Latitude Software Sustaining Growth in Collection Market

Latitude Software, a leading provider of collection and recovery software and services, announced today it has achieved another year of explosive growth. For the fifth consecutive year, revenue has grown by more than 25 percent. 

“Our company has now become a significant player in the collection software market,” said Carl Harkleroad, president and CEO, Latitude Software. “Debt buyers, ARM companies and credit grantors looking for state-of-the-art software solutions are looking and selecting the Latitude solution in unprecedented numbers. Companies that continue to use older technology will be passed over by those that have the vision to use current technology. Latitude is current technology.”

In today’s environment of shrinking margins and continued pressures for stronger reporting, security, privacy and results, more and more companies are choosing Latitude Software to help reduce operating costs.

“Latitude Software has made a serious impact to companies that have purchased Latitude products,” said David Herman, vice president of sales, Latitude Software. “We are set apart from other vendors by the reduced cost of ownership and the open Microsoft technology used in the development of the Latitude product suite.”