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Technology 2013-06-18 2 min read

Red Planet Software Releases Mobile Application for Premium Funding Providers

Mobile technology offering greater flexibility and speed in application processing.

BRISBANE, AUSTRALIA, June 18, 2013

Red Planet Software, a leading provider in Premium Funding and Professional Fee Funding applications, today announced the release of its iPhone application for its Odyssey Premium Funding solutions. The iPhone application will enable all funders, brokers and insurers that use Red Planet's solution greater flexibility for processing and approving premium funding for their clientele.

The application provides premium funding repayment calculations and integrates with real-time approval processes, and electronic client authorisations. This will significantly reduce the time it takes to process applications and streamline the associated administrative tasks involved. The new mobile technology is seamlessly integrated with back office financing and banking systems and delivers a complete end-to-end solution from broker to client to funder.

The Red Planet application is the next step in enhancing its cloud based and mobile solutions for the financial services industry. "We're excited to see the rollout of this application to our clients. It gives them the flexibility to be more mobile and responsive to client needs," says Peter Williams, CEO of Red Planet Software. "We continually aim to deliver innovative solutions to our clients and this app will enable give their teams the technology at their fingertips."

Red Planet Software has worked closely with leading Funding provider organisations to deliver this mobile application. It is available to all current clientele and new Premium Loan Funders, Insurers and Brokers on request. (Not available in the App Store).

For further information, please contact Red Planet Software on +61 7 3376 6214 or email info@redplanetsoftware.com.

For a demonstration of the iPhone application, please visit http://www.redplanetsoftware.com/?page_id=374

About Red Planet Software

Red Planet Software is a leading provider of customised and cost-effective premium funding, professional fee funding and car loans management applications for the financial services industry. Our solutions and support services help organisations maximise their efficiencies, provide real-time information and take advantage of the latest technologies and innovations while reducing application processing times, data entry and administration.

Our flagship product, Odyssey Premium Funding Software, is the product of choice in the financial services industry within Australia and expanding across the globe. It is fully scalable and can accommodate small in-house funders through to multinational financing companies. Odyssey is one of the only solutions that delivers a complete quote to general ledger solution.

With installations throughout Australia, United Kingdom and New Zealand, Red Planet Software clients include Macquarie Bank, Pacific Premium Funding (a division of GE Capital), Hunter Premium Funding (a division of Allianz) and Lumley Finance (a division of Wesfarmers).

Founded in 2002, Red Planet Software is committed to excellence. With significant investment in research and development, our approach remains responsive and customer-oriented to deliver flexible and reliable solutions for your business.