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Welcom Software signs deal with North East Lincolnshire Council

The Welcom Software Group, supplier of class leading solutions in loan management software, eCommerce, financial accounting and retail software has been appointed by North East Lincolnshire Council to provide the commercial lending software solution for its Loan Fund scheme.

Designed to help new enterprises to develop and support existing ones, the Loan Fund supports residents across the North East Lincolnshire area by offering commercial loans. Welcom's leading commercial lending software Financier will be implemented to manage all loan applications across the entire life cycle, from new applications through to collection processing.

Developed in conjunction with some of the UK's key financial services organisations, Financier is a leading loan management software solution with a proven track record in the finance industry. Offering North East Lincolnshire Council both the flexibility and scalability they need, Financier will be implemented to further streamline business processes and improve and enhance data capture and management reporting. As Financier automatically manages and completes processes such as payment plans, direct debit collections and credit scoring, the process of applying for a loan and the ongoing management will also become more efficient.

Speaking about the new addition to the Welcom Software client portfolio, Nigel Corp, Chief Operating Officer said: "We are thrilled to add a client like North East Lincolnshire Council to our portfolio. Our leading Financier solution provides the council with the flexibility they need to meet current business practices today and the development potential to meet its changing business needs tomorrow. Easily configurable, Financier is designed to help businesses improve their loan management continuously and is also future proofed against ever-changing legislation and market demands. We look forward to a great partnership with North East Lincolnshire Council."

Founded in 1978 Welcom Software specialises in providing market leading business software solutions, both customised and off the shelf, to the finance, retail and eCommerce sectors. The Welcom Software Group was established in 2007, following the strategic acquisition of e-inbusiness, a leading eCommerce and eMarketing specialist. Group clients include: Kaupthing Singer & Friedlander Ltd, Redkite Money, The Loan Store, Airdrie Savings Bank, New Look, Farrow & Ball, Radley and The Conran Shop.