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SunTec to Deliver Smart Pricing Solutions for Investec’s Mid-Sized Corporate Clients
The SunTec Investec Bank partnership marks a major step in automated corporate billing. Investec Bank has chosen SunTec Xelerate to set up different prices and make billing easier. This will improve the delivery of value and the speed of collections.
“This partnership with Investec signifies a remarkable milestone for SunTec,” said Amit Dua, President of SunTec Business Solutions. “It is a testament to our work in the relationship-based pricing landscape in the region, with four out of the five largest banks now being powered by SunTec. We are committed to helping Investec optimize their pricing strategies, reduce cycle times for collections, and enhance customer value with our sophisticated pricing engine.”
Investec Bank is advancing its pricing and billing capabilities to better meet evolving customer needs with greater speed and flexibility. In collaboration with SunTec, the bank is introducing intelligent automation to its pricing and billing processes – enabling the rollout of dynamic, relationship-based pricing for its business banking clients and improving the efficiency of collections and charge recovery.
The initial phase of the implementation will be on premise, with a targeted focus on select use cases within the Payments and Collections business line. SunTec’s pricing engine will support the introduction of tiered pricing structures, laying the groundwork for scalable and customer-centric growth.
“We selected SunTec after a rigorous evaluation process. This collaboration marks the next step in strengthening our already robust platform for business banking and mid-sized corporate clients. SunTec’s sophisticated pricing engine will enable us to continue to respond dynamically to our customers’ evolving needs, streamline our billing processes, and ultimately deliver even greater value across our offering,” concludes Dhiren Mansingh, Head of Business Transactional Banking at Investec.
With the SunTec Investec Bank partnership, Investec aims to transform corporate pricing and billing—delivering smarter services and scalable growth capabilities.
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