Easylink Services (NASDAQ:EASYE)
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From Jun 2019 to Jun 2024
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 Cedar Mortgage
Corporation has selected EasyLink's FaxMail Gold Service to eliminate
fax machines within their company along with the manual business
processes associated with sending and receiving loan documents as
paper.
Cedar Mortgage is a licensed mortgage broker in Maryland and
Washington DC, providing a wide range of residential real estate
financing options in these fast-growing housing markets. Prior to
selecting EasyLink, the Cedar Mortgage team relied heavily on
traditional faxing to process a variety of documents including
mortgage applications and supporting documents, as well as interest
rate information sheets. They were looking for a more cost-effective
and efficient method of processing documents and communicating with
customers and staff that would not demand deep investment of capital
in hardware or software as well as technology management. EasyLink has
extensive experience helping companies in the mortgage business
automate key business processes.
Cedar Mortgage has incorporated EasyLink's FaxMail Gold Service
into its corporate infrastructure, eliminating fax machines as well as
the need to invest in fax servers. By choosing EasyLink's solution,
Cedar Mortgage has experienced improved efficiency and productivity
while reducing costs of hardware maintenance, supplies and
requirements demanded by traditional faxing. The company can now send
and receive faxed documents as e-mails and complete the processing of
numerous forms and important communications without spending the time
and manual labor that was previously required to do it.
Keith Thompson, Comptroller of Cedar Mortgage commented: "FaxMail
Gold was easy and cost-effective for us to deploy throughout our
business. It provided immediate access to a digital workflow, helping
us reduce our cycle times, as well as our costs." "The goal of
attaining a 'paperless' office and reducing the reliance on faxes has
proved elusive for many businesses due to internal business processes
and limits on capital spending," said Bill Fallon, VP Marketing at
EasyLink. "EasyLink's FaxMail Gold Service empowers businesses to
upgrade and advance their operations without demanding the deep
technological expertise or capital to do it."
EasyLink's FaxMail Gold
(http://www.easylink.com/faxmail/index.cfm) Service enable users to
send or receive transactions as faxes directly from their desktop
workstations. Traditional faxing burdens businesses with a highly
inefficient workflow, which involves needlessly printing documents
just to fax them and consumes employee time. EasyLink has estimated
the total cost of faxing a two-page document domestically exceeds two
dollars when all of these costs are taken into account. EasyLink's
solutions reduce these costs up to 90 percent.
FaxMail Gold (http://www.easylink.com/faxmail/index.cfm) requires
no additional hardware or software to deploy or manage and eliminates
the hard dollar costs of fax machines including their cost of
acquisition, maintenance, monthly dedicated telephone line charges,
paper, and toner. To send a fax, users simply address an e-mail
message, including attachments, addressed to the intended recipient's
fax number @faxmail.com. Receiving faxes is as easy as clicking on an
e-mail attachment containing the fax. Each customer receives a
personal toll-free or local fax number to which faxes are sent and
transformed into an e-mail attachment delivered by EasyLink to the
user's e-mail address. For more information or to order FaxMail Gold,
call 800-624-5266 or visit www.easylink.com/faxmail.
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.
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.