Bensalem, 19020, PA,
United States
Monarch Recovery Management Technographics
Discover the latest software purchases and digital transformation initiatives being undertaken by Monarch Recovery Management and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 1100 Monarch Recovery Management employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Monarch Recovery Management has purchased the following applications: Experian FirstSweep for Governance, Risk and Compliance in 2013 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Monarch Recovery Management is running and its propensity to invest more and deepen its relationship with Experian or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Monarch Recovery Management revenues, which have grown to $275.0 million in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Monarch Recovery Management intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Experian | Legacy | Experian FirstSweep | Governance, Risk and Compliance | TRM | n/a | 2013 | 2013 |
In 2013, Monarch Recovery Management implemented Experian FirstSweep to streamline collections workflow and reduce regulatory risk in its accounts receivable operations. The deployment targeted collections and compliance processes across its United States operations and aligns with the Governance, Risk and Compliance category.
Experian FirstSweep was configured to provide screening for bankruptcy, deceased, military and litigious statuses, with those screening capabilities embedded into routine collections checks. Configuration emphasized automated status screening and rules based gating to surface high risk accounts and prevent noncompliant contact attempts.
Operational scope concentrated on accounts receivable, collections and compliance teams, with FirstSweep used during account intake and ongoing remediation workflows across Monarch Recovery Management US operations. The implementation centralized status screening within collections workflow to create a single point of verification for regulatory-sensitive account handling.
Governance and process changes formalized screening checkpoints and established escalation paths for flagged accounts to compliance reviewers, supporting reduced regulatory exposure. Improved screening for bankruptcy, deceased, military and litigious statuses delivered greater operational efficiency and risk mitigation as reported by Monarch Recovery Management.
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