VUE Software Receives Positive Rating from Leading Analyst Firm
Coconut Creek, Florida, 03/23/2010 – VUE Software, a leading provider of Insurance Compensation Management and Sales Performance Management solutions, today announced that it received a positive rating in Celent’s report, “Insurance Distribution Management Systems: Seeking a Bigger Piece of a Smaller Pie”. Celent based its ratings on the systems’ technology and technical flexibility, breadth of functionality, customer base, and depth of client services and solutions.
With in-depth experience in technology solutions for the insurance industry, VUE Software is able to deliver agile, end-to-end solutions that seamlessly integrate with multiple business models. VUE Compensation Management, our flagship product, successfully delivers advanced distribution management, agent appointment, commission, hierarchy management and reporting capabilities to insurers. VUE Compensation Management’s service oriented architecture (SOA) allows insurers to benefit from a highly flexible application that is tailored to accommodate all insurance business models and all aspects of the producer lifecycle, from licensing and appointment, incentivizing, communication, monitoring, compliance and service.
“The producer management lifecycle is characterized by multiple activities and numerous handoffs,” says Mike Fitzgerald, senior analyst with Celent’s Insurance group and author of the report. “Distribution solutions that increase coordination and consistency improve agent service, decrease expenses, and attract business.”
Customers of VUE Compensation Management are highly positive references and have achieved impressive results in savings and business growth. In the past two years, the VUE Compensation Management customer base has grown significantly and revenue from the solution has more than tripled. VUE Compensation Management stands alongside even the longest-standing competitor solutions and is emerging as the market leader for distribution management systems in the insurance vertical.
“By delivering innovative insurance-focused solutions, VUE Software has grown our customer base and shown a strong history of creating long-term client relationships,” said Joseph Westlake, Vice President, Computer Solutions and Software International (CSSI), a privately held software integration and development firm and parent company to VUE Software. “This positive rating from Celent is a testament to why our clients choose to work with us year after year: we deliver a high-quality distribution management solution that brings tremendous value, and we back it up with more extensive industry expertise than any other vendor.”
Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally experienced analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is part of Marsh & McLennan Companies [NYSE: MMC].
About CSSI and VUE Software®
VUE Software® is the product division of Computer Solutions and Software International (CSSI) dedicated to providing industry-specific business technology solutions to companies in the insurance, healthcare, and construction verticals. Because they are tailored to the needs of these particular industries, our solutions are different from one-size-fits-all performance management and compensation suites such as enterprise incentive management (EIM) and sales performance management (SPM) solutions. VUE Software’s solutions allow companies to manage strategic incentive plans, automate producer administration and organize complex data and contractor policies, resulting in greater administrative efficiency and improved sales performance. For more information about VUE Software, please call 1.877.4.VUESOFT or visit www.vuesoftware.com.
4800 Lyons Technology Parkway, Suite 4
Coconut Creek, FL 33073
VUE Software® is a registered trademark of Computer Solutions & Software International, Inc. All other registered trademarks or service marks belong to their respective companies.