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Irvine, CA. - March 09, 2006
—Apollo Enterprise Solutions, the leading provider of intelligent
web-based payment and collection systems, has been recognized as
one of the top three providers of virtual collection technology
solutions by Collection Advisor Magazine.
In an article featuring the company and its technology,
the publication identifies Apollo Enterprise Solutions, and the
Decisioning Intelligence™ that is the heart of the TrueCollect™ system,
as the “brainchild” of founder and president, Christopher
Imrey. With his extensive CTO experience at several large companies,
Imrey developed a web-based, debtor-centric payment and collections
system that offers debtors a choice of payment or settlement options
that best fits their current ability to pay.
“This is significant,” according to Collection
Advisor’s editors “since debtors who feel they are managing
the process have been found to be much more likely to achieve the
settlement terms they agree to meet. Matching offers with the debtor’s
ability to pay has other advantages. Costly repossession processes
can be avoided, as well as the inevitable loss of a customer that
occurs when a debt has to be sold.”
The publication, in its March/April issue, asserts
that collection groups “may pursue the promise of new technology
to lower collection costs from one source, software to increase
debt service capacity without adding staff from another, and methods
to motivate and empower the debtor to pay from still another. It
is rare; however, to come across a product or service that makes
the bold claim to all these promises at the same time—in one
service. But this is exactly what Apollo Enterprise Solutions declares
for its TrueCollect™ ™ (TrueCollect™ ™) system.”
Collection Advisor’s editors also noted that
“Apollo markets the TrueCollect™ system as a supplement to existing
collection efforts. With no up-front costs and no in-house processing
required, implementation can be as simple as adding the URL to a
letter already being sent by creditors.”
The article concludes, “With its unique application
of technology, the Apollo TrueCollect™ system takes a giant step toward changing
the atmosphere between debtor and creditor. With no cost to implement,
many collections groups are likely to find TrueCollect™ an attractive method
to boost the bottom line.”
About Apollo Enterprise Solutions
Apollo Enterprise Solutions 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 TrueCollect™ 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 www.apolloenterprise.com.
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For further information contact:
Apollo Enterprise Solutions, Inc.
2101 Business Center Drive, Suite 215
Irvine, CA 92612
(562) 437-7855
jkonowiecki@apolloenterprise.com
www.ApolloEnterprise.com
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