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Follow on Google News | CR Software Launches Government Solutions DivisionCR Software creates Government Solutions Division in response to need for collection software expertise for Federal, state and local governments.
By: Carol Byrne Office: 703.293.7500 ext. 7584 Email: carol.byrne@ CR Software Launches Government Solutions Division Fairfax, VA, November 28, 2011 – CR Software, the world's leading collections and receivables management software supplier announced today the establishment of a Government Solutions Division. “As most of us know, the private sector isn’t the only area struggling with decreased operational funding, record debt levels and high consumer expectations,” Government leaders are rethinking debt collection, recognizing the impact increased collection revenue has on budgets at every level. “We’ve been helping agencies at the Federal, state and local level increase collection revenue for years. Creating a government division is a natural step as we continue to expand our expertise in this area,” Germanis said. The U.S. Department of Education, collecting more than $33 billion debt from three million borrowers and more than 15 million active loans recently implemented CR Software’s Titanium ORE (Open Receivables Environment) The State of Mississippi doubled collection revenue in one year following the implementation of Titanium. Other states, agencies and counties across the country are experiencing similar, tangible success. Property taxes, unemployment insurance overpayments and fraud detection, child support, DMV fees, fines and other charges are included in the debt types Titanium specializes in collecting. “The beauty of the Titanium platform is its’ ability to collect every type of debt, integrating with legacy and any other system or application an agency requires, using one platform, one download and one support system” said Germanis. Germanis went on to document the savings government agencies realize using Titanium. Designed to accommodate a wide variety of business processes to support the most complex environments, agencies gain the ability to significantly improve processes in real time, independent of vendor assistance with little additional cost. “Configurability is key. Not only do government agencies save a tremendous amount of money because the system is so flexible, it also puts them in control. They collect more because they’re meeting their own specific requirements, revising workflow processing to meet ever-evolving needs,” Germanis stated. About CR Software Established in 1984, CR Software has more than 27 years experience implementing collections recovery and debt management platforms, currently offering Titanium ORE (Open Receivables Environment) # # # As the market innovator for collections and accounts receivable management, CR Software offers outstanding collection software applications, customer support services, dialer/IVR/recording systems and custom development solutions. End
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