Finvi's Flagship SaaS Product, Velosidy®, Continues to Gain Momentum Following General Availability
BURLINGTON, Mass., Feb. 12, 2025 /PRNewswire/ -- Finvi, a leading provider of enterprise workflow automation software built to accelerate revenue recovery and simplify the payment process, has announced that following last fall's GA launch of its new SaaS collections and payments platform, Velosidy®, nearly a dozen clients have signed, leading the charge into a new era of collections innovation.
This first wave of clients was attracted to Velosidy for numerous reasons, primary among them improved agent efficiency, more easily configurable workflows, built-in, always-on compliance, and enhanced integration to not just third-party vendors but simplified data-loading processes. Each of these new Velosidy customers recognized how this innovative platform clears a path to their operational goals in the years ahead.
"There are many reasons we're excited to move over to Velosidy," said Liesl Ann Barkley, CEO/Owner of National Business Factors (NBF). "The flexibility of being on configurable software where changes can be made to the system as needed without complex coding is a key factor for us, along with getting the superior built-in compliance guardrails that we've come to expect with Finvi."
For The SOS Group, the third-party integrations enabling an ecosystem of data exchange is high on the priority list. "The automated ELT [Extract, Load, Transform] functionality in Velosidy will not only improve the speed of the process, but also improve our data quality," said Steven Scharfeld, President at The SOS Group. "We're equally impressed with the reporting and dashboard capabilities we'll have within the application that will provide us deeper insights at the agent, agency and client level."
Finvi developed its new platform to help agencies move beyond the limitations their current collections software imposes as they age. Through monthly updates, flexible configurations, AI-driven segmentation, a native payments solution, and a full partner ecosystem, Velosidy modernizes collections efforts while reducing costs.
"These progressive business leaders recognize the role that Velosidy will play in carrying their established organizations to the front of the pack in what is going to no doubt be a much more highly competitive environment over the next several decades," said Tim O'Brien, Finvi CEO. "We set out to develop a collections and payments platform that would increase revenue while simultaneously lowering the costs to collect. Velosidy delivers on both fronts by providing organizations with improved agent performance and overall greater efficiency while at the same time bringing the cost savings of a SaaS platform."
To learn more about Finvi and the General Availability of the Velosidy platform, visit www.finvi.com.
About Finvi
For 45 years, Finvi has been the premier provider of enterprise technologies that streamline and accelerate revenue recovery for clients across healthcare, accounts receivable management, and financial institutions. Our innovative solutions are built on a dedicated approach to innovation and service. Through process automation and modern, compliance-minded communication and payment tools, Finvi enables thousands of clients to generate more revenue at reduced costs and fulfill their business goals by effectively engaging those who pay. Visit finvi.com to learn more.
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SOURCE Finvi