LexisNexis launches advanced phone and address search tool

LexisNexis Risk Solutions said Thursday it has launched an advanced search product that provides debt collectors with more accurate and up-to-date contact information on their debtors.

Contact Plus uses multiple data sources and proprietary analytics to return results that will allow customers to contact more debtors faster. Product testing has shown Contact Plus can locate more than 20 percent more debtors than LexisNexis traditional searches, and as much as 30 percent more than the closest competitor, company officials said.

“There is a constant need to optimize workflow and to speed up the collections process in order to have a positive impact on the bottom line,” said Robert Fite, vice president of market planning, Receivables Management. “Contact Plus provides enhanced debtor contact information with a single search.”

The Contact Plus search can return personal information, such as Social Security number, date of birth, age and gender, as well as links to additional skip trace information.

LexisNexis has about 3,400 employees and contractors in Miami Twp., which is the company’s biggest single concentration of employment.

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