HomeChoice Selects PIC Solutions for Risk Management Solutions

Cape Town, 2 December 2004 – HomeChoice, a leading mail order catalogue company, has signed a RiskMentor consulting contract with PIC Solutions.

HomeChoice is the largest home shopping group in South Africa and is involved in the direct marketing of an exclusive range of products both on a credit and a cash basis, through the use of catalogues.

This RiskMentor contract ensures that resources can be used from any area of PIC expertise, including credit risk management consulting, analytics and scorecard development, project management and software services, as and when it is needed. This ensures maximum productivity, combined with fixed monthly budgeting.

Shirley Garratt, Risk Marketing Director, at HomeChoice comments that, “We have enjoyed a close working relationship with PIC Solutions for a number of years and we are delighted to expand this relationship through this RiskMentor. HomeChoice constantly faces new challenges and we need to profitably manage our existing rates of growth with potential future opportunities. Through this RiskMentor we can enhance the products we offer to an ever-changing market.”

Dave Lewis, Director at PIC Solutions, adds, “We are delighted to offer HomeChoice our on-going consulting expertise through this RiskMentor contract. Our experienced consultants can offer HomeChoice their expert skills and knowledge of the industry to effectively optimise new opportunities.”