Clareon Corporation Selects Canopy International to Provide B2B Integration Solution.Business/Technology Editors NEWTON, Mass.--(BUSINESS WIRE)--April 9, 2001 Canopy International, an e-business integrator specializing in enterprise and business-to-business integration, today announced that it has been selected to design 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 integration solutions for PayMode(TM), Clareon's Internet-based payment system. Clareon provides the only bank-neutral Internet payment solution for secure, information-rich B2B transactions. Canopy's solution will further enable Clareon to connect the payment and cash receipts processes of its large-volume clients to PayMode, dramatically reducing the costs and risks associated with transacting business payments. To achieve optimum success with its Internet-based payment process, Clareon realized that it must not only integrate its current high-volume clients, but also accommodate the anticipated growth of its large volume customer base. To meet these needs, Canopy is helping Clareon increase the number of services and connections it offers, adopt industry standards for universal communications, and implement a scaleable integration strategy. Clareon chose Canopy because of Canopy's extensive experience providing trading partner connectivity solutions. With Canopy's solution, Clareon is helping its customers increase the return on their existing 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. technology investments. In addition, Canopy's consultants offer Clareon first-hand expertise in building inter-enterprise B2B solutions that connect trading partners' back-office systems to Clareon's Internet payment application. "We give companies greater control over their cash flow," said Clyde Thomas, chief technology officer of Clareon. "As an established leader in e-business integration, Canopy is helping us deliver on our promise to provide our customers with a more efficient way of doing business." Clareon is committed to providing the most streamlined, automated process possible to reduce the resources its clients need to make payments and process cash receipts. Canopy is working with Clareon to design and implement an integration solution that connects PayMode to the payment and cash receipts processes of its customers' existing ERP systems, enabling Clareon to create a more positive payback Payback The length of time it takes to recover the initial cost of a project, without regard to the time value of money. for its clients. "Canopy's business process knowledge and B2B integration methodology is helping industry leaders like Clareon reduce costs and streamline efficiencies for its customers," said John Campbell John Campbell is the name of: British political figures
About Canopy International Canopy International (www.canopyint.com) offers consulting and integration services, enabling companies to create open interoperability The capability of two or more hardware devices or two or more software routines to work harmoniously together. For example, in an Ethernet network, display adapters, hubs, switches and routers from different vendors must conform to the Ethernet standard and interoperate with each other. in e-business relationships. Canopy's e-business integration services help B2B companies maximize their investments in e-business technology. Canopy provides full lifecycle integration services--including strategy, architecture, implementation and maintenance--that result in scalable, industrial-strength connectivity solutions, accelerating information flow through the entire value chain. About Clareon Corporation Clareon Corporation (www.clareon.com) has pioneered PayMode(TM), the only bank-neutral, high-volume Internet payment solution for secure, information-rich, business-to-business transactions. The first generation of Clareon's electronic payment technology was developed for the U.S. Treasury U.S. Treasury Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. in 1998 in an effort to reduce payment and processing costs for businesses, banks and the U.S. government. Since then, Clareon has further developed the original technology, enabling businesses to make and receive electronic payments between any company, anywhere, regardless of geography, existing bank relationships or legacy systems. PayMode gives businesses greater control over their cash flow, while lowering the costs and risks associated with transacting business payments. Clareon has secured a total of $45 million in venture funding from the Mayfield Fund Mayfield Fund is a venture capital firm located on Sand Hill Road in Menlo Park, California, home to many of Silicon Valley's leading venture capital firms. Mayfield was founded in 1969 by Tommy Davis, one of the first venture capitalists. , Technology Crossover Ventures, BancBoston Ventures, Morgan Stanley  To comply with Wikipedia's , the introduction of this article needs a complete rewrite. Dean Witter Dean Witter may refer to:
LLC - Logical Link Control and Comdisco. The company employs 106 people and is headquartered in Portland, Maine's historic Old Port. |
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