ACC Collection Agency Adopts Oracle Collections Software

By Randal Jackson, Computer World

The Accident Compensation Corporation has become the first organisation in Asia?Pacific to implement Oracle?s Advanced Collection Strategy, which chief financial officer Phil Burt says will save it many millions of dollars.

Advanced Collections went live at the end of April and the experience indicates the payback time will be less than the originally-estimated 2.2 years, Burt says.

The move across the board to Oracle financials and components of Oracle?s E-business Suite has been a long time in the gestation.

Privatisation of the ACC in 1999 required the organisation to begin gathering premiums from businesses and the self-employed, increasing the number of parties to invoice from 30 to more than 200,000. It turned the ACC into one of the largest invoicing and collection agencies in New Zealand.

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