Revenue Collection and Debt Recovery Management Software System
March 03 2009
Profitera PowerApps is a suite of applications which automates and streamlines the entire Revenue Collection and Debt Recovery process. Profitera PowerApps helps organizations to reduce bad debt, improves cash flow and lower days receivable outstanding. Collection personnel have access to up-to-the-minute information on each Customer in terms of delinquencies, payments, disputes and promises to pay, so they can quickly resolve Collection issues with Customers.
External Interface to existing legacy systems is the key to have the 360-degree view of the Customers. Profitera External Interfaces will be plugged to existing legacy systems and information can be downloaded periodically or in real-time as well, depending on the business needs. Profitera PowerApps can be set up as such that depending on a certain Customer contact result, a future date, letter generation or action can automatically be scheduled. Profitera PowerApps is cross-platform. It can run on all major platforms in the market today.
The Profitera PowerApps modules are as follows:
PowerCollect
PowerRecovery
PowerAgency
PowerReport
PowerMessaging
PowerCTi
Technology
Profitera PowerApps is designed and developed leveraging open systems, industry standard technologies of Java, XML, SQL and Http. The next generation Rich Internet Application (RIA) architecture allows for a very responsive and fast application on the desktop which is Http aware, whereby updates are done automatically in the background. In addition, Business Rules Engine and Predictive technologies bring significant intelligence to the application.
Revenue Collection and Debt Recovery Management Software System
March 03 2009
Profitera PowerCollect Fact Sheet
Profitera PowerCollect is a very sophisticated software application that effectively facilitates Revenue
Collection & Debt Recovery Management. It helps to automate and streamline the Revenue Collection
& Debt Recovery processes, enabling organizations to Reduce Bad Debt, Improve Cash flow, Improve
Revenue Assurance, Reduce Non-Performing Loans (NPL) and improve overall Customer Service.
For Banks, it helps to address major parts of BASEL II compliance, with a comprehensive operational risk
framework with built-in behavior scorecards therefore reducing provisions for bad debt, reducing statutory
reserves at the Central Bank and overall reduction in NPL.
For Telecoms and Utilities, it augments the Revenue Assurance lifecycle with more sophisticated tools to
improve Revenue Collection. For Government (both local and federal) PowerCollect provides a comprehensive
framework to increase Revenue Collection, tighten Enforcement & Recovery and improve
the Government to Citizen service delivery platforms.
Profitera PowerCollect helps many different organizations to collect revenue, manage the delicate
balance between Relationships - Receivables – Retention, gracefully. Profitera’s software solutions are
unique yet they provide powerful capabilities for the enterprise customer.
Revenue Collection and Debt Recovery Management Software System
March 03 2009
Profitera PowerReport Fact Sheet
PowerReport is an integral application in Profitera PowerApps suite of Applications designed to automate and streamline the Revenue Collection and Debt Recovery processes.
PowerReport is a flexible and powerful Java Reporting tool which can easily deliver sophisticated print or web reporting. It allows the business users to build, customize, distribute and view/print report as the business demands. PowerReport has Reporting Tools which use a full-featured, fourth generation, English like procedural language to maintain and extract data. Users are able to extract and export reports designed in PowerReport into several formats and environments which include HTML, PDF, Microsoft Excel Spreadsheets, XML, Text files and CSV files.
With billions of delinquent dollars still uncollected around the world, collection centers are searching for new, more productive and profitable ways to pursue overdue accounts. In this quest, many companies have re-evaluated long-held beliefs and have actually found that some of these assumptions are restricting—rather than promoting—their success.
by Lois Brown
With billions of delinquent dollars still uncollected around the world, collection centers are searching for new, more productive and profitable ways to pursue overdue accounts. In this quest, many companies have re-evaluated long-held beliefs and have actually found that some of these assumptions are restricting—rather than promoting—their success. As a result, they have made significant changes in their collection process; in some cases, doing the opposite of what they had done before. The payoff for these companies has been measurable improvements in collection results.
Kuala Lumpur Islamic Finance Forum 2007 in Hotel Nikko
Profitera Corporation made a presence at Kuala Lumpur Islamic Finance Forum 2007 (KLIFF), which took place from 20-21November 2007, in Hotel Nikko, Kuala Lumpur. KLIFF aims at gathering great minds and experienced practitioners to discuss pertinent issues on Islamic banking and finance.
PETALINGJAYA--Open source software (OSS) adoption is growing steadily in Malaysia, where IT practitioners in the industry are optimistic its development will make greater strides in the coming years.
According to Ditesh Kumar, OSS developer evangelist for Malaysia's Free and Open Source (FOSS) Foundation, OSS is being widely adopted across all the major verticals including public, technical, educational, financial and services sectors, and even within small and midsize enterprises (SMEs).
Read more at ZDNet website
PETALINGJAYA--The following is an excerpt from the interview done by Edwin Yapp who is a freelance IT writer based in Malaysia with Profitera Corporation CEO & President, Mr KeshMahinder Singh.
Press >>: On a scale of one to ten, how would you rate the adoption of OSS in the country? Why do you give that rating?
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Success Stories
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