Bedard Law Group and Provana Create New Compliance Paradigm

LAS VEGAS, Nev. — Provana,
provider of the industry’s first unified platform for compliance and
performance management, today announced collaboration with BedardLaw Group, P.C. (BLG), to bring 360-degree compliance to the Accounts Receivable
Management (ARM) market. The new solution combines BLG360 services with
Provana’s comprehensive compliance management suite. BLG360 is an on-demand
subscription service to BLG’s expert attorneys, while Provana’s GRC technology
platform is tailored specifically to CFPB requirements.

Announced at RMAi’s 25^th
Annual Conference in Las Vegas, the solution comes at a pivotal moment as the
ARM industry continues to grapple with Regulation F compliance. The only such combination available today, this new
offering provides an unbeatable and intelligent solution for managing policies,
audits, training, remediation, certification, complaints, and all aspects of
CFPB compliance.

John H. Bedard, Jr., Managing Partner of BLG, noted, “I have seen the use Provana’s products and services growing within our client base for many years. This is a perfect opportunity to deliver the unique value of BLG360 as part of greater service offering of sophisticated compliance management system software to more fully meet the needs of the modern debt collector.”.” 

“We are excited to work with
one of the preeminent compliance firms in ARM to enrich our compliance
management capabilities for customers,” said Sean Clark, Provana’s SVP of
Platforms. “Adding BLG360 as part of our compliance solutions provides a level
of intelligence and support unparalleled in ARM, enabling collection entities
drive higher revenues with less risk.”

To learn more about the
benefits Provana and BLG360, specifically in the context of Regulation F, register for the webinar, where the companies will share a complete overview
of new, foreclosure-specific solutions and services.

About Provana

Provana’s SaaS-based digital
operating platform is the first of its kind, giving leaders control over
process-intensive operations. We serve law firms, insurance companies, accounts
receivable agencies and networked enterprises in the US market that are tightly
regulated by the CFPB and other authorities. Built on decades of experience in
machine learning, natural language processing and business process management,
Provana helps customers manage sensitive interactions,
analyze unstructured data, process personal information, and ensure compliance.
Provana is backed by a NYC-based Fintech PE, most recently raising funds in
November 2020. Learn more at www.provana.com.

About BLG
Bedard Law Group, P.C. is a full-service
law firm serving the credit and the collection industries. Founded in 2009, the
firm delivers superior service, sound advice, and unparalleled value to all of its
clients. The firm’s services include Defense Litigation, Compliance Advice,
Collection Letter Review, On-Site Compliance Auditing, Nationwide Litigation
Management, General Corporate Counselling, Policies and Procedures and BLG
Insight Speech Analytics. To learn more about its suite of products and
services online at https://bedardlawgroup.com/.