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SERVICES |
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LEXIIR is a software program specially written for managing and recovering outstanding debt at
Public Institutions. This program was conceived as a result of a need identified by New Integrated
Credit Solutions (Pty) Ltd during their process of collecting debt for municipalities. The need to
create an interface and to bridge the gap between municipal financial management systems and a
functional debt management and collection system. |
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OBJECTIVE |
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To introduce and install the LEXIIR software system to our proffered target market.
To manage , train personnel and execute debt collection interventions on behalf of our clients at
early default stage and at a cost effective rate that the rate charged by external debt collectors
To empower our clients to increase efficiencies by having complete control of their default and
the collection thereof.
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CORE COMPETENCIES |
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Written on up to date technology and supported by ADSL connection for off-site support.
Ability to interface with other financial management systems.
Automated process of debt management and collection with minimal manual intervention.• Manage debt by exceptions in cases of default by debtor.
Manage outside debt collectors on a daily basis.
Provide tailor made reports to suit client specifications. Automated mailing and SMS functions.
Ability to interface with debit order systems
Ability to interface with collections through vending machines
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VALUES AND BENEFITS |
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The system is operated on a “no result no pay” basis.
The provider trains personnel on the functionalities of the system.
The system enables the client to external debt collectors on a daily basis.
The system enable client to provide proof of debtors and debt collector’s payment without any
manual interventions.
The system increases efficiencies and real time benefits through the shortened turn around period
for the client.
All payments through the system are first allocated to current debt, thus increasing the client’s
current payment percentages versus current billing.
The system fosters a culture of timeous payments with rate payers, as all defaulters are targeted
at an early default stage.
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