Tvm: SunTec, the Trivandrum based provider of Relationship based Pricing and Enterprise Billing solutions, has launched a new product named Business Value Monitor, targeting banks and other financial institutions. The new product, which is an extension to SunTec’s flagship Relationship based Pricing Platform, TBMS-F, is an interactive dashboard that enables banks to gain fine-grained visibility on their business performance in terms of revenue and profitability.
K Nanda Kumar, President & CEO, SunTec said, “The Business Value Monitor is built on our decade-long implementation experience in the pricing and billing space. While the product empowers management with real-time business insights on their fingertips to make informed decisions, it remains completely non-intrusive to the bank’s existing process flows”.
The dashboard will provide users with a drilled-down view of revenue and profitability across products, channels and customers / segments. Designed as an interactive tool, the Business Value Monitor will provide consolidated information on customer value generation, product profitability and channel usage across the enterprise in simple graphical formats.
SunTec to offer Nordea dynamic pricing and convergent invoicing solution
Meanwhile, SunTec today announced that they have entered into an agreement with Nordea, Northern Europe’s top financial services group, to deploy their Transaction Business Management System for Finance (TBMS-F) product suite.
TBMS-F, SunTec’s flagship product, is built around the concept of Relationship-based Pricing pioneered by them. The Relationship based Pricing and Centralised Billing platform will enable Nordea to offer flexible pricing schemes and convergent invoices to their customers.
“We are glad to have signed up with Nordea to enable the group to deploy customer-centric pricing and invoicing strategies across their customer base and geographic footprint. SunTec’s long-standing global experience in deploying dynamic pricing and centralized billing solutions is sure to deliver value to Nordea”, Nanda Kumar added.
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