TekCollect Offers Propane Dealers Automated Accounts Receivable Management through FuelPak

Online, December 21, 2009 (Newswire.com) - TekCollect, one of the nation's largest accounts receivable management firms, has partnered with Vertrax to offer fully automated debt collection services to propane dealers nationwide through FuelPak software.

FuelPak was recently acquired by Vertrax, a delivery management solution provider for the retail petroleum industry. The program is currently used by dealers for accounting, database management, and other fundamental business operations.

By integrating their systems with FuelPak, Tek Collect can now provide every user with the added advantage of automated collection services. They get convenient, accurate, up-to-the-minute accounts receivable management services and no additional software or equipment is required.

"FuelPak users can place accounts for collection, update customer profiles, reconcile accounts and more, and it's all updated in our system simultaneously," said TekCollect's Vice President of Information Technology, David Hughes. "It's an incredible efficiency in terms of time and resources. It allows us to truly serve as an extension of a company's internal staff. And it initiates collection services quickly to generate optimal results."

This gain will allow Tek Collect to further position itself as one of the premier providers of debt collection services in the industry today, as they seek to grow a customer base that already includes more than 12,000 businesses nationwide.

TekCollect's Senior Vice President Pam Nast added, "Accounts receivable management and positive cash flow is critical to the success of any business, but particularly during this volatile economic time. Through FuelPak, Vertrax can give their propane clients an important value-add. And Tek Collect can seamlessly provide outstanding services to businesses in need."

For more information on TekCollect's accounts receivable management programs, visit www.tekcollect.com.

About TekCollect:

TekCollect provides accounts receivable management, debt collection services and customer retention solutions to more than 12,000 businesses nationwide. The company partners with business owners to optimize their internal accounting, limit and control delinquencies, and improve positive cash flow. TekCollect's technologically advanced approach and non-alienating collection strategies generate the highest recovery ratios among collection agencies in the industry.

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