Contact: ICEware Corp For Immediate Release
P: 866.927.0806
E:PR@icewarecorp.com
Collect on Arctic debt management software launches Metro 2 credit reporting Add On for TransUnion, Equifax and Experian. This latest in Arctic’s initiative to bring micro-enterprise solutions to small and medium sized businesses around the country.
In the past reporting to the credit bureaus has been a cumbersome process, you first need to choose your accounts, you then need to format them into the approved Metro2 format, you then upload those files to your bureau of choice. Now that your credit bureau has your file they will run it and list that debtor information on their report. To complicate things just a little more you musts now manage your accounts in your collection system as well as keep a separate database for all of the accounts you have listed on credit. You can see how trying to keep up with this is problematic at best and impossible at worst. There are more problems with managing disparate databases like these is that neither system assist you in meeting your collection agencies FCRA requirements, it is still your responsibility to remember what you sent to the bureau and then make sure that PIF’s and SIF’s are reported as well as Fraud’s, Bankruptcy and Deceased information. There needs to be a better way.
Enter Collect on Arctic and its seamless Metro2 Module. The Integrated Metro2 Module means that any collection agency can now manage all of their Metro2 reporting and FCRA requirements within one system. The Arctic System will format your Metro2 file for your bureau of choice and then as your collectors interact with debtors and update information the Arctic system will create and M2-auto-file that will instantly keep your credit listing up to date and accurate. To meet your FCRA requirements the Arctic system M2-auto-file update system will generate an export file with all new information for previously listed on credit accounts. This update will include everything from payment information, to settlements, to obtaining; fraud, bankruptcy and deceased information to a debtor disputing and event when needed complete removing a report from listing. One System, one button at one low cost all with Metro 2 on Arctic.
Arctic Collect is the industry’s first hosted collection software that provides low cost, enterprise level technology for the micro enterprise agency. Arctic is feature rich and gives you the ability to upload accounts, export reports, generate your own letters that can be printed in house and manage multi-office locations all for just $64.99 per user per month with no set up fee. If you are a start up or an established small sized agency you can pay less and get more with the Arctic solution. Arctic provides all the bells and whistles and helps you do business as if you were a much larger shop. Collect big as you save big with Arctic software. Contact them at 866-927-0806 or visit their website at www.collectonarctic.com .
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If you would like more information please contact Marc Campisi at 866.927.0806 x111 m.campisi@icewarecorp.com
