EXUS SOLUTIONS DEPLOYED BY BAYPORT'S AFRICAN SUBSIDIARIES

KUALA LUMPUR, July 12 (Bernama) -- The EXUS Financial Suite (EFS) has been successfully implemented by Bayport Management Ltd in its six African subsidiaries, namely, Botswana, Ghana, Mozambique, Tanzania, Uganda, and Zambia.

“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,” said EXUS Deputy Chief Executive Officer, Chris Maranis in a statement.

Meanwhile, Bayport Group Chief Operating Officer, Bryan Arlow said: “We chose EXUS as our preferred supplier in 2022 to implement a project to improve the management of past due accounts.

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“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.”

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 such as enhancing operational efficiency with a centralised automated collections system; reducing operational costs by automating manual tasks; and optimising the field collections process.

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, as well as EXUS Field Collections.

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In addition to the six African subsidiaries, Bayport has two Latin American subsidiaries and an associated business in South Africa.

Founded in 2001, Bayport 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.

EXUS supports organisations in over 40 countries to improve their debt collection results, by introducing simplicity and intelligence in their business processes through state-of-the-art technology.

-- BERNAMA