Fortune 500 Global Companies Select Rapport™ from International Decision Systems, Release 5.5 Now Available
MINNEAPOLIS, Minn. (March 1, 2006) -- International Decision
Systems announced
today that two more global Fortune® 500 companies selected Rapport™ and
began
worldwide implementation including rollout of the application’s powerful
vendor/dealer
functionality for tens of thousands of associated business
partners. These new firms join a
growing list of entities thriving on the innovation and
efficiencies achieved with Rapport.
Rapport has enjoyed rapid adoption among banks, manufacturers and independent lending organizations for a range of origination functions for loans, leases and mortgages. With inherent configurability and robust workflow, Rapport has been integral to efficiency and innovation gains in originating and booking new deals. Release 5.5 continues to advance operational efficiency and offering innovation in three key areas:
- Rapport™ Rules configurability combined with the associated
business process
re-engineering possibilities is the impetus for efficiency gains reported to be as
high as 400 percent. Release 5.5 paves the way to easily implement your business
rules exactly as you require it in a test environment and seamlessly move your
configured test system into your production environment. - Pricing your quotes in Rapport has added flexibility.
In addition to structuring for
seasonal and skip payments, Rapport now allows you to also solve for equipment
cost, residual value or term and allows access to the powerful discounting
capability of the underlying InfoAnalysis® Quoting Engine. - Multi-format
document output allows document creation with the tool
you already
know – Microsoft® Word. As terms are negotiated, these documents are easily
edited. All Word documents are stored securely in the database for future
retrieval, and are easily converted to a PDF document for distribution.
Rapport is designed to link to any back-office servicing suite including InfoLease®, LeaseEnterprise™ and ProFinia™ by International Decision Systems. In addition, clients may choose to implement Rapport with a vendor/dealer base and book business to a selected third-party financing partner. Other applications of Rapport include the ability to capture and process applications for a captive finance operation and if declined, referring the application to other financing organizations without additional data-entry.
“Rapport has opened new doors for businesses that seek efficiency
and competitive
advantage in their origination and booking operations,” says Howard
Dunlavy, Rapport
product manager for International Decision Systems. “It is inherently
adaptable with
enormous capabilities to transform organizations focused
on process enhancements
including offering creative financing products and pricing
innovation.”
“Rapport is uniquely implemented across the globe by organizations
that comprise
hundreds of billions of dollars in financed goods,” says Todd Davis,
chief operating
officer at International Decision Systems. “Today it’s primarily
accelerating the
origination of commercial financing for leases and loans,
but with its powerful and
proven capabilities to drive new business strategies we expect
to see it adopted soon in
other origination intensive industries including insurance
and consumer financing.”
About International Decision Systems
International Decision Systems
is the global leader in developing asset finance portfolio
management software and services. Headquartered in Minneapolis,
Minnesota,
International Decision Systems also has offices in London,
Sydney, Singapore and
Bangalore, India. International Decision Systems offers
the largest and most experienced
global consulting, implementation, and technical support
teams in the asset financing
industry. For additional information about International
Decision Systems, visit
www.idsgrp.com or call 1-866-465-9393 or 1-612-851-3200
for the global headquarters
or the European office at ++44 (0)1256-302000.
Media Contacts:
Jody Hinkle, Public Relations Manager, 612-851-3436, jhinkle@idsgrp.com
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