Apollo said that TrueCollect technology is protected by 13 US and international patents pending, and several more patents are being applied for in the US and other countries. Apollo claimed that TrueCollect allows creditors to recover delinquent debts efficiently compared to other solutions in the market.
Joseph Konowiecki, chairman and CEO of Apollo, said: “Certain prospective clients have told us that they love our technology but would prefer fewer features at a lesser overall cost. In essence, they want to walk before they run, and justify their initial investment over a shorter timeframe. We listened and have given them TrueCollect Express.
California-based Apollo is a provider of web-based solutions to creditors for debtor self-payment and self-settlement.