London – December 8, 2004 – Surecomp, a leading solution provider to the global wholesale banking and financial industry, announced today that Charterhouse Group International has become the first to license the ASP version of Surecomp’s Hi-Finance factoring and invoice discount solution.
Established in 1989, Charterhouse Group International is an industry leader in providing limited company structures and has obtained an enviable reputation for providing a professional, highly confidential and reliable service in all aspects of their business.
Charterhouse focuses on offering support to the temporary recruitment market. The Group’s market leading status is supported by its efficient service that enables Charterhouse to process hundreds of millions of pounds of invoicing per year on behalf of thousands of contractors.
“Our products and services have been developed over a number of years with the advice of top, independent professionals,” comments Mervyn Donnell, Senior Project Manager at Charterhouse. “We pride ourselves on the level of expertise and operating procedures of our products, and by adapting our services in line with changing regulations we are able to pass on peace of mind to our customers”.
“Surecomp’s Hi Finance ASP factoring and invoice discount service was chosen because it will allow our new enterprise, Charterhouse Commercial Finance, to focus on its core business. With Surecomp providing hardware and software, we are able to take advantage of their factoring knowledge at a favorable cost,” continued Mervyn Donnell.
Commenting on the selection of Surecomp’s Hi-Finance ASP factoring and invoice discount solution, Bryan Martin, Surecomp Vice President said, “Hi-Finance was selected through an intensive evaluation process involving the top UK factoring software providers. The evaluation process took into account our policy on functionality, system robustness, support provision and underlying business stability. It came as no surprise that Hi-Finance came out on top on all counts.”
“We see the selection of the ASP version of Hi-Finance by Charterhouse as the first of many such deals we have in the pipeline as businesses start to exploit the technologies, processes and expertise of Surecomp as well as other leading providers of enterprise applications, without having to make an investment in technology. Coupled with this is the fact that the software and hardware is set up to function 24/7 thereby ensuring a reliable and cost-effective service,” continued Bryan Martin.