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ReCo's Progress: Transforming Municipal Financial Solutions

ReCo, a prominent provider of innovative revenue collection solutions for municipalities, has recently celebrated its third anniversary under the umbrella of 100GROUP. Over the past year, the company has achieved remarkable success, emphasizing its commitment to enhancing the financial landscape for various government agencies across the nation. This growth journey has been propelled by leveraging the advanced financial technology that 100GROUP offers.

Significant Advancements in 2024

As part of its strategy to provide comprehensive revenue management solutions, ReCo has made notable strides that showcase its dedication to innovation. Here are some of the key developments that have defined ReCo’s third year:

1. Integration with CAMS: ReCo has successfully integrated its payment processing system with CAMS (Collegiate Administrative Management System), facilitating smoother tuition and fee transactions for higher education institutions. This integration empowers colleges and universities to streamline their operations, offering them a flexible and cost-effective method for handling payments.

2. Partnership with the County Auditors' Association of Ohio (CAAO): By becoming a Platinum Partner, ReCo has enhanced its presence in Ohio’s municipal revenue management sector. This partnership allows ReCo to engage closely with key decision-makers, further establishing its reputation as a leader in the revenue collection domain.

3. Expanded Service Offerings: ReCo has broadened its portfolio beyond traditional payment processing, now incorporating features that aid licensing, permitting, and other municipal functionalities. This all-in-one platform offers local governments the ability to manage a wider range of services efficiently.

4. Flexible Payment Options: A new suite of payment acceptance options has been introduced, allowing municipalities to offer blind payments, integrate multi-channel transactions, and collaborate across various departments.

5. Enhanced ReCo Anywhere Cloud Solution: The upcoming version, ReCo Anywhere V2, promises an improved user interface and additional functionalities that aim to increase operational efficiency for municipalities.

Pioneering Efficiency and Cost Savings

ReCo has consistently focused on creating more efficient financial solutions for municipalities. The company's advancements have resulted in streamlined revenue collection processes, reducing administrative workloads, and improving accessibility for both government employees and taxpayers.

CEO Jeff Brodsly of 100GROUP stated, "The continuous growth and innovation at ReCo reflect the synergies between our teams. Our aim is to provide municipalities with state-of-the-art financial technology that enhances efficiency and guarantees cost savings."

Gary Norton, President of ReCo, also affirmed the company’s trajectory, emphasizing their commitment to understanding the needs of municipalities. “This understanding has been the cornerstone of our platform’s evolution, enabling us to assist local governments in improving their operational efficiency and community services.”

Looking Towards the Future

Entering its fourth year with 100GROUP, ReCo is eager to enhance its service offerings further and adapt to the changing landscape of municipal needs. With the unwavering support of 100GROUP, ReCo is poised to remain at the forefront of the industry, ensuring local governments across the United States have access to the most secure, efficient, and innovative revenue collection solutions available.

For nearly three decades, ReCo has been the leader in providing cutting-edge technology solutions designed to assist municipalities in enhancing their services and reducing costs. Their extensive offerings include cashiering, bill payments, financial interfaces, and a myriad of services that address their clients', the municipalities', diverse needs.

For additional insights and information on ReCo’s offerings, visit www.recoanywhere.com.