Default management software company DRI Management Systems says its DRI Office platform is now available as software-as-a-service through cloud computing.
Users of DRI Office can now access the tool over the Internet while the software and data are securely hosted on data-center servers. A base fee provides the platform and a fixed amount of storage and/or computations, and thereafter pricing varies with usage, DRI says.
‘Cloud services are proving to be a valuable approach for companies wanting to make their costs as variable as possible,’ says Fred Melgaard, executive vice president and chief operating officer at DRI. ‘Servicers need every advantage when dealing with defaulting loans, and that includes watching the bottom line.’