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 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.