Continental Business Credit Selects EasyLink's Production Messaging 2.0 Service for Invoice and Statement Distribution.PISCATAWAY Pis·cat·a·way A community of north-central New Jersey north of New Brunswick. Founded before 1693, it is a manufacturing center. Population: 42,223. , N.J. -- EasyLink Services Corporation, (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on : EASYE), a leading global provider of outsourced business process automation services that transform manual and paper-based business processes into electronic business processes, today announced that Continental Business Credit has selected EasyLink's Production Messaging Service to distribute accounts receivable accounts receivable n. the amounts of money due or owed to a business or professional by customers or clients. Generally, accounts receivable refers to the total amount due and is considered in calculating the value of a business or the business' problems in paying statements to customers. Continental Business Credit provides asset based financing to manufacturing and service businesses, old line factoring services as well as accounts receivable management services to companies requiring expertise in establishing credit or collection policies and procedures Policies and Procedures are a set of documents that describe an organization's policies for operation and the procedures necessary to fulfill the policies. They are often initiated because of some external requirement, such as environmental compliance or other governmental . Continental Business Credit has incorporated EasyLink's Production Messaging 2.0 Service into its monthly statement distribution process, replacing a manual process involving paper documents and distribution through the postal mail. Now, statements are sent directly from Continental's operational systems through EasyLink, reducing the time, cost, and effort associated with this critical business process. Financial institutions worldwide use EasyLink Production Messaging 2.0 Service to eliminate or reduce the number of steps and degree of human intervention A procedure used in a lawsuit by which the court allows a third person who was not originally a party to the suit to become a party, by joining with either the plaintiff or the defendant. involved in producing and distributing business documents such as letters of credit, funds transfers and statements, among many others, gaining the benefits of lower cost, greater productivity, easier regulatory compliance management, and improved customer service. Diane DIANE Diversified Information and Assistance Network (Tennessee Valley Authority) DIANE Direct Information Access Network for Europe DIANE Digital Integrated Attack and Navigation Equipment Castro Castro, Greece: see Kástron. , Continental's IMS (1) See IP Multimedia Subsystem. (2) (Information Management System) An early IBM hierarchical DBMS for IBM mainframes. IMS was widely implemented throughout the 1970s under MVS and continues to be used under z/OS. Manager commented: "EasyLink's solution was quick and easy for us to implement, and provides a better way for us to send statements to our customers rather than using the regular mail." Bill Fallon, EasyLink's Vice President of Marketing added: "EasyLink Production Messaging 2.0 Service is a great alternative to preparing and mailing paper statements. Not only can it lower costs, but it also reduces the cycle time of a payments process, another key financial metric." EasyLink Production Messaging 2.0 Service is a next generation business process automation solution for electronic distribution of high volumes of transaction documents originating in back office systems to a multiple destinations, typically as fax or e-mail messages. Customers can choose from a range of formatting options for submitting data to the EasyLink network as well as from a full set of data conversion, business rules and compliance checking capabilities, multiple options to secure the content of messages, archive and retrieval functions and message delivery via fax, e-mail, or other message or data formats. Once customers choose the level of automation and functionality required, EasyLink configures a custom solution tailored to their exact needs. About EasyLink Services Corporation: EasyLink Services Corporation (NASDAQ: EASYE), headquartered in Piscataway, New Jersey, is a leading global provider of outsourced business process automation services that enable medium and large enterprises, including 60 of the Fortune 100, to improve productivity and competitiveness by transforming manual and paper-based business processes into efficient electronic business processes. EasyLink is integral to the movement of information, money, materials, products, and people in the global economy, dramatically improving the flow of data and documents for mission-critical business processes such as client communications via invoices, statements and confirmations, insurance claims, purchasing, shipping and payments. Driven by the discipline of Six Sigma Not to be confused with Sigma 6. Six Sigma is a set of practices originally developed by Motorola to systematically improve processes by eliminating defects.[1] A defect is defined as nonconformity of a product or service to its specifications. Quality, EasyLink helps companies become more competitive by providing the most secure, efficient, reliable, and flexible means of conducting business electronically. For more information, please visit www.EasyLink.com. About Continental Business Credit, Inc: Continental Business Credit is a provider of asset based financing, factoring, credit protection, accounts receivable management and lending services. We tailor A tailor is a person whose occupation is to sew menswear style jackets and the skirts or trousers that go with them. Although the term dates to the thirteenth century, tailor financial solutions that help companies in various manufacturing or service businesses improve cash flow, reduce operating expenses Operating expenses The amount paid for asset maintenance or the cost of doing business, excluding depreciation. Earnings are distributed after operating expenses are deducted. and eliminate customer credit losses. To learn how you can put the resources at Continental Business Credit to work for your company call (818)737-3700 or visit us on the web at www.cbcredit.com. This news release may contain statements of a forward-looking nature relating to relating to relate prep → concernant relating to relate prep → bezüglich +gen, mit Bezug auf +acc the future events or the future financial results of EasyLink. Investors are cautioned that such statements are only predictions and those actual events or results may differ materially. In evaluating such statements, investors should specifically consider the various factors which could cause actual events or results to differ materially from those indicated from such forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. , including the matters set forth in the Company's reports and documents filed from time to time with the Securities and Exchange Commission. |
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