| THIRD EYE SOLUTIONS INC. Company Profile | |||
|---|---|---|---|
| Company Name | Third Eye Solutions Inc. | ||
| Establishment Number | 234567106254 | ||
| Website | Visit Third Eye Solutions Inc. Website | ||
| Phone | 866-263-2903 | ||
| Established Year | 2001 | ||
| Province | Ontario | ||
| Address | 6511B Mississauga Rd MISSISSAUGA,Ontario L5N 1A6 |
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| Business Activity | Services | ||
| Conatct Person | Geetha Krishnamurthi (Partner/Associate - VP Client Services) | ||
| Phone Number | 866-263-2903 | ||
| Fax Number | 905-286-5172 | ||
| Country of Ownership | Canada | ||
| Third Eye Solutions Inc. Company Services | |
|---|---|
| Service | Service Description |
| Commission Advances: Real Estate | The Real Estate industry is a key cog in the North American economy, accounting for a sizable portion of the GDP across The US and Canada. The primary business involves the buying, selling, leasing, renting, and management of commercial, industrial, and residential properties. Two of the key stakeholders in this industry are the brokerage firms and the realtors who facilitate the aforementioned real-estate transactions. A key component of the business is management of the commissions earned by realtors. The industry is inherently fast-paced and the turnover of realtors is high. Retaining good realtors is critical for brokerages to remain competitive. A large component of this is offering flexible commission advance programs to keep realtors happy. Third Eye Solutions provides one of the only software platforms in the industry that is exclusively tailored to manage these commission advances. Many brokerages have relationships with third party finance companies that offer commission advances, while others have their own programs. Managing these commission advances requires timely disbursement, payment collection, and the ability to seamlessly track transactions across the entire cycle of a real-estate sale and/or purchase. Third Eye Solutions' tailored platform has been designed specifically with these requirements in mind. In keeping with our tradition of creating end-to-end systems for niche financial verticals, our commission advance system allows for maximum automation, unrivaled simplicity, and granular controls and reporting for risk mitigation. |
| Healthcare | Among the most pressing issues affecting the current generation is the rapidly changing demographic landscape. With the baby boomer generation now routinely exceeding the average life expectancy of the year they were born by a wide margin, there is an increasing demand for policies and services tailored towards this population. Tantamount to this is the increasing demand on health care providers to provide health care services to people with varying financial requirements. Healthcare financing businesses help fill this demand by offering patients flexible payment plans to cover the cost of their healthcare treatments. Third Eye's healthcare lending platform provides healthcare financing providers with the technology they need to oversee their operations. The system is designed to keep patient records private/confidential, to facilitate rapid decisions based on credit assessments, and to enable an automated tracking mechanism for payments and communication. |
| Insurance Premium Financing | The Premium Finance industry is an essential segment of the economy that allows individuals and businesses afford their insurance premiums by spreading the cost of these premiums over the term of the policy. Companies that provide this type of financing require a specialized system capable of managing the financial intricacies of this lending model and regulatory compliance Third Eye Solutions' Premium Finance Software is a state-of-the-art system that allows businesses to launch and manage their portfolio of premium finance loans with confidence and low-overheads. The platform is designed to meet the needs of all stakeholders in the premium financing model, namely the insurance agents/brokers, the company underwriting the policy, the insured, the users at the finance company, and the banks providing the funding facility. Designing a system for the premium finance industry requires intimate knowledge of the insurance market space and a robust understanding of the governing regulations of each State. Ensuring that clients remain legally compliant and competitive at all times is a key component of the company's software platform. The Third Eye system allows users to book loans with ease, carry out day-to-day operations, and monitor portfolio performance, all with just a few easy clicks of the mouse. The system is designed to facilitate maximum automation in all of the processes associated with premium finance portfolio management. The system can be customized and configured to meet the needs of finance companies of all sizes. Third Eye Solutions has worked with startups, insurance agencies, insurance wholesalers, independent finance companies, and banks; all of whom have testified that the Third Eye system far exceeded their expectations. |
| Niche Verticals | With a suite of highly specialized management systems designed to manage portfolios of complex loan structures, Third Eye Solutions has a proven record of assisting businesses in getting to market rapidly with their niche financing models. The functionality across most financing systems is standard, but Third Eye gives businesses the edge they need by focusing on the intricate nuances. In helping businesses launch their niche financing verticals, Third Eye is able to offer best in-class service because it employs a team of specialized experts, highly knowledgeable in all aspects of financing. Leveraging our team's expertise, we are able to provide low cost systems that maximize our clients' rate of return. With over 15 years of designing and tailoring flexible loan management systems, Third Eye has the experience to build a custom system that anticipates requirements you may not have even thought of yet. |
| Receivables Factoring | In today's increasingly dynamic business environment, there are a plethora of financial tools available to businesses to create financial flexibility. Among the tried and true methods for creating additional cashflow is receivables factoring. A factoring transaction is where a business sells its invoices to a third party company in order to receive payment upfront. The third party company (“factor”) will advance the the money to the business, take over management of the receivables, and charge the business a fee for the service. Managing this niche vertical requires technology designed with this business model in mind, tailored specifically to facilitate a simple workflow. Third Eye Solutions' factoring software gives clients the tools they need to effectively and efficiently manage their factoring business. The system allows users to track purchased invoices across their entire life cycle, ensuring a smooth administration process and mitigating risk. The simple user interface houses a vast repository of data and reports, providing clients with real-time information to enable better decisions. Designed with flexibility in mind, the system provides users with the capability to adapt to market needs, stay competitive, and automate communication with clients and other stakeholders. |
| Vehicle Service Contracts | Managing a portfolio of vehicle service contracts (VSC) requires a tailored system capable of integrating dealers, clients, the underwriting program, and the finance company. Third Eye Solutions is the sole provider of a solution specifically designed to handle the intricate relationships between all stakeholders in this business model. Third Eye Solutions' Vehicle Service Contracts software is a flexible, yet a comprehensive system that can easily be tailored to align with varied functional needs and mapped directly to business objectives. The platform establishes the integral framework for mitigating risk, ensuring regulatory compliance, and essential reporting. |
| Third Eye Solutions Inc. Company Business Activity | |
|---|---|
| Activity ID | Activity |
| 541510 | Computer Systems Design and Related Services |
| 511210 | Software Publishers |
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