HOUSTON (December 3, 2008) – Shaw Systems Associates Inc., the leading provider of business solutions to the lending industry, announced that Suncorp has renewed its COLLECTIONS software maintenance agreement
Suncorp, Australia’s sixth-largest bank, uses COLLECTIONS to manage its collection processing for both its retail and business banking divisions. The software improves the bank’s ability to provide support for multiple collection teams and multiple products, such as loans, mortgages, leases, and credit cards. In addition, Shaw’s solution enables Suncorp to decrease losses, improve collections strategies, and streamline business processes. Suncorp is also making use of sophisticated reporting structures as well as integration with dialer and external letter generation services.
Suncorp-Metway Ltd is one of Australia’s top 25 listed companies and is Queensland’s largest listed corporation. The Suncorp Group, Australia’s sixth-largest bank, is a diversified financial services provider, supplying a full range of banking services including loans, savings and investment accounts, credit cards, and foreign currency services for retail and small to medium business customers.