RevQ Launches Revenue Results 5.0 Delivers for Government Collections

RevQ, the premier provider of compliance, collections and revenue recovery technologies for state, county and city governments, today announced the release of Revenue Results 5.0.  Developed exclusively for courts, taxation and other government entities, the latest version of RevQ’s debt collection software offers new features and enhancements for effective revenue collections.

New features for Revenue Results 5.0 include:

• Web Services:  Enables real-time data import from the accounts receivable or case management system(s) into Revenue Results.  This provides instant payment and adjustment activity updates allowing collection actions to be taken immediately.

• Enhanced Debtor/Account Workflow:  Expanded options for Users to initiate Next Step and Next Work Date, determine action(s) where a Payment Plan exists, and User defined events that expedite moving accounts quickly and effortlessly from beginning to end of the collection lifecycle.

• Debtor Statements:  Ability to create Debtor Statement templates that can include one or many accounts (cases).  Statements can be requested individually, en mass, and/or automated within the system scheduler.

• Reporting:  More robust reporting options that allow the User to zero in on the exact data desired with just a few mouse clicks.  Custom Report capability now offered to SaaS (hosted) clients.

Revenue Results 5.0 also features many updates for improved usability of workflow, correspondence, payment plans and reports. California clients can also benefit from the FTB/COD Update to meet new FTB requirements that go into effect in October 2008.

“We continue to build on and evolve Revenue Results to address current market needs and trends, and help our clients effectively and efficiently manage new challenges with their collections efforts,” said Bruce Randall, president, RevQ.  “We’re excited to release Revenue Results 5.0 and provide our clients with new tools and solutions to help them work smarter and faster with better visibility and control over day-to-day operations.”

Revenue Results is designed to automate the many manual tasks in the debt collection lifecycle and to increase productivity on tracking, management and follow-up of debtors. Revenue Results is available as a standalone installation or as a Software as a Service (SaaS) model. The software offers government users the ability to streamline account entry, due diligence tracking of accounts, matching like debtors, automated correspondence, payment plan setup, work list capability, graphical reporting and more.

About RevQ
RevQ, Inc. is part of the Columbia Ultimate family of companies, providing industry leading software solutions and consulting services to improve collections success in multiple delinquent receivables markets.  RevQ leverages leading collections tools, techniques and technologies with its unparalleled collective government experience and expertise to deliver compliance improvement and results critical to today’s Courts, Taxation and other public sector entities.