Compliance
Compliance
Paramount Recovery Systems is confident in our ability to protect your customers’ personal data. As a collection agency, strict compliance regulation is vital to maintaining a vision of integrity and trust. Policies and procedures, coupled with appropriate documentation and implementation directives, have allowed us to establish a compliance management system that ensures adherence to regulatory agency guidelines.
Using CMS Services (Compliance Made Simple™) secure web portal, our clients can gain access to a variety of documents and reports including, but not limited to: policies and procedures, workflow protocols, licenses, bonds, and complaint logs.
Our sales team consists of key personnel who understand and empathize with the needs of our clients. Equipped with decades of experience in the collection industry, they have the knowledge to assist in reducing your bottom line and increasing revenue. Allow our trusted representatives to develop a custom strategy best suited for your portfolios and they will stay with you from the first handshake to the last penny collected.
We utilize one of the collection industry’s most sophisticated software systems, CollectOne from CDS Software. This platform allows us the capability to offer tools including, but not limited to: electronic file processing, integrated calling methodology, secure data storage and back-up, custom remittance configurations, payment plan monitoring, and portfolio batch tracking.
Continued education is vital in our industry, and we believe in sharing our collective knowledge with our clients. We offer a Point of Service training course for your front office staff wherein our instructor teaches vital information and techniques for collecting payments in-house and reducing AR. In addition, we are readily available for consultation concerning best practices, collection procedures and AR Cycle management.