Michigan
Agency sees Acumen! analytics as key to
improve account decision making and boost its
clients’ bottom line
Vancouver,
Wash. – September 15, 2009 - The
Intelitech Group, a business consulting
practice and technology solutions provider for
the collection industry, said today that
Merchants & Medical Credit Corp., a
national collection agency based in Flint,
Michigan, has chosen its Acumen! business
analytics suite to increase the speed and
effectiveness of its debt recovery operations.
Acumen!
is a business analytics suite that delivers
critical solutions and tools designed to help
collection agencies work more efficiently and
profitably. The software suite includes
highly accurate and competitive scoring data,
a performance dashboard to monitor Key
Performance Indicators (KPIs) and an
easy-to-read graphical reporting tool.
“With
almost 50 years of experience as a successful
collection agency, we know the value of sound
business intelligence,” said Bob Cairnduff,
president of Merchants & Medical Credit
Corp. “We see deployment of the Acumen!
analytics suite as a means to ensure that our
account processes remain cutting edge,
competitive, and profitable.”
“Analytics
technology advances are helping collection
agencies improve decision making and success
rates based on highly accurate and
up-to-the-minute information,” said Doug
Gregg, senior partner, The Intelitech Group.
“For agencies working in today’s
competitive business environment, success can
hinge on having business intelligence tools
like scoring, payment probability forecasting,
and reporting dashboards that offer a complete
view of collections, and enable agencies to
pinpoint the right account, at the right
time,” according to Gregg.
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.
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. For
more information visit: www.intelitechgroup.com.
About
Merchants & Medical Credit Corporation
Merchants
& Medical Credit Corporation is a full
service national collection agency based in
Flint, Michigan. From a two-collector
operation with a paper file system, when it
was established in 1960, the company has grown
into a multi-faceted agency servicing local,
state and national clients with a staff of 120
using state-of-the-art technology. For
more information, see the Merchants &
Medical Credit Corp. website at: http://www.mermed.com.
For
more information, contact:
Doug
Gregg, Senior Partner
The Intelitech Group
765-744-7705
dougg@intelitechgroup.com
--
Tom McHale
McHale & Dunne PR
503-544-9429
tom.mchaledunne@gmail.com
www.mchaledunne.com