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ACOM e-Business Division Promotion Offers ACH Module Free with EZPayManager Payment Solution Purchase.


LONG BEACH, Calif. -- During a limited-time promotion period extending to December 31, 2004, purchasers of the ACOM (language) ACOM - An early system on the IBM 705.

[Listed in CACM 2(5):16 (May 1959)].
 Solutions, Inc. EZPayManager payment management solution will receive ACOM's ACH electronic payment module free of charge, enabling them not only to generate secure 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 checks on blank security check stock, but also to deposit payments directly into vendor and employee bank accounts, it was announced today by Sam Mikhail, vice president - sales of the ACOM e-Business Division.

Both check and direct deposit operations are accomplished within the same payment run, Mikhail said. The cost of the bundled software package will be $6,995.00, including the ACH module, which is a $2,995.00 value. Purchased separately, the combined cost would be $9,990.00.

"With this unique promotion, businesses that act quickly can achieve great flexibility in their payment operations at an exceptionally low price," Mikhail said. "They can almost immediately dispense with preprinted check forms and move over to MICR laser check processing, saving up to 75 percent on the cost of each check produced. Moreover, industry figures reveal that ACH direct deposit disbursements cost only about 20 cents per payment, so with this offer, they can blend electronic payment into their disbursement DISBURSEMENT. Literally, to take money out of a purse. Figuratively, to pay out money; to expend money; and sometimes it signifies to advance money.
     2.
 mix and save even more. The rapidity of the ROI (Return On Investment) The monetary benefits derived from having spent money on developing or revising a system. In the IT world, there are more ways to compute ROI than Carter has liver pills (and for those of you who never heard of that expression, it means a lot).  is truly impressive, often as little as a few months."

Many ACOM ACH module users also opt for the company's Vendor Registration module, a packaged multi-dimensional process that speeds and simplifies the conversion of vendors from the customary payment by check to direct deposit, which results in significant savings for both the payer and payee The person who is to receive the stated amount of money on a check, bill, or note.


payee n. the one named on a check or promissory note to receive payment.


PAYEE. The person in whose favor a bill of exchange is made payable.
, Mikhail said. And rounding out the electronic payment process, ACOM also offers an automated email remittance module that dispatches remittance advice directly to the payee's e-mailbox as part of the payment run. Both modules are priced at $2,995.00 each.

"Through ACH direct deposit and automated e-remittance, controllers improve the precision of their precise cash management practices while providing payees with the ability to know exactly when funds will arrive in their accounts," Mikhail said. "There's no longer any question of mail delays or theft or loss of checks. The process is secure and convenient. It saves processing time on both sides of the transaction as well as time normally spent on trips to the bank."

ABOUT ACOM SOLUTIONS, INC.

Now in its 21st year of business, ACOM is a leading software organization with offices and solution partners worldwide. The company develops, markets and implements advanced modular software systems for e-payment management, 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
 EDI/XML e-commerce management and e-document output management. Its award-winning solutions integrate seamlessly with enterprise applications such as 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.  and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization.  to optimize back-office and B2B processes. ACOM maintains corporate headquarters in Long Beach, California Long Beach is a city located in southern Los Angeles County, California, USA, on the Pacific coast. It borders Orange County on its southeast edge. It is about 20 miles (30 km) south of downtown Los Angeles.  and iSeries (AS/400) Division headquarters in Duluth, Georgia. The company has regional offices located in several major U.S. cities and it maintains partner relationships throughout the world. For more information, visit www.acom.com/payments.
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Sep 13, 2004
Words:494
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