Transworld Systems Commercial Division Signs Agreement with PEI to Provide Accounts Receivable Management Solutions to PEI Members
May 26, 2011 - St. Louis, MO - The Petroleum Equipment Institute (PEI) has announced Transworld Systems, a commercial collections services provider, as a new Affinity Partner. The partnership will allow PEI member companies priority access to Transworld's extensive experience in collections services and account receivable management solutions.
Transworld Systems' services include third party collections, skip tracing, credit scoring/reporting and litigation capabilities. The company is licensed in all 50 states.
"We are very excited about providing an industry-leading collections solution to PEI members," said Ken Eissing, Senior Vice President and General Manager, Transworld Systems Commercial Division. "We have a 40 year history and a proven track record of collecting for commercial and business-to-business clients."
"We are please that Transworld has become part of the PEI Affinity Partner program," said Robert Renkes, Executive Vice President and General Counsel for PEI. "We feel Transworld's collection services will be a great addition to the program and of use to many of our member companies."
Additional PEI Affinity Partners include: Chase Paymentech (credit card processing); YRC Transportation (shipping services); Monroe & Monroe, STICO Mutual and Rich & Cartmill (insurance services); and Combined Worksite Solutions (employee benefits).
About Transworld Systems Commercial Division
Transworld Systems Commercial Division, is a division of NCO, the leader in accounts receivable management and business process outsourcing, and provides commercial collections services for businesses in any industry. With 40 years of experience in collections, Transworld Systems Commercial Division works with clients of all sizes from sole proprietorship to Fortune 500 companies delivering results through a proven approach using sophisticated technology. For more information on Transworld Systems Commercial Division, please visit www.transworldcommercial.com.
About the Petroleum Equipment Institute (PEI)
Founded in 1951, PEI is comprised of more than 1,600 companies engaged in the manufacturing and distribution of equipment used in the fuel and energy handling industry. Members are located in 50 states and 81 countries. PEI is the leading authority and source of information for the fuel and energy handling equipment industry, and is committed to promoting the value of distributor services and improving the business relationships and practices of its members. The Institute is headquartered in Tulsa, Okla. For additional information on PEI or its membership, please contact Chris Bouldin or visit www.pei.org.