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Irvine, California—November
15, 2006—Apollo Enterprise Solutions LLC, the leading
provider of web-based payment and collection technology, announced
today that it has surpassed the transaction processing benchmark
of one million dollars daily in online collections for its clients
through the Apollo True™ Collect™ system.
Michael Walker, Apollo’s Chief Operating Officer,
commented, “This significant daily milestone demonstrates
that debtors are ready, willing and able to pay or settle their
debts online through a secure web channel, especially if they are
provided payment offers and options that are uniquely matched to
their current ability to pay. We are extremely pleased with the
results of our enterprise deployments and the ability to handle
our clients’ needs. We have reached our daily $1 million target
early—our goal was to achieve this daily volume for our clients
by December 31, 2006.”
The Apollo True™ Collect system’s hosted application is
the first of its kind and has been recognized by the collections
industry as one of the most promising and efficient new technologies.
By integrating historical account and payment information, real-time
credit bureau data, and collection rules and guidelines to optimize
self-service payment options, Apollo has transformed the way the
industry thinks about the role of technology in collections and
recovery. Apollo’s current roster of clients includes credit
card issuers and finance companies, as well as debt buyers and collection
agencies.
About Apollo Enterprise Solutions
Apollo Enterprise Solutions, LLC, headquartered in Irvine, California,
provides enterprise-class web-hosted solutions for a variety of
industries involved in receivables management and debt collections.
At the heart of Apollo’s True™ Collect™
system is the patent-pending True™ Collect Decision Engine™ which provides
Decisioning Intelligence™, a revolutionary process that delivers
more debtors for recovery and settlement and more dollars per settlement
by creating individual, customized offers that reflect a debtor’s
most realistic ability to pay.
For further information contact:
Apollo Enterprise Solutions, Inc.
2101 Business Center Drive, Suite 215
Irvine, CA 92612
(562) 437-7855
jkonowiecki@apolloenterprise.com
www.ApolloEnterprise.com
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