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For
Immediate Release
Data
Transformation Corporation
(301) 587-4580 Ext. 1122
(301) 587-8058
sales@dclsplus.net
www.dclsplus.net
ZEUS
Litigator Improves Debt Collections by 30 - 70%
Silver
Spring, Maryland - July, 19 2006 - Data
Transformation Corporation, the makers of
Debt Collection Litigation System Plus™ ( DCLS
) software, announced today the release of it's
ZEUS Litigator, a new web-based product aimed at
giving collection agencies, attorneys and in-house
corporate credit departments the ability to
significantly collect on
outstanding receivables.
In
a recent phone survey, collection agencies who
litigate debt show a 30% - 70% success rate
compared to collection agencies who pursue
accounts without litigation. ZEUS Litigator fills
this void, by allowing debt recovery professionals
and attorneys to have immediate access to the
entire U.S court system database and generate the
correct legal form. ZEUS Litigator takes
this one step further by automatically filling out
the court form(s) with the debtor information,
thereby reducing the time to fill-in court forms.
Prior to ZEUS Litigator, an individual would have
to search for the correct legal form and then type
the information onto the document. With over 3,000
counties in the
United States
, getting immediate access to the necessary forms
can be a challenging task for any agency or firm.
"This is a cutting edge product far superior
to anything in the marketplace," said
Andrew Thrash
, the President of Data Transformation
Corporation. "When compared to other debt
collection software products, we can drastically
reduce the number of days needed for an agency to
recover a debt. As a result, ZEUS Litigator will
have a positive impact on an agency's
bottom-line." The latest report shows
collection agencies were experiencing an average
recovery rate of 18% on $136M new business placed
for collections, while employee compensation
accounted for nearly half (46%) of the total
expenses at an agency ( Source: ACA
International's 2003 Benchmarking/Cost of
Operations Survey ).
While there are other firms who provide online
court forms, ZEUS Litigator is the only product in
the market that automatically organizes the debt
collection civil procedures in a framework that
guides the user through the legal process.
Since ZEUS Litigator is part of DCLS Plus™
2.0
Enterprise
, an agency can now comply with each states'
statues and requirements, including the Fair Debt
Collections Practices Act. Eric Halus, Managing
Partner, Brock & Scott Law Firm said,
"ZEUS Litigator is the main reason we chose
DCLS Plus 2.0 Enterprise over the other debt
collection software products in the marketplace. I
am truly impressed with their overall account
segmentation strategy
and their support team.”
Since
1968, Data Transformation Corporation (DTC) has
provided a wide range of engineering, software,
logistic, and support services to both U.S
Government Agencies and the Commercial Market.
Data Transformation Corporation is incorporated in
the State of
New York
, with offices in
Silver Spring
,
MD
;
Atlantic City
,
NJ
;
Turnersville
,
NJ
and
Melbourne
,
FL.
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