ADP to Unveil New Open Information Exchange Technology at NACE; Claims Gateway Feature Will Revolutionize Claims Processing.Business Editors SAN RAMON San Ramon (Spanish for "Saint Raymond") may refer to one of the following places:
ADP (1) (Automatic Data Processing) Synonymous with data processing (DP), electronic data processing (EDP) and information processing. (2) (Automatic Data Processing, Inc., Roseland, NJ, www.adp. (R) will unveil its new open information exchange technology at the NACE NACE National Association of Colleges and Employers (Bethlehem, PA) NACE National Association of Corrosion Engineers NACE National Association of Catering Executives NACE National Association of County Engineers 2001 convention in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. . This technology, featured in ADP's Claims Gateway suite of services, will revolutionize rev·o·lu·tion·ize tr.v. rev·o·lu·tion·ized, rev·o·lu·tion·iz·ing, rev·o·lu·tion·iz·es 1. To bring about a radical change in: Television has revolutionized news coverage. 2. the automotive claims process by allowing a truly connected, open-standards environment for the first time. "We're doing more than just embracing open standards Specifications for hardware and software that are developed by a standards organization or a consortium involved in supporting a standard. Available to the public for developing compliant products, open standards imply "open systems;" that an existing component in a system can be replaced ," said Gary Nixon Gary Nixon (Born on January 25, 1941, in Anadarko, Oklahoma) is an American motorcycle racer who most notably won the AMA Grand National Championship in 1967 and 1968. He is also a former winner of the Daytona 200 motorcycle race, claiming a victory in the 1967 event. , senior vice president of ADP's automotive claims services. "We are the only information provider in this industry that touches all points in the claims process -- insurers, collision repairers, auto recyclers, rental car companies, new car dealers, and others. Open standards aren't the point -- the point is to use open standards to actively facilitate the connection of all these parties." Said Hinda Chalew, vice president of product management, "We conceived Claims Gateway to directly connect all the diverse businesses we touch at ADP. We envision an accessible, end-to-end system that streamlines the claims process for everyone including, ultimately, the consumer who files an automotive claim." Claims Gateway is a group of services that provides a communication link among all participants in the automotive claims process. It helps manage customer claims and bring them swiftly to resolution, reducing cycle time and its associated costs. Open information exchange will be the first introduction resulting from ADP's acquisition of AutoVista(TM). This feature provides the infrastructure for the communication link, enabling users to send assignments, estimates, and notifications to all concerned parties regardless of the estimating system used. It provides immediate cost savings and productivity enhancements, and will deliver additional future value with consolidated reporting and comprehensive auditing capabilities. Industry partners will be expected to agree to security and other licensing requirements. ADP anticipates release to the market late in the second quarter of 2002 and will continue to provide more detailed information to the industry as the project evolves. The open information exchange feature of Claims Gateway benefits all parties in the claims process: -- Collision repairers not only can select a single estimating system of their choice, they also can create claim files with images and estimates to help them run their businesses more effectively. -- Insurers can consolidate information from all Direct Repair Program (DRP) participants for comprehensive reporting and auditing, and support DRP partners' desire for a single estimating platform. -- Business partners -- auto recyclers, towing and rental companies, glass companies and others -- can be an active part of the process for the first time and can actively connect to each other during the resolution of a claim. Each plays a critical role in the repair cycle and each can impact cycle time. -- Consumers benefit from streamlined processing and better communication that shortens repair time. "Our clients conveyed their vision to us and we responded," added Nixon. "This is clearly what the industry wants and we are committed to providing it. Our financial strength makes us well positioned to execute our strategy. And with our product offerings, including our new releases of Shoplink(R) with integrated imaging, and PenPro(R), we are confident we can win in the marketplace by providing true end-to-end solutions (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for our clients." ADP Claims Services Group, a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Automatic Data Processing Same as data processing. , Inc. (NYSE NYSE See: New York Stock Exchange : ADP), is a leading provider of integrated business solutions for clients in the property and casualty, general health, collision repair and automotive recycling industries. ADP, with approximately $7 billion in revenues and over 500,000 clients, is one of the largest independent computing services firms in the world. ADP Claims Services Group is headquartered at 2010 Crow Canyon Place, San Ramon, Calif. 94583; 925/866-1100. |
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