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CONTACT INFORMATION
FOR IMMEDIATE RELEASE
Utilities Overcome Bad Debt Challenges With SPL's Credit & Collections
Solution
SAN FRANCISCO, CA, MAY 11, 2005 - SPL WorldGroup,
a leading provider of mission-critical solutions to the global utility
market, will showcase its Credit & Collections solution (C&C)
at the May 17-20 CIS Conference 29 in Phoenix.
“Utilities looking to speed payments and reduce bad debt
report outstanding ROI with SPL Credit & Collections,”
commented Harry Debes, SPL President & CEO. “One of our
long-standing utility customers, for instance, got a $5 million
return on investment in the first two years of use -- $1.5 million
more than the most optimistic projections of its business case.”
Visitors to SPL Booth #115 can learn more about the advantages
of SPL’s C&C solution, which lets you:
- Reduce collection time by having clean, detailed financial information
on each account. You can view debt in traditional 30-60-90 day
categories as well as debt to the day.
- Improve cash flows through use of a variety of built-in payment
arrangement plans.
- Use resources efficiently -- All processes, from letters to
write-off accounting, are completely automated. Alerts occur only
when there are exceptions.
- Reduce costs -- You can stop disconnection orders and other
collection activities the instant the customer meets minimum payment
requirements.
C&C product demonstrations will be ongoing throughout the CIS
Conference at Booth 115. Dave Mulit, SPL General Manager of the
Americas commented, “We feel confident that once visitors
have experienced SPL’s C&C demo and considered the ROI
stories of their industry peers, they will come away knowing that
this proven solution will benefit both their company and their customers.”
About SPL
SPL (www.splwg.com) delivers the proven software applications that
help utilities around the world achieve competitive advantage and
excellence in business performance, while ensuring a lower total
cost of technology ownership. SPL solutions in customer care and
billing, enterprise asset and work management, mobile workforce
management, and outage and distribution management are specifically
designed for energy, water, and service companies. Working with
systems-integration and technology partners around the world, SPL
has an unparalleled record of implementation success. SPL focuses
on clients’ return on investment and fosters long-term relationships
based on confidence and trust. Visit SPL at www.splwg.com
or call +1-866-468-6775 (San Francisco), +44-207-851-6840 (London),
or +61-2-8258-8200 (Sydney). Within the US and Canada, call +1-800-275-4775.
© 2005 SPL WorldGroup, Inc. All Rights Reserved. SPL is
a trademark owned by SPL WorldGroup B.V. or its subsidiaries. SPL
is registered as a trademark in the United States and in certain
other jurisdictions. All other trademarks and brand, product and
company names herein are used for identification purposes only and
are the property of their respective owners.
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