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Description:Headquartered in Thiruvanathapuram in India, SunTec Business Solutions was founded by K. Nand Kumar in 1990. He is also the current president and the CEO of SunTec.

The company specializes in building customized and centralized billing solutions and relationship-based pricing solutions targeting the Banking, Financial and Insurance sectors. They also have convergent pricing and billing solutions which basically target the communication and media industries. Suntec also caters to the needs of utilities companies by its advanced data management and customer information processing software.

With almost three decades of solid experience in providing solutions to billing and pricing problems, expert consultants from SunTec, who have excellent domain knowledge, keep in mind ever-changing business dynamics and help provide customers with solutions that match their exact requirements. The company is the market leader in providing enterprise value management solutions to customers; ensuring 100% client satisfaction and empowering company employees, resulting in value added services for stakeholders. The company offers its services across India and throughout other parts of the world through offices in Bangalore; in New Jersey, USA; in London, England; and in Frankfurt, Germany. They are also targeting the south-east Asian market through their presence in Singapore and in Sharjah.

The main features included in all the SunTec products include the enterprise product catalogue which includes billing, rate, customer care, voucher management and correlation. On top of these are core new plug-ins and functionalities that are added to come up with solutions for different verticals.

The flagship project of SunTec is called the Transaction Billing Management System (TBMS). The TBMS targets the banking and financial sectors. The billing system helps the aforementioned sectors in coming up with flexible pricing models for generating noninterest revenues, improving client satisfaction by customizing their products and pricing based on customer needs, and improving efficiency by coming up with methods like centralized billing. Furthermore, the system helps in finding ways on how to expand faster to accommodate the increasing customer base.

Convergent pricing and billing software for media and entertainment, on the other hand, helps in planning a quick launch of value added services, streamlining the revenue process by controlling the problems like revenue avoidance, and helping the companies in coming up with personalized packages which will help boost customer ownership.

SunTec is world’s first Billing company to have successfully complete the CMMI-5 certification. The company is also included in the NASSCOM 2006 and 2007 list of the top 100 IT innovators.

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