Business Services Industry

Accurint SurePlacement Technology from LexisNexis Helps Collections Agencies Enhance Profitability; Technology Helps Collections Professionals Make Smarter Decisions and Prioritize Accounts

Business Wire, Oct 18, 2005

BOCA RATON, Fla. -- LexisNexis U.S., a leading provider of legal, news, business information and risk management services, announces the release of Accurint(R) SurePlacement(TM), a technology that helps increase collection agency profitability by identifying, segmenting and prioritizing accounts for optimal processing. This process combines current, comprehensive LexisNexis(R) data with innovative Accurint technology resulting in a powerful tool that helps to improve business performance.

Accurint SurePlacement enables collections professionals to make smarter decisions through a simple process that flags relevant information on specific accounts. Batch wizard technology allows professionals to highlight specific events, request additional data and choose alternative processing choices. Trigger-driven processing allows professionals to stop when pre-determined search results are returned, eliminating unnecessary searches. The technology also enables segmentation to increase contact, comply with the automatic stay requirements and locate assets for repossession.

"Accurint SurePlacement will provide collections agencies with the tools they need to create value across the entire organization," said Dane Mauldin, vice president. "By prioritizing customers and tasks in an easy-to-use format, our customers can leverage SurePlacement to be more strategic about collecting cash, improving their companies' financial health, lowering days outstanding and reducing bad debt."

Accurint SurePlacement helps collection agencies streamline workflow management and focus resources on accounts that yield results, a tool that is vital to successful portfolio management. Accurint SurePlacement provides collections professionals with innovative features such as:

--Multiple person locator directories to validate debtor information

--New and historical address and phone information

--Nationwide bankruptcy information

--Deceased information

--Asset location for repossession

--Relatives, associates and neighbor information

--People at Work information

About LexisNexis

LexisNexis(R) (www.lexisnexis.com) is a leader in comprehensive and authoritative legal, news and business information and tailored applications. A member of Reed Elsevier Group plc (NYSE:ENL)(NYSE:RUK) (www.reedelsevier.com), the company does business in 100 countries with 13,000 employees worldwide. In addition to its flagship Web-based Lexis(R) and Nexis(R) research services, the company includes some of the world's most respected legal publishers such as Martindale-Hubbell, Matthew Bender, Butterworths, JurisClasseur, Abeledo-Perrot and Orac.

For more than 30 years, LexisNexis has been a pioneer in secure data sharing, information policy, and personal privacy. Through its risk management flagship products, Accurint(R), Banko(R), and RiskWise(R), LexisNexis helps to locate people and assets, authenticate identity, enable commerce, conduct background screening, and support national security initiatives. Customers include almost every Federal Government agency, the top 100 law firms, and Fortune 500 companies in the fields of national security, financial services, collection and recovery, insurance, telecommunications, e-commerce and retail.

LexisNexis and the Knowledge Burst logo are registered trademarks of Reed Elsevier Properties Inc., used under license. InstantID and RiskWise are registered trademarks of LexisNexis Risk Management Inc. Banko is a registered trademark of LexisNexis Public Records Services Inc. Accurint is a registered trademark of Seisint, Inc. SurePlacement is a trademark of LexisNexis Risk Management Inc. Other products or services may be trademarks or registered trademarks of their respective companies. Accurint SureContact is not a consumer report, as that term is defined in the Fair Credit Reporting Act (FCRA) and may not be used for purposes permitted by the FCRA. (C) 2005 LexisNexis Risk Management Inc. All rights reserved.

COPYRIGHT 2005 Business Wire
COPYRIGHT 2008 Gale, Cengage Learning

 

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