Learn why Quantrax is the preferred collection system for these industries.

Debt Collections

RMEx was created for the debt collection industry and has always focused on the average collection agency. By creating software with compliance, control, and cost in mind we were able to create an intelligent debt collection system. The system was designed to create compliance, create controls and monitor cost on account by account basis.

While the concepts of Artificial Intelligence have been understood for several years, its application to solve common business problems has been relatively limited. We have been able to use the concepts of artificial intelligence and added them to a debt collection system.

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Healthcare

Healthcare collections is one of the largest segments of the industry and a large segment of Quantrax’s’ business. We serve the largest hospitals down to the small regional healthcare collection agency. RMEx has controls that you can use to help ensure compleince to HIPPA and all other regulations.

While the concepts of Artificial Intelligence have been understood for several years, its application to solve common business problems has been relatively limited. We have been able to use the concepts of artificial intelligence and added them to a debt collection system.

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Government

Government collections has long been considered as one of the most sought after verticals by collection agency owners. But entry into government collections has always been difficult due to the extreme regulations involved. RMEx has been sought out for many years due to its ability to comply with any regulations are business rules. The ability to write documented and rigid business rules within RMEx makes it a choice of most government collectors.

While the concepts of Artificial Intelligence have been understood for several years, its application to solve common business problems has been relatively limited. We have been able to use the concepts of artificial intelligence and added them to a debt collection system.

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Student Loans

The regulations around student loan collections have always made entry into this vertical difficult for collection agencies. There are not only regulations but complicated re-aging rules and policies that create difficulties from a collection system standpoint. RMEx can handle those difficulties with its strict business rule format, by being able to create strict business rules on an account by account level RMEx makes it a perfect choice for student loan collection.

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Legal Collections

Legal collections has been the fastest growing segment of debt collection over the last five years, driven by the bad economy many issuers and debt buyers have rushed to judgment over the last few years. The trend towards legal collections is likely to continue as issuers look for more compliant options. RMEx is an excellent choice for legal collections due to its ability to be customized by the user. This allows its law firm to create a legal process that can be automated on a state-by-state or jurisdiction by jurisdiction basis.

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Automobile Collections

The collection of automobile debt is a complicated undertaking. Due to many and varied charges from repossession fees, remarketing fees, late fees, and many more misunderstood fees and charges the consumer needs educating. This type of collections requires large amounts of information to be available to the debt collector. RMEx provide solutions for this type of collections as well as cost controls which are highly needed in this vertical.

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Retail

RMEx is an excellent choice for retail collections.

While the concepts of Artificial Intelligence have been understood for several years, its application to solve common business problems has been relatively limited. We have been able to use the concepts of artificial intelligence and added them to a debt collection system.

Read More