PIC Solutions Launches Enhanced CollectSmart 4(point)0

Released on: October 28, 2008, 12:27 am

Press Release Author: PIC Solutions

Industry: Financial

Press Release Summary: Cape Town, 28 October 2008 - PIC Solutions, the leading
specialist credit risk solutions company in the EMEA region, has launched the latest
version of its renowned collections system, CollectSmart.

Press Release Body: CollectSmart, formerly known as PCS, is a powerful, modular,
enterprise-wide collections solution that combines industry best practices and
leading edge functionality into a single comprehensive collections system with an
intuitive collector interface. Blue-chip organisations already taking advantage of
the CollectSmart solution include Nedbank, RCS Personal Finance and CMS group.

Building on CollectSmart's established track record and user base, the latest
release has been enhanced to provide increased functional flexibility. This
flexibility in turn delivers greater operational control to organisations by
enabling companies to effectively manage the assignment of collection queues and
teams.

Furthermore, the improved strategy management capability of CollectSmart version 4.0
enables the quick revision of collections strategies in order to speedily respond to
variable market conditions. This new release also incorporates an additional level
of segmentation to facilitate reporting on multiple credit books within one
organisation.

CollectSmart users are now also empowered by the enhanced extensibility of the
system through such new features as the ability to view custom data loaded from
internal or external sources.

CollectSmart enables organisations to automatically segment accounts and apply
appropriate strategies, with champion/challenger testing, and assign specific
collector actions. In addition, users are able to manage appropriate customer
interactions through the use of collections scripts.

Johan van Zyl, Practice Lead of PIC Solutions, states, "CollectSmart has a proven
track record of improving recoveries whilst reducing collections costs.
Improvements to the flexibility, extensibility and management of the CollectSmart
solution deliver faster return on investment for implementations. In addition, PIC
Solutions continues to develop and evolve CollectSmart to meet client requirements
and keep abreast of technology developments so that it remains a key tool at the
forefront of the credit industry."

About Us
PIC Solutions is the leading specialist credit risk solutions company in the EMEA
region. With offices in Cape Town, Dubai, Johannesburg, Manama and Nairobi, we
deliver integrated analytics, consulting and software solutions to over 150
companies in 30+ countries. We work worldwide with organisations to improve
performance, drive strategies and enhance profitability. Analytics | Consulting |
Software

Cape Town | Dubai | Johannesburg | Manama | Nairobi www.PICSolutions.com


PIC Solutions - Cape Town
P.O. Box 2455
Cape Town 8000, South Africa
Tel: +27 (0)21 680 6000
Fax: +27 (0)21 680 6003

Email: Info@PICSolutions.com
Web: www.PICSolutions.com


Web Site: http://www.picsolutions.com

Contact Details: PIC Solutions - Cape Town
P.O. Box 2455
Cape Town 8000, South Africa
Tel: +27 (0)21 680 6000
Fax: +27 (0)21 680 6003

Email: Info@PICSolutions.com
Web: www.PICSolutions.com

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