Continental Business Credit Selects EasyLink's Production Messaging 2.0 Service for Invoice and Statement Distribution
September 22 2005 - 7:30AM
Business Wire
EasyLink Services Corporation, (NASDAQ: EASYE), a leading global
provider of outsourced business process automation services that
transform manual and paper-based business processes into electronic
business processes, today announced that Continental Business
Credit has selected EasyLink's Production Messaging Service to
distribute accounts receivable statements to customers. Continental
Business Credit provides asset based financing to manufacturing and
service businesses, old line factoring services as well as accounts
receivable management services to companies requiring expertise in
establishing credit or collection policies and procedures.
Continental Business Credit has incorporated EasyLink's Production
Messaging 2.0 Service into its monthly statement distribution
process, replacing a manual process involving paper documents and
distribution through the postal mail. Now, statements are sent
directly from Continental's operational systems through EasyLink,
reducing the time, cost, and effort associated with this critical
business process. Financial institutions worldwide use EasyLink
Production Messaging 2.0 Service to eliminate or reduce the number
of steps and degree of human intervention involved in producing and
distributing business documents such as letters of credit, funds
transfers and statements, among many others, gaining the benefits
of lower cost, greater productivity, easier regulatory compliance
management, and improved customer service. Diane Castro,
Continental's IMS Manager commented: "EasyLink's solution was quick
and easy for us to implement, and provides a better way for us to
send statements to our customers rather than using the regular
mail." Bill Fallon, EasyLink's Vice President of Marketing added:
"EasyLink Production Messaging 2.0 Service is a great alternative
to preparing and mailing paper statements. Not only can it lower
costs, but it also reduces the cycle time of a payments process,
another key financial metric." EasyLink Production Messaging 2.0
Service is a next generation business process automation solution
for electronic distribution of high volumes of transaction
documents originating in back office systems to a multiple
destinations, typically as fax or e-mail messages. Customers can
choose from a range of formatting options for submitting data to
the EasyLink network as well as from a full set of data conversion,
business rules and compliance checking capabilities, multiple
options to secure the content of messages, archive and retrieval
functions and message delivery via fax, e-mail, or other message or
data formats. Once customers choose the level of automation and
functionality required, EasyLink configures a custom solution
tailored to their exact needs. About EasyLink Services Corporation:
EasyLink Services Corporation (NASDAQ: EASYE), headquartered in
Piscataway, New Jersey, is a leading global provider of outsourced
business process automation services that enable medium and large
enterprises, including 60 of the Fortune 100, to improve
productivity and competitiveness by transforming manual and
paper-based business processes into efficient electronic business
processes. EasyLink is integral to the movement of information,
money, materials, products, and people in the global economy,
dramatically improving the flow of data and documents for
mission-critical business processes such as client communications
via invoices, statements and confirmations, insurance claims,
purchasing, shipping and payments. Driven by the discipline of Six
Sigma Quality, EasyLink helps companies become more competitive by
providing the most secure, efficient, reliable, and flexible means
of conducting business electronically. For more information, please
visit www.EasyLink.com. About Continental Business Credit, Inc:
Continental Business Credit is a provider of asset based financing,
factoring, credit protection, accounts receivable management and
lending services. We tailor financial solutions that help companies
in various manufacturing or service businesses improve cash flow,
reduce operating expenses and eliminate customer credit losses. To
learn how you can put the resources at Continental Business Credit
to work for your company call (818)737-3700 or visit us on the web
at www.cbcredit.com. This news release may contain statements of a
forward-looking nature relating to the future events or the future
financial results of EasyLink. Investors are cautioned that such
statements are only predictions and those actual events or results
may differ materially. In evaluating such statements, investors
should specifically consider the various factors which could cause
actual events or results to differ materially from those indicated
from such forward-looking statements, including the matters set
forth in the Company's reports and documents filed from time to
time with the Securities and Exchange Commission.
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