Experian Rolls Out New Collections Product--Tallyman

Global information services provider Experian (Costa Mesa, Calif.) has launched Tallyman, a "next generation" collections management system for the North American market. The Tallyman system is designed to be more flexible and adaptable to today's markets, and allows users to manage their collections processes more efficiently.

Experian claims Tallyman users can expect cash collection metric improvements of up to 70 percent with operational cost reductions reaching 40 percent. In addition to maximizing collections recovery, Tallyman streamlines the internal process and minimizes the need for manual intervention, the company said in a release. Additionally, the system provides real-time feedback on collections team performance, resources and overall strategy effectiveness. The Tallyman work stream management system operates with real-time decisioning and enhanced user flexibility to accommodate the changing customer environment and operational business needs. This can result in better segmentation of the customer base in order to focus resources on the most profitable opportunities, according to Experian.

Tallyman is being offered as part of Experian's Collections suite of products.