Given the present economic environment, many companies try to optimize their collection strategies in an attempt to lower their operational costs. Working with collection agencies is an option used by organizations to complement the work of internal departments. As a result of these needs, we developed the Collection Agencies Module.
Advantage Software Factory has participated on 30-31st of May at the seventh edition of “MEFTEC – The Financial Technology Market” fair, in the capital of United Emirates of Arabia, Abu Dhabi.
MEFTEC is one of the biggest events dedicated to financial technology industry for emerging markets. This fair reunites the leaders of financial technologies from all over the world and decision makers from Middle East, Africa and South Asia. At this fair attended representatives of banks and financial institutions from Algeria, Bahrain, United Emirates of Arabia, Pakistan, Syria, Sri Lanka, Sudan, Turkey, Tunis and Yemen.
Champion Challenger Module is a feature implemented in Capone which helps you to constantly adapt your collection strategy to the present business environment. Based on your existing collection strategies you can fine tune the future ones using this module. You can use Champion Challenger Module to test future collection strategies in a live but controlled environment, to avoid financial losses
Advantage Software Factory was present as an exhibitor and partner at the first credit and collection conference organized by Expo Media in December 2009.
At this conference, some of the most important collection agencies in Romania have participated, as well as international solution providers for debt collection software. ASF featured Capone Debt Collection Software, the number one collection software in Romania.
This was a good opportunity for ASF to launch the Forced Execution Module officially, as an addition to the already existing key features for collection activities in Capone Debt Collection Software.
The second largest bank in Romania, BRD – Group Société Générale, is using Capone Banking for collection activities
In November 2009, BRD Groupe Societe Generale started to use Capone Banking, the number one debt collection software in Romania, in order to manage all collection activities in the bank. The reason for implementing the system was to improve the bank’s response time and to support all collection areas.
BRD – Group Société Générale is the second largest bank in Romania. The bank is present in all Romanian counties through a network of 930 agencies. On the 31st of December 2008, BRD was counting 2.6 millions of active individual and corporate clients and over 2.3 million of cards.