Welcom Software, supplier of class leading solutions in consumer and commercial lending software, eCommerce, financial accounting and retail software has signed up RedKite Money to the managed hosted version of its leading loan management software solution Financier v7.06.

 

Based in Leeds and Watford, RedKite Money offers an extensive range of finance options including secured and unsecured consumer loans. Part of the wider RedKite Group, which includes subsidiaries RedKite Asset Management, RedKite Leisure and RedKite Search, RedKite Money sells direct to consumers and through brokers and intermediaries.

 

RedKite Money has been managing its loan book through Welcom Softwareâ??s Financier solution since the business was formed. A leading consumer and commercial lending software solution Financier has a proven track record in the finance industry and was developed in conjunction with some of the UK’s key financial services organisations. Managing the entire loan lifecycle from quotes and applications to payment collections and settlements, Financier makes the process of applying for a loan and ongoing management more efficient.

 

Delivering the flexibility and scalability required by RedKite Money, the implementation of the managed hosting version of Financier v7.06. will provide the core lending engine to manage all loans for the business with the system accessible from any location. This managed hosting solution relieves RedKite Money of responsibility for servers, management, applying updates, data security, firewalls and data back-ups whilst helping to streamline business processes, enhance data capture, improve speed of processing and provide increased visibility across both locations.

 

Nigel Corp, Welcom Software Chief Operating Officer said: â??We are thrilled that RedKite Money has upgraded to our Financier v7.06 Managed Hosting Solution. Our leading software Financier provides them with the secure and reliable system that they need to effectively manage their entire loan book. Easily configurable, upgrading to Financier v7.06 will not only enhance the loan management process but will also remove the costly responsibility for hosting management. Financier has also recently been upgraded to ensure it offers the required functionality for lenders to make sure they are compliant with CCA 2006 which takes effect in October (6th).â?

 

Founded in 1978 Welcom Software specialises in providing market leading business software solutions, both customised and off the shelf, to the finance, retail and eCommerce sectors. The Welcom Software Group was established in 2007, following the strategic acquisition of e-inbusiness, a leading eCommerce and eMarketing specialist. Group clients include: Kaupthing Singer & Friedlander Ltd, Redkite Money, The Loan Store, Airdrie Savings Bank, New Look, Farrow & Ball, Radley and Jacques Vert Group. To find out more visit: www.welcom.co.uk

What Is CASS Certification And How It Helps Us

Generally speaking, CASS or Coding Accuracy Support System is a software which helps the Postal Services to measure the efficacy of the software which maintains the hygiene of addresses. All vendors and mailers who would like to be enabled to have the USPS evaluate the efficiency of their software which matches addresses, can be offered CASS Certification.

CASS software also helps promote and improve the accuracy of the mailers’ Zip+4 carrier route along with the 5-digit coding. It enables the vendors or mailers to test the capability of their address-matching software packages. After a certain modicum of compatibility is achieved, it is ready to be certified by the Postal Services.

The CASS Certification has to be certified annually with the USPS so as to be able to meet the requirements of the current CASS Certification. The results are then returned to the mailers/vendors to enable them to correct inaccuracies by providing them with useful diagnostic methods.

To go into the detailed workings of this software, one must first look at the benefits offered by the adoption of this software. The advantages of this software are many.

? CASS software corrects and standardizes addresses and also adds the missing elements like zip codes, cities and states to make the total address complete.

? A ‘delivery point validation’, which means, that the software can verify whether a given address is deliverable or not is also possible with this software.

? It can also bring the addresses which have been renamed or renumbered up-to-date by accessing the USPS ‘locatable address conversion system’. The correct address saves the Postal Services a lot of time, money and effort.

? The futility of non-deliverable mail, unsorted mail is reduced. Also, mail which can be delivered but requires that extra push to locate the exact location is also taken care of by this software.

? The debugging and cleaning of the mailing list is possible with this type of software.

? The USPS offers discounted postage tariffs to those who use the CASS software.

However, to be eligible for the discounted postage packages, the mailer’s address list has to be verified against the Postal Services USPS database. This verification is termed “CASS Certification” and it ensures that every address on the list can be delivered to. This certification requires some points to be cleared before being accredited by the CASS certificate. Some of them include getting the mailing list checked by the Mail Preparation Services, signing a declaration that each address on the mailing list has been checked by the USPS or the address has been mailed to within one calendar year. All addresses on each list are also required to be corrected.

A major point to keep in mind while wishing to have the mailing list totally updated and current, is to send a mailing First Class or Standard with the endorsement ‘address service requested’. In case of any addresses being incorrect, information will come from the Postal services.

CASS has certainly simplified the mailing process and the tedium and futility of incorrect or undeliverable addresses has been reduced to a large extent.

Organizations are on the look for reducing the expense and complexity of handling telecom arena They are seeking means of cutting down yearly budget related to telecommunication that is amongst the leading costs in most businesses Telecommunication expense management and concerned network services works and manipulate the developing telecom expense of enterprises which facilitate in you to centralize on your business An efficient real time cost eradication program is telecom expense management (TEM) software The telecommunication expense management software is a cost reduction tool that facilitates manipulating the surviving services and they make attractive profit.

The key advantage of Telecom Expense Management (TEM) software is its Automation technique. The exceedingly propulsive TEM software has the enduringness take off the burden from the staffs which helps them to concentrate on their core activities Further the TEM software is capable of improving the business’ ability to command the ever increasing monthly telecom expense and efficiently estimate the future necessitates.

Automation: Tracks single and aggregative use of throughout telecommunications units Liberates the accountants so that they can utilize their time in some important tasks. Facilitates in interconnecting voice and data units Furnishes with detailed daily, monthly and annual analytical reports, to make future telecom purchase more comfortable.

Tele-communication Cost Management is an unseparable requisite of many business. Big and small enterprises are noticed to throw away thousands of their worthty monthly employee hours tracking company cell phones or landlines numbers as employees are promoted, elliminated or are newly employed. As soon as the software is installed to the firm’s particular requisite, it monitors inventory, amount used and billing. Telecommunication Expense Management Software assists your company to perceive visibility into plus manage all telecom outlay of your business concern. TEM software in addition alleviates you to cut down the tele-communications consumption manipulation lifecycle of your business enterprise. Such expense equals ten to twenty-five percent of their annual savings. Further the Telecommunication Expense Management software facilitates you to simplifies those provocating project in telecom sphere.

Whenever the reputation of Telecom Expense Management software software raises, there progresses programs to fit entire enterprise’s requistes. Exploring the internet for Telecommunication Expense Management software will fetch you heaps of alternatives, the attempt of which can be equated to meeting with your local telecom provider. Following names are approximately some of the most popular solution providers

Nowadays, you will coming upon a number of Tele-communication Expense Management providers over the internet but we’d propose reexamining Vocio’s TEM solutions.