D&B Receivable Management Services (D&B RMS) with offices in the United States, Canada, Mexico and Hong Kong, and Intrum Justitia, with operations in 21 European countries, signed an exclusive multi-year strategic alliance to provide accounts receivable management services for each other’s customers on a global scale.
Initially, D&B RMS and Intrum Justitia will provide reciprocal cross-border servicing and customer service. This will enable D&B RMS’ customers to have their European accounts handled by Intrum Justitia. In turn, Intrum Justitia’s customers with U.S., Canada, Mexico and Hong Kong receivables will benefit by having them handled by D&B RMS. Over time the two companies expect to offer further products and services.
“D&B RMS and Intrum Justitia are a natural fit-two world-class organizations with complimentary products, services and geographical synergies,” said David Huebner, President & CEO, D&B Receivable Management Services. “This represents a tremendous value proposition for our customers, providing best in class receivable management services virtually anywhere in the world.”
Bertil Persson, Acting CEO of Intrum Justitia, added: “We are pleased our alliance with D&B Receivable Management Services will provide Intrum Justitia’s clients expert receivable management services and strong results on a global scale. In addition to receivable management services, both companies have committed to cooperating in product development and marketing initiatives.”
D&B Receivable Management Services
D&B Receivable Management Services, headquartered in Bethlehem, Pennsylvania with operations in the United States, Canada, Mexico and Hong Kong, is a leading global supplier of receivable management services. D&B RMS provides customers a continuum of services from electronic bill presentment, receivable outsourcing, traditional collections, bankruptcy services, and deductions management. The company operates under a strategic alliance with D&B. For more information about D&B Receivable Management Services, visit www.dbrms.com.
Intrum Justitia
Intrum Justitia is Europe’s number one receivables management services group. The Group has revenues of over SEK 2.3 billion and has about 2,600 employees in 21 European countries. Intrum Justitia’s objective is to be a leading provider of RMS in Europe through excellence in local client care, ledger administration and debt collection and by measurably improving clients’ cash flow and long-term profitability. The Group offers efficient high quality management of commercial and consumer receivables in all phases in the receivable management services process. Intrum Justitia has a growth strategy and aims to take active part in consolidating its industry. Intrum Justitia is listed on Stockholmsbörsen, the Stockholm Exchange, ticker IJ. For more information, please visit www.Intrum.com.