Abstract: The present invention is an improved system for providing a single source system for efficiently managing the collection, tracking, reporting, and fund remittance functions of debt recovery activity between credit grantors and collection agencies. The system is provided with a central server that is networked with various credit grantor and collection agency-operated interfaces to provide improved efficiency and monitoring of the collection process. The server is programmed to format and “scrub” incoming accounts from credit grantors prior to “scoring” the same on proprietary scoring models. This allows the server to select the most appropriate collection agency for each particular account. Once the agency works the file and collects funds from the debtor, the funds are routed through the system to the credit grantor. Throughout the collection process credit grantors and collection agencies are able to monitor, audit, and update the status of each account.