eGistics and US Dataworks Announce Strategic Alliance for Integrated Distributed Capture and Archive Services
21 April 2008 - 10:00PM
Business Wire
eGistics, Inc. and US Dataworks, Inc. (Amex: UDW) today announced a
strategic alliance to help billers and retailers streamline the
management of remotely captured images and data. The companies,
capitalizing on their respective world-class capabilities, are
providing distributed capture users with a hosted archive solution
that improves staff and customer access to images and data and
speeds exceptions processing. �eGistics is excited to team with US
Dataworks to deliver a unique value to distributed capture users,�
said Ed Pearce, executive vice president of sales and corporate
development for eGistics. �This integrated hosted solution enables
billers and retailers to have the power to better understand and
track their cash position, strengthen transaction exceptions
processing, and offer an enhanced customer experience by providing
authorized users with access to images and data, whenever and
wherever they need them, via Web connection.� �The shift we�re
seeing in the banking industry from in-person branch deposits to
digital distributed processes is as significant as the move to
electronic transactions by billers and retailers,� said Terry
Stepanik, president, US Dataworks. �By creating an integrated
distributed capture and archive solution, and enabling secure
processes for retrieving transaction images and data via broadband
connection, eGistics and US Dataworks will help enterprises
maximize their payments assets in this changing market.� US
Dataworks� flagship solution, Clearingworks, overcomes the
challenges of the traditional check clearing process by reducing
the number of times a check is handled and enabling the depositor
to have more control over the entire check-clearing process. At the
point-of-sale, Clearingworks gives merchants the flexibility to
take checks in lane and convert them to ACH, substitute checks or
image exchange items. Checks can be either scanned at the cash
register and converted to an electronic transaction immediately
(�Point of Purchase� or POP processing) or consolidated throughout
the day and converted in a nightly batch process in the back office
(�Back Office Conversion�). Under the agreement announced today,
the SAS 70-compliant eGistics solution provides for the hosted
long-term archive of images and data for US Dataworks clients. US
Dataworks transmits client check and payment images and related
business data to eGistics for indexing, archive and retrieval.
Authorized personnel of US Dataworks client organizations have the
ability to access same-day payments data and images via secure
broadband connections; eGistics is providing a tailored,
private-labeled Web interface for image review and research. The
alliance with US Dataworks is part of eGistics� broader strategy to
build on its archive market leadership as banks and billers migrate
to electronic payments capture and clearing. About US Dataworks,
Inc. US Dataworks is a developer of payment processing solutions,
focused on the financial services market, federal, state and local
governments, billers, and retailers. Software developed by US
Dataworks is designed to enable organizations to transition from
traditional paper-based payment and billing processes to electronic
solutions that automate end-to-end processes for accepting and
clearing checks. To learn more, visit www.usdataworks.com. About
eGistics, Inc. eGistics pioneered the use of hosted image and data
archive, management and delivery services in the financial services
marketplace, delivering scalable platform services normally
associated with software in a service environment (�SAS�). Today,
its Infinite Digital Architecture (IDA) archives billions of images
and supports mission-critical payments applications for the world�s
leading financial services companies. Through its hosted business
model, eGistics has consistently delivered significant business
benefits for payments applications such as retail and wholesale
receivables processing, check processing/Check 21, medical payments
processing (EOBs) and records management, and loan processing and
management. For more information, visit www.egisticsinc.com or call
214-256-4600. �eGistics� and variations of the name are the
property of eGistics, Inc., and are protected pursuant to an
application filed with the United States Patent and Trademark
Office.
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