PIC Solutions Scorecard Enhances Damelin`s Business Decisions
Released on = November 29, 2006, 9:16 pm
Press Release Author = PIC Solutions
Industry = Financial
Press Release Summary = Damelin (Pty) Limited, one of South Africa's leading providers of education, has selected PIC Solutions to develop an application scorecard to enhance their applications processing environment.
Press Release Body = Cape Town, 30 November 2006 - Damelin (Pty) Limited, one of South Africa's leading providers of education, has selected PIC Solutions to develop an application scorecard to enhance their applications processing environment.
With over 40 campuses countrywide, Damelin's key focus is to provide innovative training that is applicable to an ever-changing South African market. As a result, PIC Solutions will develop an application scorecard to assist Damelin to meet these objectives and improve their profitability through the selection of the Damelin debtor portfolio.
During this turnkey analytical project, PIC Solutions predictive modelling team will work closely with Damelin to ensure the successful implementation of the new scorecard. In addition, PIC Solutions will provide essential credit risk training and consulting support to enhance the organisation's applications policies and procedures.
Alida Potgieter, National Credit Manager at Damelin, comments "PIC Solutions has extensive experience in developing scoring solutions that will not only improve our bottom-line results but also our business decisions. We look forward to implementing this application scorecard to maximise our debtor's portfolio and effectively enhance our applications processing environment."
Eva Neves, Analytics Manager at PIC Solutions, adds, "It is vital for organisations to select the right credit scoring tool that will drive improved application decisions and significantly reduce their exposure. PIC Solutions is committed to providing innovative credit risk solutions that meet the changing needs of all credit organisations. This application scorecard will assist Damelin in their quest to effectively manage the risk of their portfolio and provide a framework for the structured growth of their customer base."
About PIC Solutions PIC Solutions provides consumer credit solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and software and have an established track record of success powered by solutions.
Our ongoing commitment is to enable clients to optimise the credit life cycle.
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