Asset Recovery Solutions is first in line to implement software solutions to improve collections process.

(Muncie, Indiana – May 19, 2010) - Ontario Systems, a leading provider of accounts receivable and revenue cycle management solutions for collection and health care industries, announces Asset Recovery Solutions (ARS), a full service asset recovery management and debt purchasing company, as the first client to fully implement Ontario’s Collect Savvy, a software solution designed for better debt collection management. ARS becomes the first-of-many Accounts Receivable Management (ARM) agencies that are implementing Collect Savvy to gain the flexibility and intelligence needed for an ever-changing economy.  

From contact management to month-end processing Collect Savvy automates everything based on an agency’s needs and objectives. Collect Savvy’s Strategy Commander allows users to define a specific treatment strategy or select a system pre-defined strategy for each account or group of accounts, and then ensures the plan is followed. As part of Strategy Commander, Collect Savvy offers the Champion/Challenger feature which enables users to see which strategies are meeting goals and which are not so the strategy can be adjusted for maximum profitability and efficiency. The incorporation of Microsoft Dynamics CRM platform into Ontario Systems’ software suite makes training and implementation faster and easier because of the wide familiarity with Microsoft products.

“Ontario Systems has been an excellent partner to work with while implementing Collect Savvy – efficient and extremely helpful in updating our extensive system,” said Tony Eshaya, COO, Asset Recovery Solutions. “By implementing Collect Savvy’s easy-to-use, time saving and automated software, we are improving our collections by streamlining our workflow process and with the new collect screen functionality our collectors will be much more efficient.” 

“We are thrilled to have ARS as the first customer to implement the Collect Savvy software solution,” said Michael Zammuto, COO, Ontario Systems. “With declining margins and decreasing liquidations - combined with ever-changing technology and regulations - collection agencies are continually looking for a way to stay ahead-of-the-market.  By ARS implementing Ontario Systems’ innovative solutions, they have enabled a more effective and intelligent solution for this industry.”

Collect Savvy allows users of FACS and Artiva to leverage the same GC IVR dialer with both systems, further providing users with an easy implementation process. “Each and every implementation follows our Launch Savvy methodology, which is a five-step approach that enables clients to migrate to Collect Savvy quickly and seamlessly,” said Pat Murphy, Director of Professional Services, Ontario Systems.  “The process all starts with the smartest implementation tool in the business - Migration Navigator.  It uses standard mapping, translation tables, profiling reports and easy-to-use custom field mapping tools to expedite the migration to Collect Savvy from any existing system.”   

Collect Savvy is currently available and can be deployed on-premise or as a Software-as-a-Service (SaaS). For more information about Collect Savvy, visit www.ontariosystems.com.

About Ontario Systems

Founded in 1980, Ontario Systems, LLC, is a leading provider of revenue cycle and collection management solutions for the health care and accounts receivable management industries. The company’s customers are among the nation's top 100 hospitals and health centers. More than 55,000 representatives in more than 500 locations – including nine of the top 10 U.S. collections firms – use Ontario Systems software and services. More information, call 800-283-3227 or visit www.ontariosystems.com.