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MicroBilt Corp., a provider of credit bureau reporting, has released Online Collection Service at The site now offers both credit and collection services. "The online collections service is yet another tool for decreasing costs, increasing available time to develop new business and improve risk management," the company said. "Whether the customer has one account that needs collection or thousands, they can begin the process immediately, shortening the collection cycle with greater chances of full payment. "

According to MicroBilt, customers have the option of entering their collection accounts online, importing a file or sending hard copies to MicroBilt for manual upload. Once uploaded, customers can then manage their collection accounts online by verifying balances, monitoring account activity and reporting direct payments made by their customers. Fees are charged only when collection results are successful, the company reported. Uncollected balances are reported to the credit bureaus.

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