Financial Asset Management Systems, Inc. (FAMS)

Financial Asset Management Systems, Inc. (FAMS) is a pioneering Account Recovery Solutions provider founded in 1993 in the United States. FAMS has established itself as an industry leader by implementing a robust, multi-tiered approach to loss prevention, account rehabilitation, and revenue recovery. The company prides itself on its exceptional track record and compliance in the Accounts Receivable industry, as evidenced by its superior BBB rating. At FAMS, the focus is on empowering its agents to serve as debt counselors rather than mere collectors, demonstrating their commitment to fair and effective debt resolution. FAMS distinguishes itself by prioritizing the relationship between businesses and account-holders. The company's emphasis on preserving this relationship is reflected in its dedication to achieving results while safeguarding the reputation of the business. FAMS addresses the challenge of account delinquency by providing innovative solutions that reduce barriers to payment. This is accomplished through the utilization of multichannel communication and diverse payment options for account-holders, leveraging mobile-friendly technology and email on dedicated web portals. In today's business landscape, even minor delinquencies can have a significant impact on revenue. FAMS recognizes this challenge and offers comprehensive strategies to mitigate its effects. With its unwavering commitment to excellence and a people-centric approach, FAMS stands at the forefront of the Financial Services industry, demonstrating substantial potential for growth and long-term success.