Infinity Collection System Hits the Market

Infinity Collection System has recently become available to the accounts receivable management market and has made an impact with two major licensing deals in the past 12 months. This will bring the total agency users to 3, with an installed user base of approximately 500.

Infinity Collection System is a good strategic fit for the mid-size to large collection agency. The software has all the traditional elements of large enterprise packages, in addition to some non-traditional features designed to improve the collection rate while lowering the cost of the overall software to the agency owner.

Infinity Collection System was conceptualized by Ken Rubin, Principal of Bonded Collection Corporation, who entered the accounts receivable management industry after spending several years working for a large technology company located in Silicon Valley. “My idea is to change the business model in the software side of this industry,” says Mr. Rubin. He goes on to say, “There is a need to continue to enhance the tools available to collection agencies to focus on targeting debtors that will likely pay, in an efficient manner. There are a lot of neat companies doing some really cool things in that space; however when it comes to core software, the amount of money agencies have to spend each year have outlived the traditional technology cost curves.”

To this end, Infinity Collection System is licensed as a base collection platform for a one-time fee. The agreements entered to date do not restrict the agency from adding additional users, capabilities, business rules, etc. Sharing of code changes amongst users, where practical, keeps the system fresh. Mr. Rubin characterizes that arrangement as “the idea is to treat this core piece of equipment as a co-operative arrangement…sort of like what is seen with Linux, or other open-source software. Agencies are not tied to the original developer’s roadmap or ideas.”

Infinity Collection System was developed using open-source version of sequel and runs in a Linux environment. It was written in Java, which is also open source. Mr. Rubin quickly points out that “one of the users decided to run Infinity on Microsoft Sequel in a Microsoft environment, and it works completely fine. This really is a testament to the flexibility of the software and the extraordinary development of this program.”

Support is available for agencies that do not wish to continue developing the software themselves, but would rather have their ideas captured and programmed by folks that are comfortable working with Java.

“Both of our recent wins were against some of the most traditional and established software vendors for this industry, which from my perspective is a huge compliment,” Mr. Rubin adds.

For additional information call Ken Rubin at 312-279-8404 or visit the website at www.infinity-software.net.