Skandia has started using find processing provider Milestone’s pControl rebates solution, Mondovisione reports. The pControl Funds Processing platform provides Skandia a solution to the rebates issue, allowing it to give rebates in cash or units without a need to re-engineer current processes.
Skandia, which is currently implementing pControl under a three-phase program, is the first firm to go live on it. Through pControl, the Swedish insurance company will see gains in accuracy, efficiency and control in the administration, management and delivery of the rebates process.
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