TEC Services Group, Inc.

TEC Provides Professional Services to Users of Latitude’s Software Products

Sarasota, Florida, September 26, 2011 - TEC Services Group has announced that it now provides Professional Services to users of Latitude’s software platform.

“We have long been the leading third party services company for users of the collection industry’s major software packages. Hundreds of ARM organizations have relied on our expertise and we have now brought that same level of service to the users of Latitude’s suite of software,“ says Wendell Etheridge, Executive Vice President.

“In todays economic environment it doesn’t always make sense to hire someone with a specialty skill-set when those particular skills are only needed a few hours per week or month. Using an outsourced Professional Services provider allows you to get the highest level of skills available but only pay for it when you need it,” added Etheridge.

Professional Services for Latitude’s suite of products are immediately available.

About TEC Services Group 

SARASOTA, Fla., September 7, 2011 – TEC Services Group announced today that its TECnet Network will seamlessly integrate Customer Complete from TARGUSinfo, the leading provider of On-Demand Insight to the most recognized brands. Using Customer Complete, TECnet clients are now able to keep customer data current and append missing phone numbers to customer contact information where necessary. 

“TEC has been working with collection agencies and law firms for over a decade and has built tens of thousands of interfaces. Our clients kept asking for an easier way to get data into and out of their systems. In response, TEC created TECnet, which interfaces with legal and collection agency software and allows our clients to seamlessly and securely exchange data with their clients and service providers, its like a universal interface”, said Tom Sweat President of TEC Services Group. “We are extremely proud to announce that TARGUSInfo is now integrated into TECnet and their unique data solutions are available immediately to all our TECnet clients. 

TEC Services Group Inc. today announced eight new members to its TECnet Network

Sarasota, Florida - June 21, 2011 - TEC announces eight new data and scoring service providers have joined TECnet, a network thatenables service providers and collection organizations to seamlessly exchange and integrate data.

TECnet enables collection agencies and law firms to gain immediate access to data and scoring service providers through a single integration network. TECnet eliminates the expense and complexity of maintaining multiple custom interfaces andautomates the exchange of data necessary for the efficient collection and recovery of debt.TECnet enables service providers to use one standard interface to exchange data with any client collection system.

“The TECnet Network is changing the way credit and collections accesses external data,” says Wendi Burkhardt, TruNorth President & COO.“This is an industry that relies heavily on the ability of all parties across the entire value chain to share data.Doing so has historically been a challenge, resulting in inefficiencies and higher costs.The TECnet Network gives the industry “plug-and-play” data exchange compatibility, which allows our clients easier access to our services regardless of the collection system in use.”

TEC Analytical Services provides skip trace evaluations to help organizations keep up with the latest skip trace tools and best practices to boost recoveries.  Efficiently and effectively locating individuals in a market and society that is constantly in flux is challenging for debt collections organizations of any size. 

Sarasota, Florida -- April 26, 2010 – TEC Analytical Services, a division of TEC Services Group, announced today that it now provides independent skip trace evaluations for debt collection organizations looking to increase recoveries at the lowest cost.  Skip tracing is a moving target and TEC Analytical Services’ skip trace evaluations are a quicker way to improve processes and performance by layering in the best vendor tools and strategies to locate more debtors.

TEC Analytical Services’ team of subject matter experts (SME’s) conducts evaluations that include a comprehensive analysis of the following:  vendors pricing and spend, data vendors and tools, search techniques, client and portfolio specific treatment strategies, workflow and goals.  TEC provides recommendations to implement vendor tools and techniques, locate more debtors, improve operational efficiencies through automation and more tailored skip trace strategies, leverage your vendors knowledge of best practices, get more out of your vendor testing and track and measure key performance indicators (KPI’s.)  TEC provides the option to help implement its recommendations.

Sarasota, Florida, March 12, 2010 - TEC Services Group, Inc. today announced the launch of TEC Analytics, to complement its Professional Services and Strategic Services divisions.  Since 1998, TEC Services Group has provided operations and technology consulting to collection agencies and credit grantors.  TEC Analytics expands this focus beyond leveraging technology and best practices to making better use of data to enhance collection results and efficiencies.

“Today, profitable debt collection is all about efficiencies.  In this economic environment, no one can afford to spend precious financial or human resources for little or no return,” says Tom Sweat, TEC Services Group President.  “Because debt collection is a data driven process, agencies have to be savvy about what data they use, how they use it, and what they spend for it.  That’s where TEC Analytics comes in,” said Sweat.

TEC Analytics will help mid-size to large collection agencies and credit grantors leverage the data and technology solutions they already have and more cost effectively use they data they buy for increased ROI.  For example, TEC Analytics will integrate skip-tracing resources into a customized, champion/challenger-driven waterfall that enables collection organizations to better measure results and vendor effectiveness.  In doing so, TEC Analytics will leverage the data exchange and workflow management capabilities of its long-time strategic partner DataRose.

Fairfax, VA, October 21, 2009 – CR Software LLC, the leading financial software solutions provider to collections entities, announces today with TEC Services Group, Inc. a partnership whereby CR Software can leverage TEC Services Group’s skills and expertise within the credit/collections space to benefit CR Software’s Platinum user base.

 “TEC Services Group is very excited about this partnership with CR Software and the opportunity to provide best in breed Professional Services to our mutual Accounts Receivable clients.” said Wendell Etheridge, Executive Vice President of TECsg.  “The Credit and Collection industry continues to focus on strategies that drive effectiveness and to collect more with less.  We know collections and what it takes to make a living as a collector – and that’s why TECsg has been so effective at helping collection organizations improve efficiencies through operational and technological means.”

“TECsg’s capabilities and tremendous track record in the collections industry are a great addition to CR Software,” said Edz Sturans, President of CR Software, LLC. “We are glad to be able to offer our clients TECsg’s effective services which will increase their functionality and help them grow stronger at the same time.”

Nokomis, FL, April 1, 2009: Comtech Systems Inc. and TEC Services Group announce their recently formed Strategic Partnership. Comtech will be looking to TECsg to help provide new and expanded consulting services to their Collect! Software Solution Clients. These services can be delivered remotely or on-site. 

Comtech Systems Inc. is built around providing solutions that meets the evolving needs of their clients. Comtech is skilled in technology delivery and making often  complicated technologies seem simple to the end user. “Here at Comtech we know how important technology can be to the success of a business. We use the flexibility of our own solution to run our business, so it has to work.” said Neal Cropper, CEO of Comtech Systems Inc. 

TEC Services Group is a company built around people who are not only highly skilled within their area of expertise but are also collection industry professionals. “We know collections and what it takes to earn a living as a collector. That’s why we are so effective at helping collection agencies improve efficiencies through operational and technological means” said Tom Sweat, President of TECsg.

As part of the strategic partnership, TECsg has a designated team that is quickly becoming experts on Comtech’s software solution, Collect!. The team says that it looks forward to helping Comtech customers by implementing collection strategies in Collect! as it has done for other agencies on other systems over the years. 

Wendell Etheridge, Executive Vice President of TECsg, said “For as long as we can remember it has been a goal of all businesses to do things efficiently. But now, in our current economic times, it is not just a nicety. It is a necessity. Collection Agencies must do more with less and they must do it better, smarter and faster.” TECsg’s experience and the Collect! Software solution provides them with what they need to help agencies accomplish what Etheridge points out as critical to their prosperity.

Nokomis, FL, August 13, 2007: TEC Services Group, Inc., headquartered in Nokomis, Florida, recently announced J. Douglas Gregg will join the firm as its Chief Strategy Officer effective September 1, 2007. Gregg will be responsible for the firmís strategic direction related to sales, marketing, branding, packaging and pricing. He also will serve as a general business consultant in strategic planning, staff development, sales and marketing.