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DICOM Group plc: DICOM and Open Scan Technologies Announce Joint Reseller Agreement.


DICOM (medical, standard) DICOM - (From Digital Imaging and COmmunications in Medicine) A standard developed by ACR-NEMA (American College of Radiology - National Electrical Manufacturer's Association) for communications between medical imaging devices.  and OPEN SCAN to Begin Offering New Integrated Capture Solution for Order-to-Cash and Purchase-to-Pay Environments

BASINGSTOKE, England -- DICOM Group plc ("DICOM Group")(LSE LSE - Language Sensitive Editor :DCM DCM
abbr.
Distinguished Conduct Medal
), a global leader of Intelligent Capture & Exchange solutions, and Open Scan Technologies A method for testing chips on the printed circuit board by building the chip with additional input and output pins that are used only for test purposes. Full scan methods test all the registers on the chip. , Inc. (OPEN SCAN[R]), a premier provider of modular and highly scalable receivables processing solutions, today announced a new joint reseller agreement.

Under the terms of the agreement, DICOM and OPEN SCAN will begin to offer a joint solution that seamlessly integrates Kofax Ascent Capture, the world's leading information capture platform and a key element of Kofax Intelligent Capture & Exchange, and RedCap[TM], OPEN SCAN's flagship 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  (A/R) solution that combines electronic check deposit, remittance Money sent from one individual to another in the form of cash, check, or some other manner.

Financial statements sent by a creditor to a debtor frequently refer to the process of submitting a monthly remittance.


REMITTANCE, comm. law.
 processing, forms processing and cash application - all from the desktop.

As a result, organisations will have the opportunity to purchase a secure, fully integrated capture platform for order-to-cash and purchase-to-pay environments that is compliant with Check 21 and can be extended to remote users. Additionally, this capability will be available for customers and partners through DICOM.

"Our new joint solution compliments our accounts payable and intelligent capture strategy and positions DICOM as the vendor of choice for automating the corporate cash cycle," said Rob Klatell, chief executive officer DICOM Group. "We believe this collaboration enhances DICOM's strategic initiative to help organisations capture documents in the front office, where they originate, and move them in real-time to transactional business processes."

"We're pleased to be working with DICOM, the recognised leader in the software capture market," said Nadine Lange, OPEN SCAN president and chief executive officer. "DICOM's channel now has the opportunity to automate virtually any payment environment, including wholesale full-page remittances
Remittance can also refer to the accounting concept of a monetary payment transferred by a customer to a business


Remittances are transfers of money by foreign workers to their home countries.
."

Joint Solution Designed to Help Organisations Solve Key Accounts Payables/Receivable Challenges

When examining the payment/receivables process of most businesses, three significant automation opportunities emerge: Check Deposit, Remit Data Capture and Accounts Receivables (A/R) Cash Application. Considering the challenges related to managing unstructured and semi-structured wholesale full-page or check skirt payments, the new joint solution from DICOM and OPEN SCAN not only offers cost efficiencies over lockbox Lockbox

A collection and processing service provided to firms by banks, which collect payments from a dedicated postal box to which the firm directs its customers to send payment to.
 outsourcing, it saves in-house FTE's by automating the cash application process.

These savings are achieved by intelligently matching and balancing outstanding invoices to incoming checks and remits, virtually eliminating hand-keying.

For more information about how to purchase this solution, please visit http://www.dicomgroup.com or http://www.openscantech.com.
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Copyright 2007, Gale Group. All rights reserved.

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Publication:Business Wire
Date:Oct 24, 2007
Words:393
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