|
Intelligent Debt Solutions™ System
One of the Top 100 Collection Technology Products for 2007
Irvine, California—November
20, 2007—
Apollo Enterprise Solutions LLC, the leading provider of web-based
payment and collection technology, announced today that the company’s
Intelligent Debt Solutions™ (IDS) system has been selected
for the third consecutive year as one of the Top 100 Collection
Technology Products for 2007 by Collection Advisor magazine.
“Decisioning Intelligence™, Apollo’s data-driven
decisioning process that significantly improves debt recovery while
reducing operational costs, continues to be one of the industry’s
most revolutionary and effective technologies,” said Apollo
Founder and President Christopher Imrey. “As the first web-based,
real-time, rules-based, self-settlement system to incorporate bureau
data, analytics and decisioning intelligence that match a debtor’s
current ability to pay, the Apollo IDS system has attracted several
marquee clients from the card issuing, debt-buying and recovery
side of the business over the past year and we are now collecting
over $1 billion online annually.”
Imrey went on to note that with Apollo’s success in the
United States’ financial markets, the company is currently
in the process of expanding its client base into the Europe and
Asia.
“Apollo is also experiencing increased demand from the healthcare,
auto finance, mortgage and public sector markets,” said Imery. “Our
advanced technology solutions come with the highest level of security
and compliance available in the industry today and are designed
for use in multiple industries with credit, receivables management
and debt collection needs,” said Imrey. “Now debtors
can make payments, self-cure delinquent accounts or self-settle
charged-off accounts 24 hours a day, seven days a week, by utilizing
Apollo’s web-hosted solutions - IDS Pay™ for current
account payments, IDS Collect™ for delinquent account collection
and IDS Recover™ for post charge-off recovery. And, since
our society is becoming more and more dependent on the mobile handset
as a primary contact device, Apollo has introduced IDS Mobile™ for
mobile payments and collections interface.”
One of the company’s major achievements in the past year since
its IDS system was named one of Collection Advisor’s Top
Technology Company Products in 2006 was the formation of its Healthcare
Subsidiary. Capitalizing on its success in financial services, Apollo
launched Apollo Enterprise Healthcare Solutions, LLC to provide its
proven, patent-pending online collection applications to healthcare
providers. By customizing the company’s web-based payments
and collections system to a healthcare provider’s specific
requirements, Apollo will effectively streamline and simplify their
self-service payments, collections and recovery efforts in the healthcare
revenue management cycle.
About Apollo Enterprise Solutions
Apollo Enterprise Solutions, LLC, headquartered in Irvine, California,
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 IDS 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.
Contact:
Jeff Dickey
Executive Vice President - Sales & Marketing
Apollo Enterprise Solutions, LLC
(949) 399-1000 x220 |