NRC Site Makes Evaluating Your Delinquent Receivables a Snap.

Business Editors

COLUMBUS, Ohio--(BUSINESS WIRE)--Aug. 8, 2000

Now business owners and professional organizations can determine exactly how much they have in delinquent accounts and bad debts -- and the time-depreciated real value of their receivables.

This is one of several online, interactive credit and collection analysis tools available on a new site (www.nationalrevenue.com) from National Revenue Corporation (NRC) -- a national provider of accounts receivable management and credit and collection services.

Paul Stang, vice president of sales development for NRC, said, "The new NRC Web site gives all credit grantors some new tools to assist them in evaluating their delinquent receivables. Online and in real time, visitors to our site can build an aging sheet and determine the real value of their aged accounts." Stang also noted that credit grantors who are using an outside collection source will be able to determine the net back on accounts submitted for outside collection. He explained, "Net back is the truest measurement of collection effectiveness as it is a ratio of the amount collected and the cost of those collections."

Other features enable visitors to view an online demonstration of NRC's Internet-based receivables management and collection program -- Tandem Online. Stang said, "Client acceptance of our on-line, Internet-based collection product has been phenomenal. The service is our most-preferred collection solution. Clients like the ability to submit accounts for collection directly online, update account status, and review their accounts 24 hours a day, seven days a week. Also, because the program is delivered over the Internet there is no software for clients to add or maintain." The NRC site includes password-protected access for clients using the company's on-line collection product.

Visitors to the redesigned NRC Web site can expect a unique, interactive experience that can help them evaluate their existing approach to managing the accounts receivable process. In addition to the interactive tools previously mentioned, visitors to the NRC site will be able to request a no-cost, no-obligation accounts receivable analysis.

National Revenue Corporation (NRC) is a division of Risk Management Alternatives, Inc. (RMA), a provider of pre- and post-charge off debt collection services for clients in all industries including bank card, health care, government, retail, oil, telecommunications, utilities, legal, and education. The company, based in Duluth, Ga., currently operates from 24 locations in the United States, and also, provides services to the Pan-European marketplace from Preston, England.