B Frame Data Systems Incorporated

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Description

BFrame Data Systems was incorporated in Georgia in June of 1990. The company began by providing consulting services to First Financial Management in the transition of DATAMATX to FFMC’s data center. The following summer the company wrote the core BFrame Recovery System to support Account Portfolios’s acquisition of troubled student loan assets from the government.

BFrame is committed to providing fast, accurate and professional technical service in support of BFrame software solutions. We have a dedicated staff of engineers who work together as a team to provide expert technical assistance for clients, from initial development through production. We are dedicated to helping you achieve your business objectives and maintain your competitive edge by providing the highest quality product support.

Who developed the BFrame Recovery Management System? The BFrame Recovery Management System was developed and is marketed, sold, serviced and supported by BFrame Data Systems, Inc., a privately held software development company based in Duluth, GA. The company was formed in June 1991 to provide consulting and software conversions to move mainframe processing techniques to the more cost effective server processing platform while maintaining past investments in software development. One of the first BFrame Data clients needed a reasonably priced solution for processing collection accounts. The BFrame system was developed for their use and during the past 15 years has been continually enhanced, modified and strengthened as BFrame became a major player in the recovery management software sector for agencies, debt buyers and financial institutions.

DULUTH, Georgia, August 1, 2013 — BFrame Data Systems Inc., a key solution provider in the collection and recovery software marketplace, today introduced a new and innovative software solution to identify, manage and remediate compliance violations of call center employees. The fully-integrated BFrame module is based on adaptive software from Atlanta-based Learn.net, a software development company focused on learning technologies for large enterprises. With increasing regulatory oversight of the collection industry by the two-year old Consumer Financial Protection Bureau (“CFPB”), and mounting pressure from litigious consumers targeting collectors, collection bureaus are re-evaluating their practices to ensure that they can protect themselves when challenged in an audit, or in court. While it used to be adequate to tell the FTC what one was doing from a compliance perspective, today’s challenging environment demands that bureaus have demonstrable proof showing what they have done to make sure that their collectors are knowledgeable about, and fully compliant with, any federal and state regulations that govern the industry.

About BFrame Founded in 1990, BFrame is a leading provider of collections and accounts receivable management software for collection agencies, debt buyers and credit grantors. The BFrame Recovery Management System is rock-solid hosted or licensed software that is easy to implement, easy to use and easy to pay for. Its feature-rich browser interface provides a powerful, flexible and user-friendly front-end to an industrial strength debt collection and recovery management system. System modules include collections, recovery, agency management, buy/sell management and SQL query tools.

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