SPL Launches New Enterprise Tax Management Product
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Financial Software Executive John Andrus Will Lead New Strategic Business Unit
SAN FRANCISCO, Feb. 22 - Capitalizing on the success of its customer care, billing, revenue management and collection system at the taxing authorities of the Netherlands and Mexico, SPL WorldGroup has announced the launch of a new product, SPL(R) Enterprise Tax Management (ETM).
SPL ETM is a secure, taxpayer-centric, commercial-off-the-shelf software product that helps taxing authorities maximize revenue collection.
Leading the SPL ETM strategic business unit will be financial software executive John Andrus, most recently with DFA Capital Management Inc. Previously president of SunGard Energy Systems (formerly Caminus, Inc.), a $70 million division of SunGard Data Systems, he led the development and delivery of energy trading and risk management solutions. Andrus has also held positions at such ERP providers as JGI and Marcam Corporation. He joined SPL in late January 2006 and will be president of the SPL ETM business unit.
Backing Andrus will be long-time SPL executive Supriya Mukhapadhyay, vice president of SPL ETM Operations. Mukhapadhyay has been a major force behind the architecture, development, and delivery of SPL billing systems since he joined the company in 1996. Additionally, Remy deVarenne, most recently with Affiliated Computer Services as an industry expert for tax collections and tax outsourcing, will serve as Director of Business Development.
"Most taxing authorities today use custom-built software," said Andrus. "Those aging systems are increasingly expensive to maintain and difficult to adapt to new regulations and new taxes.
"SPL's product-driven approach represents a major step forward," Andrus continues. "It lets taxing authorities configure the processes they need while maintaining flexibility and lowering total cost of ownership."
SPL ETM is based on SPL's market-leading Customer Care & Billing product, now in use at more than 60 utilities worldwide. Its flexibility, scalability, and low total cost of ownership led PeopleSoft(R) (now a part of Oracle) to include it in a package of products and services designed to help Mexico's Tax Administration Service (SAT) transform its taxation system.
As reported in 2004, the SPL/PeopleSoft package won out over SAP and Oracle after SAT conducted a comprehensive vendor evaluation that included testing each company's solution for three months in a controlled environment.
SPL repeated its taxing authority success in 2005 with a win over similar competition at Belastingdienst, the Dutch taxing authority. SPL's solution will underpin Belastingdienst's Collection Project, an initiative to consolidate and standardize individual taxpayer data generated from over 30 separate tax systems across the country. The SPL system will manage tax collection and refund disbursement for 12 million taxpayers, processing more than 60 million receivables, 90 million payments, and 40 million refunds annually.
"Launching this new strategic business unit marks a milestone for SPL," said SPL CEO Larry Hagewood. "It is a logical extension of our strength in the utility and public sector markets. We look forward to helping governments around the world improve taxpayer services, lower costs, and meet their ever-higher revenue and collection objectives."
About SPL
SPL delivers the proven software applications that help utilities around the world achieve competitive advantage and excellence in business performance, while ensuring a lower total cost of technology ownership. SPL solutions in customer care and billing, enterprise asset and work management, mobile workforce management, and outage and distribution management are specifically designed for energy, water, and service companies. SPL also now offers Enterprise Tax Management, a commercial-off-the-shelf solution for the public sector that offers credit and collections, revenue management and more, in real-time.
Working with systems-integration and technology partners around the world, SPL has an unparalleled record of implementation success. SPL focuses on clients' return on investment and fosters long-term relationships based on confidence and trust. Visit SPL at www.splwg.com or call +1-866-468-6775 (San Francisco), +33-1-4445-6600 (Paris), or +61-2-8258-8200 (Sydney). Within the US and Canada, call +1-800-275-4775.
(C)2006 SPL WorldGroup, Inc. All Rights Reserved. SPL is a trademark owned by SPL WorldGroup B.V. or its subsidiaries. SPL is registered as a trademark in the United States and in certain other jurisdictions. All other trademarks and brand, product and company names herein are used for identification purposes only and are the property of their respective owners.
Source: SPL WorldGroup
CONTACT: Tracey Mitchell of SPL WorldGroup, +1-973-401-7525, tracey_mitchell@splwg.com
Web site: www.splwg.com/
