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 CDS Software Integrates TransUnion’s Collection Prioritization Engine Into Its CollectOne Platform Chicago, September 17, 2007 – TransUnion today announced that CDS Software has integrated TransUnion’s Collections Prioritization Engine (CPE) into its CollectOne platform. The integration enables collection agencies to embed TransUnion’s data directly into CPS’ CollectOne platform so that their agents have valuable database information contained within a central location. “Driving efficiencies to the bottom line is key to any businesses’ success,” said Mark Bergmann, Vice President, Sales and Marketing at CDS Software. “As a result, the ability to identify which consumers can and cannot pay and prioritizing them accordingly through TransUnion’s CPE is an attractive capability to offer the collection industry through our CollectOne platform.” TransUnion’s CPE helps credit grantors and third-party collections agencies reduce the time and expense spent on recovery efforts by leveraging highly predictive data and expert analytic capabilities to identify uncollectable accounts and rank-ordering those accounts most likely to be recovered. CDS Software’s CollectOne software allows collections organizations to download this account information to run dialer campaigns, process payment information and mail letters all from the desktop. It also tracks the history of each debtor account, including phone calls made and received, letters sent, credit reports, skip trace information, match and tie accounts and payment history among other functions. “Collection agencies often access the data that drives their businesses through companies like CDS Software and our partnership integrates TransUnion data right into their work flows to help them achieve more efficiency in their collection portfolios,” said Kevin Derbyshire, director of business development for TransUnion. “Given their legacy and industry reputation, we’re excited TransUnion’s CPE was integrated into their CollectOne platform.” CDS Software helps customers navigate regulation and management issues, improve collection operations and increase profits. CDS Software clients range from small collection agencies to law firms to retail, banking, insurance, and Fortune 500 companies. CDS Software customers collect on all types of debt, including medical, consumer, commercial and insurance. About CDS Software The proven leader in collection software solutions, CDS Software has been an innovator in the accounts receivable management (ARM) industry for over 35 years. Developing the industry’s first collection software solution in 1970, CDS Software revolutionized the way collection accounts were managed. Our flagship product suite CollectOne provides unparallel value focused on minimizing collection costs and maximizing results. To learn more about CDS Software and CollectOne, visit www.collectone.com or call 888-816-3333. About TransUnion As a global leader in credit and information management, TransUnion creates advantages for millions of people around the world by gathering, analyzing and delivering information. For businesses, TransUnion helps improve efficiency, manage risk, reduce costs and increase revenue by delivering comprehensive data and advanced analytics and decisioning. For consumers, TransUnion provides the tools, resources and education to help manage their credit health and achieve their financial goals. Through these and other efforts, TransUnion is working to build stronger economies worldwide. Founded in 1968 and headquartered in Chicago, TransUnion employs more than 4,000 employees in more than 30 countries on six continents. www.transunion.com/business Graphics and/or photographs to accompany this release can be obtained by members of the media by contacting Cliff O'Neal (coneal@transunion.com) at 312-985-2540 or Rob Lynch (ralynch@transunion.com) at 312-985-3059. |
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