclusive relationships and proprietary technology, the team at Tru North has developed a variety of solutions designed to specifically meet the needs of the collection and debt buying industries. Employing instantaneous updates to more than forty (40) data points on a consumer file, Tru North customizes solutions to increase contact rates, debt collection and in turn ROI. For more information on Tru North, please visit http://www.trunorth.net or call 1.866.910.0739.