HelpHelp About Us Contact Contact Us Help Help
Press Release Service
user name password
Client login:   
First time user sign up Forgot your login info?
Website Directory     Submit Website

Search
EmailWire News Links

Home > News By Company > BCE Emergis Inc.

Print e mail rss del Y! myWeb Tweet
 

BCE Emergis Signs Agreement with Bank One to Offer Electronic Invoice Presentment and Payment Enabling Solution

Web-Based technology expands Bank One's services to commercial customers.

(EMAILWIRE.COM, February 01, 2001 ) Montreal and Chicago -- BCE Emergis Inc. (TSE: IFM), a premier provider of B2B e-commerce services and exchanges, and Bank One (NYSE: ONE), the fifth largest U.S. bank holding company, today announced an agreement that enables Bank One to offer electronic invoice presentment and
payment enabling solutions (EIPP) to more than 40,000 accounts in its U.S. commercial customer base.
Through this agreement, Bank One will immediately expand its offering of electronic banking products to include BCE Emergis' e-Invoicing product, which gives its large corporate, middle market and net marketplace customers the ability to reap the benefits of electronic invoicing and electronic payment enabling with their trading partners. For BCE Emergis, this multi-year, million-dollar agreement will increase in value as the number of customers and the frequency with which they use the solution rises.
"For BCE Emergis, this agreement with Bank One is particularly satisfying, as it is one more step in expanding our financial services business base in the U.S. It is the second large U.S. bank, in a short period of time, to move towards our electronic invoicing and payment enabling technology," said Brian Edwards, Vice-Chairman and CEO of BCE Emergis. "It also builds on Bank One's success and experience in offering innovative, high-quality products and we look forward to working with Bank One and its customers so they can fully leverage the power of this
technology."
Through BCE Emergis' e-Invoicing solution, Bank One commercial customers will be able to replace labor-intensive and time-consuming activities with more efficient, real-time tools to manage their invoicing process and to respond to invoice disputes during, rather than after, the invoicing cycle. They will be able
to reduce the overall cost of accounts receivable processing and their business partners' expenditures in accounts payable processing, as well as benefit from the reduction of days' sales outstanding. More specifically, commercial customers and their trading partners will be able to:
* view invoices over the Internet,
* dispute entire invoices, sections or line items,
* pay selected invoices at the web site,
* interact with a supplier's customer care and accounts
receivable departments,
* view payment history, and
* download invoice and disbursement information.
BCE Emergis will provide Bank One with the technology, hosting facilities and data center management services to deploy the electronic invoicing and payment enabling solution.
Bank One Corporation (NYSE: ONE) is the fifth-largest bank
holding company in the U.S., with assets of more than $265
billion. Bank One offers a full range of financial services to large corporate and middle market commercial customers and retail consumers. It is the largest Visa credit card issuer, the third largest bank lender to small businesses, and one of the top 25 managers of mutual funds. A leader in the retail market, Bank One operates more than 1,700 banking centers and a nationwide network of ATM's. Bank One can be found on the Internet at www.bankone.com.
BCE Emergis is a premier B2B e-commerce infrastructure provider, strategically focusing on market leadership in the transaction-intensive eHealth and financial services sectors. By layering technologically advanced e-commerce services on existing Internet-based platforms, Emergis offers its customers increasing value in their e-commerce adoption and ever-increasing levels of sophisticated services. These scalable solutions electronically
transform business processes, such as buying, selling, invoicing and payment, and enable companies to succeed in the web-centric, cost-driven, and highly competitive global Internet economy. BCE Emergis' customers include leading North American banks and insurance companies. The Company's shares are included in the TSE 100 composite index.
Please visit BCE Emergis at www.emergis.com for more information on the Company.
- ### -
This news release contains certain forward-looking statements that reflect the current views and/or expectations of BCE Emergis with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and
assumptions. Actual results and events may vary significantly.

For more information:
Sylvia Morin John Gutpell
Director, Corporate Communications Director, Investor Relations
(514) 868-2358 (514) 868-2232
Email: sylvia.morin@emergis.com Email:john.gutpell@emergis.com

Contact Information:
BCE Emergis Inc.
Joseph Nchor
Tel:
Email us


This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International

Equityallianceir.com





Penny Stocks to Watch

Sign up for hot penny stock picks
Gains of 500%+ possible!

Premiumstockpicks.com/landing/




Your text Ads & 

PR

Text Ads plus unlimited press releases, One release featured/Day for only $575 per month.

Read more on Text Ads & PR






Your text Ads Here!

Text Ads are only $289 per month. Ads are placed same day.

More on Text Ads Advertising



 

Search


Advertising | How to contact us | Privacy Statement | EmailWire Press Releases | Partnership Opportunities

EmailWire is a press release distribution service of GroupWeb Media LLC.

© Copyright GroupWeb Media LLC 2012