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Surecomp meets the Challenge promise

mplements allFAC on time, within budget

Surecomp, a leading provider of supply chain solutions and trade finance solutions for the global financial services community, announced today that UK-based Challenge Finance Limited is in full production with allFAC, Surecomp’s Java J2EE supply chain solutions solution.

Challenge Finance selected allFAC earlier this year, in replacement of another vendor, who failed to deliver the Challenge requirements.

“While we were more than delighted with the power, versatility and functionality of allFAC, the true test of a vendor’s worth is their ability to meet implementation schedules. I am delighted with the positive response we received from Surecomp and the their adherence to rigid project milestones” commented Challenge Finance’s Jim Beck

Offering his congratulations to Challenge Finance, Lee Kingshott, Surecomp’s general management – supply chain solutions solutions emphasized Surecomp’s commitment to customer support “Surecomp’s highly coordinated, professional implementation services teams ensure that projects are live and operational on time and on budget, and moving forward that customers receive the highest possible level of on-going support.”

About Challenge Finance Limited
Established in 2001, Challenge Finance [www.challengefinance.co.uk] specializes in factoring and invoice discounting to the SME market throughout the United Kingdom

About allFAC
allFAC provides extensive functionality in the areas of domestic and export factoring, invoice discounting, inventory finance, floor planning, scheduled liquidations and other asset-based finance. allFAC includes a wide range of features that support worldwide best practice and the ability to conform to local legislation. With the flexibility to enable these features as required,allFAC is guaranteed to offer a complete solution to all asset-based financiers.

About Surecomp
Established in 1987, Surecomp [www.surecomp.com] is a market pioneer with a proven track record delivering innovative solutions to major banks and financial services providers worldwide. With a global network of regional offices and state-of-the-art development centers, Surecomp successfully supports hundreds of installations in more than 60 countries. Surecomp’s integrated portfolio of receivable management and trade finance solutions streamlines the transaction lifecycle to minimize costs and maximize profits.