State of Maine Renews Collection Services Contract with Transworld Systems Inc.

LAKE FOREST, Ill., Jan. 4, 2018 /PRNewswire/ -- Transworld Systems Inc. (TSI) – a leading analytics-enabled provider of accounts receivable management, healthcare revenue cycle and loan servicing solutions – is pleased to announce that it has renewed its contract with the State of Maine, Bureau of Revenue Services, for tax debt collection services. The term of the new contract ends on June 30, 2022 (including all renewal periods) and was awarded to TSI as a result of a competitive RFP process. The scope of TSI's work with the State of Maine includes first-party collection of delinquent state individual income tax debt, obtaining delinquent tax returns from non-filers, providing problem resolution and taxpayer assistance, and performing lien and probate functions.

Joe Laughlin, CEO of TSI, commented, "We are delighted to renew our partnership of more than 20 years with the State of Maine. Our Augusta, Maine based TSI team understands the unique needs and culture of our customer and delivers results for Maine taxpayers."

About TSI:

TSI is the leading provider of outsourced accounts receivable management, healthcare revenue cycle management and loan servicing solutions. TSI uses predictive analytics to collect on debt to help our customers accelerate cash flow and improve operational efficiency. Over the past decade, TSI has injected more than $6 billion in cash flow back into their client's businesses. Their clients include B2B & B2C Fortune 100 corporations, hospitals, financial institutions, governmental organizations, and small businesses.

Media Contact:
David Zwick
Chief Financial Officer
Transworld Systems Inc. (TSI)
[email protected]
+1 847-969-7977

SOURCE TSI

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