All successful collection models are a function of experienced, robust, customer friendly and fair or principled management practices, supported by a result oriented team of dedicated executives. Financial Assets Management Systems Inc. is also aided by a support team of industry veterans who breathe the mantra that the customer is king. Financial Asset Management Systems Inc was founded in 1993 and is headquartered in Atlanta, GA. FAMS provides 1st and 3rd party collection services, collection and skip tracing, default prevention and pre-subrogation plans to help borrowers with a last ditch chance to repay their defaulted loans. For this end, it operates call centers in Georgia and Missouri metropolitan areas, giving them convenient access to all time zones across the US. Each center has 300 seats with provisions for increasing the full time equivalents whenever the need arises to scale up operations. The loans’ collection system works on a customized mechanism to boost success. The call centers at all the locations can work across many client directories at the same time, thus employing dual center client strategies to maximize productivity.
The President and CEO Jerry Hogan had joined Financial Asset Management Systems Inc in 2003 as VP-Operations. FAMS has a formidable presence in the area of recoveries and has been a strong performer for clients for its five selected areas of education, financial services, and healthcare and telecommunications/media markets. FAMS was awarded with small scale contracts by the Department of Education enabling it to focus on infrastructure, organization and culture across its multiple call centers to strengthen its loan collection efforts. FAMS also aids government collections as on the State Tax Executions. It also helps customize billing systems for healthcare services across the US. It also has small tailored and objective programs suitable for the telecommunications and media industry FAMS promises reliability, mutual respect, the best possible results and committed service to clients. FAMS is totally capable of earning top billing from each client as far as its services are concerned.
Being an industry leader, FAMS is compliant with the guidelines of the credit and collections organization. For example, as a member of the Association of Credit and Collection Professionals, FAMS is currently active in government and healthcare services. It is also a part of Coalition of Higher Education Assistance Organizations (COHEAO) whose function can be inferred by its very name. It is also a member of NACUBO (National Association of College and University Business Officers). Through this it serves 2500 chief administrative and financial officers at higher education service providers across the country. It also serves as a member of NCHELP (National Council of Higher Education Help Programs).