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New Online Service Boosts Collections, Settlement Rates


A new online service offered by SourcingPoint Solutions is helping businesses track down delinquent debtors and conduct faster, more efficient settlement processes.
Source: Informative Research
Apr 22, 2008 15:08:48
Click to see PDF Version of this Press Release


FOR IMMEDIATE RELEASE

PRLog (Press Release)Apr 22, 2008 – PersonLocate, the newest addition to SourcingPoint Solutions’ PowerScreen™ background screening services line, gives users the ability to access information that can help determine a person’s whereabouts. The new service automates a practice commonly referred to as “skip tracing,” and it helps attorneys, collections professionals, bail bondsmen and even government agencies locate an individual with minimal investment.

To initiate a search, an authorized user logs in to a simple, secure online system from any computer with Internet access, and enters a full or partial name or Social Security Number. With a few clicks, the user can order an electronic report that contains the search subject’s current and former addresses, aliases, vehicle records, court actions and known relatives and associates. The service references over 30 years of address information, and it lets users quickly and efficiently check against billions of records that represent nearly 98% of the United States’ adult population.

According to Tom Clowdus, SourcingPoint Solutions’ Senior VP of Sales, the new PersonLocate service was introduced in response to growing demand from professionals with needs “outside the scope” of typical background screening applications.

“There was a whole segment of the business community missing out on the benefits of our screening services,” said Clowdus. “While they understood and embraced the need for the employment and tenant screening we offer, many were also looking for a cost-effective way to recoup loss and speed settlement. Our PersonLocate service gives them that capability.” Clowdus added that the service, priced at $35 per profile, is an “extremely economical way” to differentiate between “valuable leads and dead ends.”

The new PersonLocate service is available to registered accountholders through the SourcingPoint Solutions Website at www.sourcingpoint.com. Since the service is part of the company’s PowerScreen offering, users get access to the complete PowerScreen line, including Social Security traces and credit history checks, criminal history data, Office of Foreign Assets Control (OFAC) “watch list” checks, drug screening and employment eligibility status (I-9) verification. Account setup is free, and training is provided.

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About SourcingPoint Solutions
SourcingPoint Solutions is a leading provider of information management services to customers in a broad range of industries, from litigation and real estate to mortgage lending, architectural engineering and hospitality/gaming. The company applies intelligent document imaging and automation, reprographics/finishing and private-label digital media solutions, empowering customers to reduce overhead and labor costs, supercharge workflow and boost profitability. Based in Garden Grove, Calif., with offices in Las Vegas, Nev. and Reno, Nev., SourcingPoint Solutions also offers background screening and other consulting services that enable customers to minimize risk and make better, more informed business decisions.

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Website:http://www.sourcingpoint.com
Email:Click to contact author
Phone:714.638.2855, X175
Fax:714.636.2510
Address:13030 Euclid Street
City/Town:Garden Grove
State/Province:California
Zip:92843
Country:United States
Categories:Business, Legal, Security

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