Ontario Systems Announces Rebrand and Name Change to Finvi

New brand supports the company’s strategy to deliver intelligent workflow solutions with a fintech mindset   BURLINGTON, Mass. (Oct. 4, 2021) – Ontario Systems, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and remove friction from the payments process for clients in the accounts receivable management (ARM), healthcare, and government…

Read More

Agency Sees 5x Increase in Collections Within 60 Days of Incorporating Ontario Systems’ New Pairity® AI in Its Workflow

Collection agency AmSher was working a client portfolio with nearly half the accounts unscored. The agency had no good way to segment these accounts so its team could maximize their efforts and collect more revenue. Everything changed with Pairity, Finvi’s AI offering. Once Pairity was injected into AmSher’s workflow, the team could adjust their scoring…

Read More

Ontario Systems Acquires Katabat to Further Expand its Industry-Leading Collections Footprint

Two of the most respected accounts receivable technology companies come together to offer broadened capabilities and expand presence into new markets   BURLINGTON, Mass. (Aug 23, 2021) – Ontario Systems, a leading provider of enterprise workflow automation software – which accelerates revenue recovery and removes friction from the payments process for clients in the accounts receivable management…

Read More

Ontario Systems Partners with RevSpring to Offer a Digital Financial Engagement Solution

New integrated digital tools to enable streamlined workflows for ARM clients   BURLINGTON, Mass. (July 28, 2021) – Ontario Systems, a leading provider of enterprise software that automates complex workflows, accelerates revenue recovery, and removes friction from the payments process for clients in the accounts receivable management (ARM), healthcare, and government markets, today announced a strategic partnership with RevSpring,…

Read More

Your 6-Step Guide to Collecting Paper Free Under Regulation F

One of the most challenging sections of Regulation F (also referred to as the CFPB new rules for debt collection) is Section 1006.42 regarding required disclosures. This section details how disclosures required under the Fair Debt Collection Practices Act (FDCPA) and Regulation F must be provided to consumers as part of the debt collection process. Essentially, this…

Read More

With Finvi Payments Solution, Agency Sees 2x Faster Funding, Surging Productivity, and No More Underwriting

Since joining Accelerated Receivables Solutions (ARS) in 2004, CFO Alan DeHaven had worked with a variety of payment processing vendors. He was accustomed to multiday funding delays, cumbersome underwriting, and other burdens and complexities associated with multivendor payment processing. Then DeHaven switched to the Finvi Payment Solution and saw big changes right away. Implementation was…

Read More

Dynamic Scoring Using ‘Explainable’ AI in Accounts Receivable: How Could Your Agency Benefit?

You’ve heard AI can improve collections workflow. But not all AI machine learning technologies for the accounts receivable management (ARM) industry are alike. There’s AI in accounts receivable, and then there’s dynamic scoring using “explainable” AI (xAI)—a true industry breakthrough. Unlike static account scoring that updates only periodically, dynamic scoring draws upon a wide array…

Read More

Facebook, Inc. v. Duguid: What Does It Mean for Your Dialer and Express Consent?

Unless you completely disconnected from the internet this week, you’ve likely been inundated with dozens of blogs about the U.S. Supreme Court’s 9-0 holding in Facebook, Inc. v. Duguid, 19-511 Facebook, Inc. v. Duguid (04/01/2021) (supremecourt.gov). In this case, the U.S. Supreme Court held: To qualify as an “automatic telephone dialing system” under the Telephone Consumer Protection…

Read More