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PIC Solutions to present at Operations Research Conference

Johannesburg, 24 Feb 2004

PIC Solutions has been selected to present a seminar in the 2004 series of activities of the Western Cape Chapter of the Operations Research Society of South Africa (ORSSA), on 17 March.

ORSSA provides reliable information and support to researchers and individuals involved in operations research activities. This seminar will provide delegates with the opportunity to discuss new developments and trends impacting operations research.

PIC Solutions will present the seminar on ProVision, a forecasting tool that has rapidly become the industry standard for predicting charge-off rates. Through a powerful combination of software and analytics, ProVision ensures the accurate prediction of monthly bad debt write-off and also enables a true assessment of the quality of new accounts.

Operations Research impacts any business decision-making process and by using various scientific methods one can improve the way in which decisions are made. ORSSA consists of five chapters that meet annually to discuss operations research and topics in specific related areas of interest. The activities organised by the ORSSA chapters offer delegates the opportunity to network with peers, and gain insight on trends and issues impacting the industry.

Stephen Leonard, Managing Director of PIC Solutions, comments: "We are delighted to be presenting on ProVision as part of the activities of the Western Cape Chapter of ORSSA for 2004. This forecasting tool provides credit, risk and finance professionals with accurate information about their portfolios. ProVision offers a turnkey approach to predict charge-off rates at an optimal level of accuracy."

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PIC Solutions

PIC Solutions provides customer management solutions to a wide range of blue-chip organisations. We are experts in the fields of credit, risk and marketing and have an established track record of success powered by solutions.

Our ongoing commitment is to enable clients to optimise the credit lifecycle of your business.

Editorial contacts

Frans Labuschagne
PIC Solutions
(011) 759 0300
Info@PICSolutions.com