PROVO, Utah -- August 5, 2003 -- Dynix, the world's leading provider of library technologies, announced today the availability of Horizon Debt Collect 2.0 for both Horizon and Dynix ILS customers. Dynix has also relaunched its relationship with Unique Management Services, the sole-source provider of automated recovery solutions for Horizon Debt Collect customers.
With its Java-based functionality and graphical interface, Horizon Debt Collect 2.0 is highly customizable and can be configured to match a library's specific debt collection policies. It provides powerful reporting capabilities to track delinquent users and automatically provides updates to Unique Management Services for further attention. Libraries using Horizon Debt Collect in conjunction with Unique Management Services have reported a recovery rate of at least 50 percent for overdue fines and materials.
"Our Horizon Debt Collect system works great and makes us more efficient. It's hands-off and we haven't had problems with wrong reports or duplication," said Ginger Olsen, head of circulation and automation system administrator at Rochester Hills Public Library (Rochester, MI). "Since we began working with Unique Management in 1996, our recovery rate has been about 90 percent."
Through a renewed partnership, Dynix and Unique Management will provide customers with a risk-free, 90-day trial of Horizon Debt Collect, allowing them to customize and implement the product within their organization. The trial period will enable libraries to experience the benefits of the product before making a commitment to purchase.
"Our strategic partnership reflects the commitment of both companies to work together for an effective and affordable solution to help mutual clients recover overdue materials," said Lyle Stucki, president of Unique Management. "The combined no-risk, 90-day trial from both Dynix and Unique Management Services allows libraries to reach their own level of comfort with the process and results before making a commitment to purchase. Experience has demonstrated a return on investment of about $4 to $7 for every $1 spent."
"Our work with Unique Management has resulted in the best product for debt recovery available to libraries," said Dynix President and CEO Jack Blount. "With library budgets as tight as they are, Horizon Debt Collect 2.0 is an obvious way for libraries to offset operating expenses, providing a return on investment that would be enviable within any organization or business."
In addition to providing a return on investment of up to 700 percent, the Horizon Debt Collect recovery system greatly reduces the cost of internal procedures by automating the collection process. Its impact on staff is minimal, allowing librarians and clerks to focus on serving patron needs.
About Unique Management
With more than 520 library clients across the United States and Canada, Unique Management Services provides collection solutions that allow libraries to compile and transmit account information automatically with minimal day-to-day staff involvement. As the leading material-recovery service for libraries in North America, Unique Management Services builds its reputation on effective and flexible services, accuracy, innovation, creative use of technology, the highest professional and ethical standards, and competitive pricing. The company's Web site is found at www.unique-mgmt.com>.
Celebrating its twentieth year of service to the library community, Dynix is the world's pioneer provider of library information management systems. As a committed advocate of the library community, Dynix serves academic, special, school, public, and consortium libraries in over 40 countries. With more than 100 professional librarians on staff and proven experience in software leadership, Dynix is focused on providing customers visionary technology solutions that support the latest industry standards and offer intuitive functionality. For complete corporate information and a guide to Dynix products and services, visit www.dynix.com.