K Nanda Kumar
Founder, President & CEO SunTec Business Solutions
Please tell us about your company?
SunTec Business Solutions helps clients increase the lifetime value of their customer relationships through effective revenue management and real-time customer experience orchestration. With a legacy of deployments in 58 countries, SunTec is a trusted partner of the world's leading banks and digital and communication service providers. Headquartered in India, we have our offices in USA, UK, Germany, UAE and Singapore.
SunTec has a team comprising of highly skilled individuals working with innovative product development models.
One such product that SunTec is proud of is Xelerate, which is an incredibly stable, mature and flexible product suite, benchmarked regularly for optimum performance. Xelerate continues to develop along with the market seamlessly integrating with any ecosystem, making it one of the fastest products to implement.
What services you are offering in India?
SunTec, from an India stand-point, is working with top Indian banks and helping them prepare ahead of the GST rollout on 1st July. GST will no doubt impact banks and financial institutions across multiple dimensions. Under the GST regime, the aspect of recognizing revenues, procurements and credits would need to be revisited. SunTec, through its Xelerate for GST solution, will be a partner to the bank in meeting the planned roll out this year. This 'out-of-the-box' solution with preset rules and definitions can be easily configured and will offer centralized management of information, simplified processes and easy identification, segregation, application, reversals and consolidation of charges.
What is your USP and what differentiates you from your competitors?
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