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Posts Tagged ‘Solution’

Wipro Launches ‘FLoW’, a Technology Solution for the Retail Sector

January 17th, 2012

Wipro Technologies, the Global Information Technology, Consulting and Outsourcing business of Wipro Limited (NYSE: WIT) today announced the launch of ‘FLoW’ an Oracle-based Pricing, Supply Chain And Finance Management Solution, for the retail sector. The solution will provide retail franchises and wholesalers greater data visibility needed for faster and more accurate trading transactions.. The technology is a composite solution to the Oracle Retail Merchandising System (RMS), developed in line with result of customer feedback.

‘FLoW’ will enable users get a comprehensive view of their wholesale operations in sync with other functionalities of Oracle’s Retail Suite. This significantly increases visibility and operational efficiency, as users can now see and manage their Retail, Franchise and Wholesale operations on one integrated dashboard. The flexibility of the solution means that retail franchises and wholesalers have more control over pricing, fulfillment and billing. Additionally, the solution which is fully aligned with Oracle Retail leverages Oracle RMS functionalities such as item creation, transfers, and replenishment.

Mike Davies, Vice President, Wipro Retail – Europe, Latin America and Wipro’s Global Oracle Retail Practice said: “Historically, retail suites have offered broad functionality for the general retail environment, but not much has been done for the benefit of franchises and wholesalers. Customer feedback indicates the need for a comprehensive retail solution that allows them the best of both worlds and allows the user to oversee the entire process from beginning to end. Wipro is uniquely positioned to provide this level of flexibility because of our deep retail knowledge and experience in working with a wide variety of retail businesses, across the globe as well as our strong partnership with Oracle.”

Wipro’s retail experience spans global customers across geographies and the company’s focus is to integrate legacy investments and future proof systems used to manage Operations, CRM (Customer Relationship Management), Shrinkage, ERP (Enterprise Resource Planning), Data Warehousing, Predictive Data Analytics and Price Optimization. Wipro’s capabilities span Grocery, Fashion, as well as Health and Wellness Retailing. Wipro is a tier 1 Oracle Retail Partner and one of the most successful integrators of Oracle Retail solutions.

Source:http://www.moneylife.in/business-wire-news/wipro-launches-flow-a-technology-solution-for-the-retail-sector/29755.html

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Tags: Solution Technology

Sei recontracts with riverfront investment group to provide sma outsourcing solution

January 24th, 2011

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SEI (Nasdaq: SEIC) today announced that it has extended its relationship with RiverFront Investment Group, LLC to provide operations outsourcing services for the firm’s separate account business for an additional three years.

SEI provides RiverFront with a fully-outsourced, customized solution centered on delivering automated business processes, account administration, reconciliation, and reporting. SEI’s relationship with RiverFront, its system connectivity to sponsor platforms, and proven ability to scale its solution to handle RiverFront’s significant growth were key factors in the decision process.

“We’ve been fortunate to have experienced significant growth over the past few years, and SEI has handled our evolving business needs,” said Pete Quinn, RiverFront’s Chief Operating Officer. “We’re pleased to extend our relationship with them and are confident in their abilities as an industry leader.”

“RiverFront is a terrific success story and we’re proud that we’ve played a supporting role in their growth,” said John Alshefski, Senior Vice President, SEI’s Investment Manager Services division. “We’re very pleased that RiverFront appreciates the expertise and services we have been providing them and have chosen to extend their relationship with us. We value our relationship with RiverFront and are looking forward to helping them achieve even more success.”

Source:-http://pr-usa.net/index.php?option=com_content&task=view&id=596564&Itemid=99999999

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Tags: Outsourcing Solution

ISO Introduces New Outsourced Claims Solution

April 7th, 2010

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Insurance Services Office (ISO) Limited, the U.K.’s leading provider of next generation personal injury claims services and solutions, has announced a new hosted claims service. The COA Bureau Service provides ISO Claims Outcome Advisor (COA) technology and powerful Management Information (MI) reporting as a fully-hosted solution to insurers, loss adjusters and claims handling organisations. The new service enables companies to derive the full value of the COA solution by outsourcing the entry of medical reports into COA. Claims handlers can use the consistent advice of COA without having to interpret and enter medical details into the COA system. Because no insurer staff training is required, the COA Bureau Service can be set up in a matter of days.

By using the COA Bureau Service, companies can improve the consistency COA brings to their valuations. In addition, the extensive MI reporting and the newly developed COA Dashboard instantly deliver detailed, up-to-date claims management information through analysis, graphs and reports. As part of the service, handlers receive a variety of reports comparing data by case, lifecycle and region. These capabilities make the settlement process more transparent and visible to management.

The combination of the COA solution and the expertise and judgement of their claims handlers allow companies to report greater consistency in evaluations and subsequent settlements, as well as improved management information. One leading self-insured that has already taken up the service reports that outsourcing its medical report entry and quantum evaluation processes to experienced ISO staff allows its handlers to focus on core skills, thus providing a better claims service and negotiating fairer, more consistent settlements.

“Our work with key players within the insurance sector has enabled us to offer the advantages of a Bureau Service along with our ISO Claims Outcome Advisor solution and our MI reports to a broader number of businesses,” said Joe Pendle, Director of Client Services for ISO. “With the model, we can also enter into other markets and widen our reach internationally. We are very excited about the benefits our COA Bureau Service can provide to claims organisations.”

Source:http://www.your-story.org/iso-introduces-new-outsourced-claims-solution-coa-bureau-service-165703/

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IT solution for SMMEs

March 16th, 2010

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Quietly, in the engine of the economy, a bunch of computer nerds are hoping to change the country, one business at a time.

“Yes, I’m a geek,” SpaceAge’s Chris Welham told News24. “But we have a unique strategy for small businesses – our goal is to create solutions for businesses.”

SpaceAge, launched in 1994, develops what call “unique solutions” for small to medium enterprises (SMMEs) that effectively outsources the company’s information systems.

“We supply the IT platform with the backup and support of an established brand to help small businesses,” Welham said.

However, Dr Kosheek Suleman, who specialises in information systems at UCT, rubbished any form of outsourcing.

Costs

“This system is fundamentally flawed,” he told News24.

“It’s asking another party to part of your supply chain and deliver services. It destabilises companies,” he added.

Suleman believes that IT should remain an internal business function, despite SpaceAge’s claim to relieve managers of “non-core” functions.

“I don’t accept that thinking. Technology affects our daily lives and if a director (of an SMME) is unaware of the technological changes, he’s abdicating his responsibility,” said Suleman.

Welham said that they meet with clients often to determine their needs on an ongoing basis.

“We meet once a month and package processes to make sure we deliver. We do everything at a fixed price, and our solutions give companies a competitive advantage,” he said.

“We sound expensive, but when you talk about running an environment 24/7, and we operate a service desk during business hours to minimise downtime, it’s a huge cost saving,” he added.

Suleman conceded that the system may be more efficient.

“Yes, there are efficiencies there, but at what cost and sacrifice?” he said. “You shouldn’t be held to ransom by things you don’t understand.”

Welham said that the company does it best to partner with clients and assist them in their businesses.

“We meet with the clients once a month, sometimes more often, to ensure we our relationship is win-win. Downtime in any business costs money and our system gives the best support possible,” he said.

Source:http://www.news24.com/Content/SciTech/985/55056a9d07f8401093c75a110b2b302a/15-03-2010-10-08/IT_solution_for_SMMEs

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Tags: IT Outsourcing Solution

Leading global technology company selects direct alliance for multi-million dollar turnkey revenue generation solution

January 28th, 2010

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A leading global technology company has selected Direct Alliance, a wholly-owned subsidiary of TeleTech Holdings, Inc. (NASDAQ: TTEC), to design, implement and manage a multi-million dollar revenue generation solution targeting small and medium businesses (SMB) in the United States. According to Gartner, Inc. small and medium businesses in North America are forecasted to spend $38 billion in 2010 on hardware technology.

The client wanted to grow and expand its share of the North American SMB market and needed a partner who could deliver a proven, comprehensive turnkey solution to achieve this goal. Under the multi-year agreement, Direct Alliance will provide a business-to-business integrated sales solution using sophisticated account management strategies to generate incremental revenue in the SMB market. Dedicated account executives with Direct Alliance will build and grow sales relationships using proprietary desktop tools, robust database marketing analytics and award-winning electronic direct marketing to sell the client’s wide array of IT products and services.

“The Direct Alliance team is excited to join forces with this global technology leader,” said Judi Hand, president and general manager of Direct Alliance. “This client sought a partner who could design, manage, and rapidly implement a complete revenue generation solution, making Direct Alliance an ideal partner. By offering a unique solution with well-defined revenue results, we deliver the best opportunity to increase our client’s share of the multi-billion dollar SMB market.”

Direct Alliance is a recognized leader in outsourced sales and marketing solutions, helping clients achieve sales and marketing goals through its turnkey, comprehensive, transformative go-to-market strategies. For more information about Direct Alliance,