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Advanced Financial Solutions Partners With SynTel, LLC to Offer Automated Mailing Solution.


Business Editors

OKLAHOMA CITY--(BUSINESS WIRE)--Aug. 30, 2002

AFS A distributed file system for large, widely dispersed Unix and Windows networks from Transarc Corporation, now part of IBM. It is noted for its ease of administration and expandability and stems from Carnegie-Mellon's Andrew File System.

AFS - Andrew File System
 To Deliver AutoMail PRO -- Providing Lowest Available Postage Rates And Improved Mailroom mail·room  
n.
A room in which ingoing and outgoing mail is handled for a company or other organization.
 Efficiencies For Financial Institutions &

Remittance Departments

Advanced Financial Solutions, Inc. (AFS), a premier provider of check image-based application software and Internet delivery solutions, today announced a strategic partnership with SynTel, LLC (Logical Link Control) See "LANs" under data link protocol.

LLC - Logical Link Control
, the industry leading provider of mail automation software, to offer AutoMail Pro, a mail automation solution that is designed to reduce postage expense by up to 30%.

The strategic partnership leverages the proven development expertise, market presence and deployment capabilities of both AFS and SynTel LLC, and establishes a cooperative marketing venture between the two companies.

AFS and SynTel, LLC will blend their industry-leading capabilities and respective technology strengths to offer a breakthrough end-to-end back office / mailroom solution that automates the entire process from check image statement production through automated daily mailings, including statements, annual 1099s, and a variety of daily notices, such as NSFs, Past Due's, and CD Renewals. This comprehensive back-office / mailroom solution enables dramatic cost reductions and significant efficiency gains by combining the automated mailing processes of the SynTel AutoMail PRO solution with the AFS ImageVision image-item processing platform.

AutoMail PRO is easy to use and it saves money. It formats files to match the U.S. Post Office's latest address quality and automated barcode-mailing standards. AutoMail Pro sorts the mail so the Post Office doesn't have to and it qualifies mail for the lowest allowable postage rates. It also enables financial institutions and remittance departments to eliminate third-party mailing firms that add cost and delay mailings. AutoMail Pro automatically counts pages, and calculates the weight and postage of each mail item. It separates mail that qualifies for automated rates from mail that doesn't. Most importantly Adv. 1. most importantly - above and beyond all other consideration; "above all, you must be independent"
above all, most especially
, it eliminates the need to use a postage meter by certifying every step of the process and printing reports the Post Office requires to validate what the financial institution has done and the savings it's earned. This includes CASS CASS Cardiology, cardiovascular surgery A randomized, open label, multicenter trial that compared the outcomes of CABG vs. medical therapy on M&M in Pts with coronary artery disease after an MI. See Angina, CABG, Silent ischemia.  (Coding Accuracy Support System) and PAVE (Presort pre·sort  
tr.v. pre·sort·ed, pre·sort·ing, pre·sorts
To sort (mail) according to Zip Codes before delivering to a post office.
 Accuracy Validation & Evaluation) certifying each step of every mailing.

The AFS agreement with SynTel, LLC, is part of a sweeping series of announcements outlining the company's commitment to improved mail flow processes. "We are excited about our strategic partnership with SynTel, LLC. The AutoMail PRO solution offers true synergy with our check and remittance imaging solutions. We look forward to effectively blending our skills, technology, and product lines to help our customers compete more effectively in the payment processing marketplace," said Gary Nelson
: For the murders, see Gary Nelson murders


Gary Nelson today is a high-level NASCAR technical inspector. He previously was a major component in the DiGard Motorsports and Hendrick Motorsports teams.
, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Advanced Financial Solutions.

About Advanced Financial Solutions

Founded in 1992, AFS has been consistently delivering high-quality image-based and conventional check processing solutions to the financial industry. AFS was one of the first companies to offer image and item processing technology based on the Microsoft Windows See Windows.

(operating system) Microsoft Windows - Microsoft's proprietary window system and user interface software released in 1985 to run on top of MS-DOS. Widely criticised for being too slow (hence "Windoze", "Microsloth Windows") on the machines available then.
 NT operating environment In computing, an operating environment is the environment in which users run programs, whether in a command line interface, such as in MS-DOS or the Unix shell, or in a graphical user interface, such as in the Macintosh operating system. . All AFS check imaging solutions are designed from the ground up with the functionality that banks need for operating in a high capacity transaction-based environment. AFS ImageVision is a Windows NT-based system that supports electronic capture, encoding, and clearing of checks and other documents. AFS ImageDepot allows users to archive checks and other digitized documents in a central location and to retrieve those images using traditional Internet based research tools. Headquartered in Oklahoma City, Oklahoma “OKC” redirects here. For the airport, see Will Rogers World Airport.

Oklahoma City is the capital of the U.S. state of Oklahoma. The county seat of Oklahoma County, the city is the 30th largest city in the U.S.
, AFS maintains offices worldwide. Inc. Magazine ranked AFS as one of America's fastest growing private firms each of the last four years. Gary Nelson, President and CEO of AFS, was selected as the Southwest Area's Ernst & Young Technology Entrepreneur Of The Year. Visit AFS on the Web at www.afsimage.com.

About SynTel, LLC

SynTel, LLC, is a technology company whose ownership and management consist of leaders in financial management and marketing, computer programming, and education, database and mailing services. For more information call SynTel, LLC, at 800/898-2540 or login Signing in and gaining access to a network server, Web server or other computer system. The process (the noun) is a "login" or "logon," while the act of doing it (the verb) is to "log in" or to "log on.  to www.syntellc.com or Harry Herget - harry@syntelllc.com or Steve Smith - steve@syntelllc.com.
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Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Comment:Advanced Financial Solutions Partners With SynTel, LLC to Offer Automated Mailing Solution.
Publication:Business Wire
Geographic Code:1USA
Date:Aug 30, 2002
Words:655
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