Izwelethu, a financial services company providing micro-finance, recently purchased the CreditEase software solution from K'e Concepts.
The CreditEase solution will enable Izwelethu to streamline and automate its entire credit supply chain process, reducing administration costs significantly and enabling more effective credit risk management. The flexibility of the software gives Izwelethu the ability to offer its clients a more streamlined and responsive service.
"We found CreditEase to be the most comprehensive and flexible instalment sale product available. We needed a system to enable us to effectively service our dynamic and constantly changing client base and be adaptable to our future vision. Furthermore, we found K'e to have an exceptional balance between financial and IT resources and their professional approach to the project keeps us fully informed at all times. We look forward to a long standing relationship with them," says Brett Northrup, Financial Director of Izwelethu.
The deal with Izwelethu further establishes K'e Concepts as a leading provider of credit and contract debtor`s management solutions.
"We have spent the last three years developing CreditEase and increasing our in-depth knowledge and understanding of the financial services market. The Izwelethu deal is confirmation that this investment has paid off. The current interest shown in our solution and our growing sales pipeline, are clear indications that CreditEase will soon be the leading instalment sale and debtors management solution in the Southern African financial services market," says Gary Green, Director of K'e Concepts.
K'e Concepts is a specialist financial services sector software provider and a Microsoft Solution Partner. Its flagship product, CreditEase, is designed using the latest technologies provided by Microsoft, enabling functionality that addresses the business needs and challenges faced by the financial services industry. CreditEase is designed for the banking, asset-based finance, and micro-finance industries. An ASP model and a desktop version are undergoing testing and will be launched towards the end of the year.
Izwelethu is a division of Grand Finance (Pty) Ltd, a financial services company in the CorpCapital group.
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