J & B Software & Ontario Systems 'Connect to Collect' For the Credit and Collections Industry

Business Wire, Jan 29, 2002

Business Editors/Hi-Tech Writers

BLUE BELL, Pa.--(BUSINESS WIRE)--Jan. 29, 2002

J & B Software, Inc. and Ontario Systems have formed a partnership that will greatly benefit accounts receivable outsourcing providers and collection agencies.

The combination of J & B Software's TMS Image(TM) suite of payment processing solutions and Ontario Systems' FACS(R) family of integrated debt collection management products gives the collections industry the ability to increase processing speed while reducing costs.

The FACS(R) system keeps track of all debtor information and automatically manages the collection workflow. When a debtor makes a payment, TMS Image(TM) processes the payment and updates the FACS(R) database.

As a testimonial to the mutually beneficial nature of this alliance, Bill Ensslen, sales manager at J & B Software, has this to say: "We are very excited about our affiliation with Ontario Systems. TMS Image(TM), together with Ontario Systems' FACS(R) products, will provide the collections industry with an unparalleled level of automation and speed of operation."

In addition to the increased capacity and decreased labor provided by the integration of TMS Image(TM) and FACS(R), the ability to encode checks at the processing center makes deposits more timely and also saves money by eliminating bank encoding fees.

"The automated platform has enabled us to increase productivity and accuracy, while reducing associated costs," said Bette Capaldo, general manager of NCO Group, who currently uses the TMS Image(TM)/FACS(R) combination. "It has been successful and our business has grown without increasing staff."

"Our clients lead the industry and this partnership will allow them to become even more productive and profitable," said Steve Beard, vice president for strategic relations at Ontario Systems. "FACS clients can expect dramatic results when they purchase TMS Image."

Ontario Systems provides receivables management solutions to organizations that manage large volumes of accounts receivable. These include hospitals, banks, collection agencies, utilities, and leasing companies. As the largest provider of receivables management products, including the FACS(R) and CT Vision systems, Ontario Systems is the recognized industry leader in technology and customer service.

For more information visit www.ontariosystems.com.

J & B Software, Inc. was founded in 1984 to provide quality solutions for the most complex, demanding, and unique payment processing challenges facing payment recipients. Its TMS Image(TM) suite of software accommodates check, data, correspondence, and remittance processing along with archiving and web access.

Check and remittance processing centers for many of the largest and most sophisticated bill processors in the United States utilize J & B Software, Inc. and its services, including the country's largest banking companies, over twenty-five state governments, and a broad base of insurance, utility, and mail-order companies.

For more information about how the combination of J & B Software, Inc. and Ontario Systems can benefit you, please contact J & B Software at 215-641-1500 or sales@tmsimage.com, and visit our web site at www.tmsimage.com.