DocuCorp Announces Agreement With CheckFree To Integrate Electronic Billing and Payment Via The Internet.Business Editors
DALLAS--(BUSINESS WIRE)--Jan. 11, 2000
DocuCorp International (Nasdaq:DOCC DOCC Deep Operations Coordination Cell
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DOCC DCA Operations Control Complex
DOCC Dyce Operations Control Centre ) today announced an agreement with CheckFree Corporation (Nasdaq:CKFR CKFR Checkfree Corporation (stock abbreviation, AMEX) ) to provide an integrated electronic bill presentment and payment See EBPP. (EBPP (Electronic Bill Presentment and Payment) Sending invoices to customers over the Internet. When payment is due, an e-mail is sent with a link to a Web page that contains the billing information and the payment services that are supported. ) solution.
DocuCorp's technology will enable customers to view bills, statements and other documents over the Internet. Through the agreement, DocuCorp will offer its clients' bills over CheckFree's distribution and payment network of 53 live sites including leading Internet portals, banks and other financial institutions.
"Electronic billing Electronic billing is the electronic delivery and presentation of financial statements, bills, invoices, and related information sent by a company to its customers. Electronic billing is also referred to as the following:
One that bills, as:
a. A clerk who prepares bills.
b. A machine used in preparing bills. field operations. "Teaming with DocuCorp allows CheckFree to extend the number of companies it serves in key markets such as insurance, utilities and telecommunications."
"CheckFree is the leader in electronic billing and payment," said Michael D. Andereck, president and chief executive officer of DocuCorp. "DocuCorp is the leader in electronic document creation and presentment. This alliance will greatly benefit those DocuCorp software users wishing to offer their customers the convenience of electronic payment and collections via CheckFree's industry-leading infrastructure and distribution network, along with the ability to view and interact with their billing information."
Unlike other EBPP products on the market, which are limited by the data that they can extract from a legacy print stream, the DocuCorp technology provides unprecedented flexibility because it can access the original customer source data to create the type of bill a customer desires -- Internet or print. Since the same DocuCorp solution can generate both printed bills and Internet bills, the need to implement and support separate print and Internet systems is eliminated.
CheckFree Corporation (www.checkfree.com) (Nasdaq:CKFR) is the leading provider of financial electronic commerce services and products. Founded as an electronic payments processor in 1981, CheckFree launched the first fully integrated electronic billing and payment solution, CheckFree E-Bill, in March of 1997. Today, CheckFree services enable three million consumers to receive and pay bills over the Internet or electronically. The Company has multi-year contracts with 77 of the nation's top billers to provide online billing and payment through its network of partnerships with consumer service providers (CSPs), including banks, brokerage firms, Internet portals and content sites, and personal financial management (PFM) software. CheckFree's Investment Services division provides a range of investment management services to help more than 255 institutions provide portfolio management and reporting services to their clients. CheckFree clients manage over 760,000 portfolios totaling more than $400 billion in assets. Software and services provided by CheckFree's Compliance and Financial Service division are used to process more than two-thirds of the nation's six billion Automated Clearing House See ACH. (ACH) payments. In addition, nearly 400 banks and businesses use reconciliation products and services the division provides.
DocuCorp markets a portfolio of open-architecture, enterprise-wide, document automation software products that enable its customers to create, publish, manage and archive complex, high-volume, individualized in·di·vid·u·al·ize
tr.v. in·di·vid·u·al·ized, in·di·vid·u·al·iz·ing, in·di·vid·u·al·iz·es
1. To give individuality to.
2. To consider or treat individually; particularize.
3. documents. The company also provides document automation consulting, application integration, and document processing Processing text documents, which includes indexing methods for text retrieval based on content. See document imaging. , printing, and mailing services. DocuCorp has an installed base of more than 900 customers, including many of the largest insurance, utility, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page. , higher education higher education
Study beyond the level of secondary education. Institutions of higher education include not only colleges and universities but also professional schools in such fields as law, theology, medicine, business, music, and art. and telecommunications organizations.
Headquartered in Dallas, DocuCorp has major facilities in Atlanta and Silver Spring, Md. The company also maintains offices in London, Portland, Maine Portland is the largest city in the U.S. state of Maine, with a 2004 population of 63,882. Portland is Maine's cultural, social and economic capital. Tourists are drawn to Portland's historic Old Port district along Portland Harbor, which is at the mouth of the Fore River and part , and Bedford, N.H. DocuCorp is a Safeguard Scientifics, Inc. (NYSE NYSE
See: New York Stock Exchange :SFE See Sydney Futures Exchange. ) partnership company. For more information, visit DocuCorp's Web site at www.docucorp.com.
Certain information contained in this news release may include "forward-looking statements" within the Certain information contained in this news release may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this news release are forward-looking statements. Such statements are subject to certain risks and uncertainties, which include but are not limited to the risk of competitive pressures, failure to adequately respond to technological developments, loss of significant customers or distributors, and the other risk factors and cautionary statements listed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission. All forward-looking statements included in this news release and all subsequent oral forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these cautionary statements. DocuCorp is a registered trademark of DocuCorp International.
(c) 2000 DocuCorp International. All Rights Reserved. Company, organization and product names mentioned herein are trademarks or registered trademarks of their respective owners. DocuCorp and its symbol are trademarks of DocuCorp International.