Business Services Industry

Global Finance Honors GETPAID Corporation with Treasury and Cash Management Award; Leading Finance Industry Publication Names GETPAID as Best Provider of Accounts Receivable Solutions

Business Wire, Feb 7, 2005

PARSIPPANY, N.J. -- The GETPAID(R) Corporation, leading provider of software and services for working capital optimization, today announced that they have been recognized by Global Finance Magazine as the best provider of accounts receivable solutions. The accolade is part of the Best Treasury and Cash Management Awards for 2005.

"We are very excited about this particular award," states Dianna Piumelli, CEO for the GETPAID Corporation. "It is a true honor to be recognized by Global Finance. GETPAID is backed by over fifteen years of research and development as well as a comprehensive services and support organization, and a customer network of over 700 companies worldwide. Our customers are innovators in treasury and finance, it is their ongoing support, contribution and feedback that perpetuates GETPAID as the market leader."

Global Finance Publisher Joseph D. Giarraputo states, "In today's competitive global economic environment, treasurers need the best tools and advice available to make capital work harder than ever. Our awards identify the banks and providers of products and services that consistently improve transaction processes to speed collections and reduce risks." A variety of subjective and objective criteria were used for selecting the winners. Factors considered included: market leadership, customer service, competitive pricing, and innovative technologies.

GETPAID streamlines the accounts receivables process with its enterprise software and services. It addresses every aspect of the order-to-cash cycle with proven capabilities in credit risk management, EIPP, collections, disputes, and cash application, as well as integrated cash forecasting, performance tracking, portfolio management, and root-cause analysis.

Key Differentiators of GETPAID:

--Fully Integrated Order-to-Cash Management

Established in 1991, GETPAID is the only provider of an end-to-end solution to manage the entire order-to-cash cycle. GETPAID offers technologically and functionally advanced solutions for managing corporate risk, order-to-cash settlement, cash forecasting, regulatory compliance, and revenue maximization.

--Subject Matter Expertise

The GETPAID solution suite is designed and developed by financial professionals. The company is 100% dedicated to ongoing development of innovative solutions to solve common business issues within the financial enterprise. Through ongoing dialogue and feedback from focus groups, user group meetings, industry events and analysts, GETPAID continues to expand the whole product offering.

--Proven Value in Working Capital Optimization

The GETPAID Global User Community consists of leaders within every primary industry. These customers offer countless testimonials and case studies illustrating reduction in DSO, increased cash flow, reduced bad debt expense, decreased operational costs, and support for regulatory compliance.

--Established Global Services Organization

The GETPAID Global Services Organization (GSO) offers the shared best practices and experiences of over 700 implementations in greater than 35 countries. The GSO delivers comprehensive services and support including business process consulting and ongoing optimization aimed to assist GETPAID customers in maximizing the return on their investment.

About Global Finance Magazine

Global Finance, which marked its 17th year of publishing in October 2004, has 50,000 subscribers and more than 300,000 readers in over 160 countries. This audience includes chairmen, presidents, CEOs, CFOs, treasurers, and other financial officers responsible for making investments and strategic business decisions for multinational companies and financial institutions. Global Finance targets most of the 8,000 key portfolio investors who control over 80% of all assets under professional management.

About The GETPAID Corporation

The GETPAID Corporation provides software and services for working capital optimization. GETPAID helps companies increase cash flow, prevent revenue leakage, meet regulatory compliance, and boost operating margins by delivering the only end-to-end solution to manage the Order-to-Cash cycle. The GETPAID solution suite embeds policy, automates processes, and drives workflow for streamlined credit risk management, collections, dispute processing, online invoicing, and cash application, with detailed forecasting and analysis.

The GETPAID Professional Services team is comprised of credit and collections experts who bring with them the collective experience and best practices of over 700 implementations in over 35 countries, delivering implementation, training, and on-going support services to the more than 18,500 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
COPYRIGHT 2008 Gale, Cengage Learning

 

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