RevQ?s Revenue Results 3.0 Features Enhanced Automation to Simplify Management and Processes of Accounts Receivables

RevQ, a software and consulting company providing technology for revenue recovery to the government sector, today announced the launch of Revenue Results 3.0, the latest version of its debt collection software designed specifically for courts, taxation and other government entities.

Revenue Results 3.0 includes powerful new features such as:

• Payment Plan Updates which provides the ability to edit payment date and amount in the middle of the payment plan as well as automatically add fees to accounts each time a payment is made;

• Ability to Pay Module allowing collectors and debtors to work through an income and expense process to determine the person?s ability to pay their debt;

• Electronic Attachments to attach key information such as pictures and documents to the debtor and the account;

• FTB/COD Module to support California?s Franchise Tax Board?s (FTB) Court Ordered Debt (COD) program by which the counties send their court ordered debt to the state for collections. The module handles the electronic interfaces between Revenue Results and the state of California; and

• Import File Enhancements which provides the ability to send adjustments, fix file formats, and set default account types.

?We strive to help our government clients stay ahead of the market by continuously improving and expanding our offerings that will help them be as effective and efficient as possible with collections,? said Craig Nielson, vice president of sales and marketing, RevQ. ?We believe our new enhancements will provide increased flexibility and options for our clients to make their jobs easier, and help them accomplish tasks much faster.?

Revenue Results is designed to automate the many manual tasks in the debt collection lifecycle to increase productivity and reduce unnecessary time spent on tracking, management and follow-up. Revenue Results is available as a standalone installation or as an ASP model accessed through the Internet. 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.