ACOM Announces Vertical E-Commerce DMV Reporting Solution for Automobile Insurers.Business Editors/High-Tech & Insurance Writers LONG BEACH, Calif.--(BUSINESS WIRE)--Oct. 31, 2000 The departments of motor vehicles (DMVs) of an increasing number of states are mandating electronic communications for reporting insurance company policy information, and in response, ACOM (language) ACOM - An early system on the IBM 705. [Listed in CACM 2(5):16 (May 1959)]. Solutions Inc. has developed an e-commerce solution that fully automates electronic exchange of data between automobile insurance companies and the DMVs, it was announced today by James R. Scott, vice president of sales. The new EDI (Electronic Data Interchange) The electronic communication of business transactions, such as orders, confirmations and invoices, between organizations. Third parties provide EDI services that enable organizations with different equipment to connect. solution, Paragon/AIR (for Automobile Insurance Reporting), is based on ACOM's widely used Paragon/EDI-XML e-commerce solutions. The first implementation was at Countrywide Insurance Co., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , where ACOM implemented Paragon/AIR to comply with the State of New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of DMV's new policyholder information reporting procedures. "DMVs are asking insurance companies to provide information on policies issued, insured vehicles and policyholders, data which is typically found in multiple databases within the organization," Scott said. "We were able to accommodate this complicated data structure and to deliver and fully implement our Paragon/AIR solution under a tight deadline, which demonstrates one of the key attributes of the product -- the ability to implement quickly and economically. "Paragon/AIR complements existing EDI and e-commerce tools by providing an immediate solution to the DMV DMV abbr. Department of Motor Vehicles reporting requirement. It does so with a minimum of resources required from the insurance company, since ACOM assumes the burden of completing the iterative testing process with the DMVs. Countrywide was able to comply with New York's DMV on time and at a minimal cost." Paragon/AIR is a turnkey package built on relational database relational database Database in which all data are represented in tabular form. The description of a particular entity is provided by the set of its attribute values, stored as one row or record of the table, called a tuple. technology that features the ability to access data directly from multiple databases and merge it into the format(s) specified by the respective state DMV, without intermediate flat files, vastly simplifying and accelerating the process. It provides its own document data entry and data management screens, which are operated through a point-and-click, drop-and-drag interface. Data mapping is self-contained within Paragon/AIR, which has excellent data management capabilities and is surprisingly inexpensive. Paragon/AIR self-manages communication and data translation automatically, allowing for 7/24 unmanned EDI operation. Four levels of security can be customized and managed by the users, with query and reporting (Q&R) data management functions separated from EDI configuration and setup activities for additional database security. Paragon/AIR pricing commences at $7,000 for a complete basic system. Options are available. About Paragon E-Commerce Solutions ACOM's Paragon e-commerce solutions enable trading partners to conduct complete business-to-business transactions electronically. Paragon is a scalable, multiple-platform e-commerce suite with a unique Document Database that stores partner response data to facilitate tracking, auditing and reporting. The fully featured solution incorporates mapping, translator, partner management and data management modules in a single integrated package, allowing companies to single-source e-commerce solutions, rather than assemble hybrid systems from multiple vendors. Paragon seamlessly supports XML XML in full Extensible Markup Language. Markup language developed to be a simplified and more structural version of SGML. It incorporates features of HTML (e.g., hypertext linking), but is designed to overcome some of HTML's limitations. , Round Robin OBI, the full range of EDI X-12 documents, EDIFACT (Electronic Data Interchange For Administration Commerce and Transport) An ISO standard for electronic data interchange (EDI) that was proposed to supersede both X12 and TRADACOMS as the worldwide standard. See EDI. documents and proprietary standards. Paperless, real-time Paragon solutions connect partners at the relational database level and are compatible with value-added EDI networks (VANs), proprietary data communications networks and EDI-on-Internet virtual private networks (VPNs). About ACOM Solutions ACOM Solutions is an international developer and marketer of conventional and e-business solutions that integrate with enterprise applications to enhance back-office and B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business processes for electronic, Internet and paper-based commerce. ACOM solutions run in all computing environments (host-resident on Windows NT and AS/400 computers) and are compatible with all financial management and ERP (Enterprise Resource Planning) An integrated information system that serves all departments within an enterprise. Evolving out of the manufacturing industry, ERP implies the use of packaged software rather than proprietary software written by or for one customer. software. Solutions include hardware-software MICR (Magnetic Ink Character Recognition) The machine recognition of numeric data printed with magnetically charged ink. It is used on bank checks and deposit slips. MICR readers detect the characters and convert them into digital data. laser and e-payment systems; electronic data interchange See EDI. (application, communications) electronic data interchange - (EDI) The exchange of standardised document forms between computer systems for business use. EDI is part of electronic commerce. (EDI/XML) solutions for e-commerce between multiple trading partners; Internet-based commerce solutions; and e-document systems for laser printer generation of business and financial forms, checks and barcode labels. Contact ACOM at 2850 E. 29th St., Long Beach, Calif. 90806; telephone 562/424-7899; fax 562/424-8662; e-mail gchurch@acom.com; Web www.acom.com. |
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