FinovateFall 2010 / Capital Access Network

Presenter Profile:

How they describe themselves: For over 12 years, CAN has used leading-edge data, systems and technology, combined with its unique “daily collection” methodology, to deliver innovative financial products, services and technology solutions for the small and mid-sized business marketplace.  Daily remittances are revolutionizing small business financial services:

  • Capital providers can diversify and mitigate risk plus accelerate payments
  • Small business cash flow is supported via smaller, more frequent payments instead of one lump sum monthly payment

Our Daily Remittance Platform encompasses every aspect of the asset lifecycle: sales and marketing, predictive analytics, scoring, underwriting, customer service, risk management, reporting  and more, and integrates the merchant acquiring, merchant processing, small business lending and card issuance platforms of financial institutions via a modular design.

What they think makes them better: CAN’s Daily Remittance Platform is the only end-to-end asset lifecycle management system that facilitates and manages daily payment, remittance and collection methodologies for those extending capital or credit to small and mid-sized businesses.  The DRP platform:

  • Enables users to “plug in” legacy data and systems as needed and use DRP’s flexibility to design their own portfolio performance in advance of going to market
  • Monitors asset performance with real-time updates and adjustments
  • Can be set up for use in any geography, with customizable language, currency, accounting standard compliance, third-party information provider interoperability, address and phone number conventions, etc. Robust reporting and dashboards are included
  • Is available as a hosted service, an appliance, or as a licensed product

Contacts:

Sales: Tom Burnside, COO, tburnside@capitalaccessnetwork.com, 877-500-8282
Press: Diane Naczi, SVP Marketing, dnaczi@capitalaccessnetwork.com, 877-500-8282


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