Collection Advisor Magazine's Award Announced at Collection Advisor TECH

'06

    SEATTLE, Jan. 11 /PRNewswire/ -- Today, PAR3 Communications, a leading
 provider of enterprise customer communication solutions and business
 continuity notifications, announced that Collection Advisor magazine has
 recognized the PAR3 collections solution as one of the Top 100 Collection
 Technology Products for 2006. This is the second consecutive year the
 magazine has given this honor to PAR3, recognizing the company's solution
 as a powerful way to improve collections efficiency and effectiveness.
     PAR3's hosted, automated customer communication solution contacts
 customers with a personalized message, identifies the right party contact
 and offers self-service options such as pay, promise to pay or transfer to
 an agent or IVR. The multi-channel, interactive notifications complement
 existing collections processes and treat more than a billion dollars in
 outstanding balances every day.
     "We are thrilled to receive this recognition again from Collection
 Advisor as a collection technology leader," said Pat Whelan, PAR3 SVP of
 marketing and business development. "This honor underscores our dedication
 and success in helping leading organizations reduce roll rates, improve
 dollars collected to dollars spent and ultimately reduce the cost of
 collections."
     With years of collections experience helping Fortune 1000 companies,
 PAR3 was recognized for providing the right mix of technology, process and
 collections knowledge to customers such as DTE Energy, a utility that
 increased payment rates by 298 percent, and collected $252 for every dollar
 spent on the PAR3 solution.
     The Top 100 Collection Technology Products were selected through 13
 categories by Collection Advisor's editors based on reviews conducted over
 the past year, as well as reader response and feedback.
     About PAR3 Communications, Inc.
     Seattle-based PAR3 Communications, Inc., now with EnvoyWorldWide,
 provides end-to-end customer communication solutions from a single, proven
 source. The company's automated, interactive notification solutions meet
 the needs of the entire enterprise, from collections and customer service
 to the communication of unplanned events that threaten the continuity of
 business operations. The solutions are a blend of advanced multi-channel
 applications built upon enterprise software, delivered through a software
 services model. Businesses such as T-Mobile, Aquila, Bear Stearns, Nextel
 Partners and Symantec use the company's technology to leverage their rich
 enterprise-level customer data to proactively and personally interact with
 their customers with timely, relevant information. For more information
 visit http://www.PAR3.com or http://www.envoyworldwide.com . PAR3
 Communications and EnvoyWorldWide are trademarks of PAR3 Communications,
 Inc.
     About Collection Advisor Magazine
     Collection Advisor magazine is a national, bimonthly publication
 addressing collection management and technology in the profession. Each
 issue includes features and news about collection operations in companies
 and at agencies, reviews of software systems and collection tools, and
 opinion columns by many of the profession's most influential experts. It
 now is in its sixth year of publication.
      For more information:
      Mary Anne Gunn                        Hally Wax
      PAR3 Communications                   Text 100 for PAR3
      206-353-0535                          206-267-2003
      maryanne.gunn@par3.com                hallyw@text100.com
 
 

SOURCE PAR3 Communications, Inc.

Back to top