Bayport Implements EXUS Collections Technology Solutions in Its African Subsidiaries
July 11 2024 - 6:05AM
Business Wire
Bayport Management Ltd, a global leader in "at-source lending",
has announced the successful implementation of the EXUS Financial
Suite (EFS) in its six African subsidiaries, namely, Botswana,
Ghana, Mozambique, Tanzania, Uganda, and Zambia.
Bayport Group COO, Bryan Arlow, explained their choice of
supplier saying
"We chose EXUS as our preferred supplier in 2022 to implement a
project to improve the management of past due accounts. Over the
past 18 months, the Field Collections module of EFS has proven to
be a game changer for our operations in Africa as it has
significantly improved our collections performance across all
markets.
"The impact of the module lies in the ability it gives Bayport’s
agents to communicate with customers at times and locations most
convenient for them. It also gives head office staff real-time
visibility of agents’ actions and performance."
Bayport’s decision to implement EFS, which is known to be an
innovative market-leading debt collection and recovery solution,
was informed by several business objectives:
- Enhance operational efficiency with a centralized automated
collections system.
- Reduce operational costs by automating manual tasks.
- Increase agent productivity with a comprehensive one-screen
customer view.
- Optimise the field collections process.
- Maximise customer reach with a template-based, multi-channel
contact strategy.
- Improve operational and strategic insights through
sophisticated reporting and analytics.
The project was implemented on schedule, giving Bayport’s
African subsidiaries access to the full EXUS suite of products,
including EXUS Collections, EXUS Collections BI, and EXUS Field
Collections.
EXUS Deputy CEO, Chris Maranis, remarked,
"We are pleased to have provided our solutions to Bayport,
enabling the business to enhance the collections performance of its
African subsidiaries. We look forward to expanding our
collaboration with Bayport and their other subsidiaries in the
future."
In addition to the six African subsidiaries, Bayport has two
Latin American subsidiaries and an associated business in South
Africa.
About Bayport Group
Founded in 2001, Bayport Management Ltd is headquartered in
Mauritius and manages regulatory, funding, treasury, and compliance
requirements across the group. It is also the custodian of
Bayport’s business philosophy and strategic medium and long-term
planning.
Bayport Management Ltd plays a vital role in ensuring that the
practices employed by the Bayport operations meet the highest
standards of responsible corporate behavior.
They embrace technology, stay at the forefront of product
leadership, and push innovation to engineer a new reality in
financial services provision and bring hope to our communities.
Learn more at: www.bayportfinance.com
About EXUS
EXUS supports organizations in more than forty countries to
improve their debt collection results, by introducing simplicity
& intelligence in their business processes through
state-of-the-art technology. EXUS is the only vendor consistently
ranked as best in class by independent advisors, such as
CEB/Gartner and Oliver Wyman.
In all the countries where EFS is deployed, there is a need to
cover both the business needs of the organization as well as the
requirements of the local regulatory framework. EFS has the
required flexibility to implement different, complex business
processes due to the variety of tools that are provided to the end
users. EXUS, for almost two decades, has a clear and consistent
focus on one and only core competence: debt collection
technology.
Learn more at: www.exus.co.uk
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For more information: EXUS Press Office Romina Tsouni, Head of
Marketing, EXUS M: +447429477389 | T: +442081237407
r.tsouni@exus.co.uk