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Air Products and Chemicals, Inc. Selects GETPAID to Support Global Credit and Collections Operation.


PARSIPPANY, N.J. -- Air Products to Integrate the GETPAID Order-to-Cash Solution with SAP

The GETPAID(R) Corporation, the leading provider of software and services for working capital optimization, today announced the selection of web-based GETPAID 7i order-to-cash solution by Air Products and Chemical, Inc.(NYSE NYSE

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"We selected GETPAID for their ability to support our initiative to deploy a single credit and collections solution on a global level," explains Skip Smith, global credit and collections manager at Air Products. "GETPAID has a strong product offering for working capital optimization."

"GETPAID was selected after a thorough vendor evaluation," states Sam Liberto, business project manager for global credit and collections. "We were looking for Looking for

In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with.
 a bundled solution to standardize work processes and increase productivity in the management of credit risk, collections, and dispute resolution."

The web-based GETPAID solution will be integrated with SAP supporting users in nine countries including Canada, the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Germany, Spain, Portugal, the Netherlands, France, the UK and Belgium, with future plans to extend the deployment to Asia and South America South America, fourth largest continent (1991 est. pop. 299,150,000), c.6,880,000 sq mi (17,819,000 sq km), the southern of the two continents of the Western Hemisphere. .

Key Benefits to Air Products:

--Universal web-based access for global user organizations, driving process convergence across 600 users worldwide

--Ability to contribute to regulatory compliance by establishing and embedding credit and collections policy

--Improved management of risk by employing risk based collections and automated credit policy reviews

--Increased visibility to portfolio with worldwide reporting, performance tracking, online collections effectiveness monitoring & cash forecasting

"Air Products' decision to implement GETPAID for global management of Credit and Collections emphasizes the importance of using a single solution across the financial enterprise," states Dianna Piumelli, 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.  for The GETPAID Corporation. "By using GETPAID to manage credit risk, collections, and dispute resolution, Air Products can leverage their use of technology, resources and capital, allowing them to achieve a greater return on investment."

About Air Products and Chemicals, Inc.

Air Products and Chemicals, Inc. (NYSE:APD) serves customers in technology, energy, healthcare and industrial markets worldwide with a unique portfolio of products, services and solutions, providing atmospheric gases, process and specialty gases, performance materials and chemical intermediates. Founded in 1940, Air Products has built leading positions in key growth markets such as semiconductor materials Semiconductor materials are insulators at absolute zero temperature that conduct electricity in a limited way at room temperature (see also Semiconductor). The defining property of a semiconductor material is that it can be doped with impurities that alter its electronic properties , refinery hydrogen, home healthcare services, natural gas liquefaction liquefaction, change of a substance from the solid or the gaseous state to the liquid state. Since the different states of matter correspond to different amounts of energy of the molecules making up the substance, energy in the form of heat must either be supplied to , and advanced coatings and adhesives. The company is recognized for its innovative culture, operational excellence and commitment to safety and the environment and is listed in the Dow Jones Dow Jones

the best known of several U.S. indexes of movements in price on Wall Street. [Am. Hist.: Payton, 202]

See : Finance
 Sustainability and FTSE FTSE

A company that specializes in index calculation. Although not part of a stock exchange, co-owners include the London Stock Exchange and the Financial Times.

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The FTSE is similar to Standard & Poor's in the United States.
4Good Indices. The company has annual revenues of $7.4 billion, operations in over 30 countries, and nearly 20,000 employees around the globe. For more information, visit www.airproducts.com.

About The GETPAID Corporation

The GETPAID Corporation offers leadership, experience, and results in working capital optimization. The GETPAID suite of products allows companies to maximize their investment in time, capital and resources by automating processes and driving workflow through the entire order-to-cash cycle. Companies that implement GETPAID increase cash flow, reduce revenue leakage, decrease bad debt expense, and lower operating costs operating costs nplgastos mpl operacionales .

GETPAID Global Services offers the shared experiences and best practices of over 600 implementations in greater than 35 countries; delivering process consulting, system configuration, training and on-going support optimization services to the more than 18,000 global users in a wide array of companies, industries and environments. GETPAID is based in New Jersey, USA, with offices worldwide.

For more information, contact GETPAID at 1-973-463-1500 or visit www.getpaid.com.

All trademarks, registered trademarks and service marks mentioned in this document are the property of their respective holders.
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Jan 10, 2005
Words:578
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