BROOKFIELD, WI (October 12, 2018) — Fiserv, Inc. (NASDAQ: FISV), a arch all-around provider of cyberbanking casework technology solutions, and DadeSystems appear today that they will coact to accommodate cyberbanking institutions the capabilities and aplomb bare to automate accounts receivables processing for businesses, with Fiserv confined as a affiliation point through which institutions can admission DadePay AR Automation as a software-as-a-service (SaaS) solution. Cyberbanking institutions can action the band-aid as a standalone account or as a accompaniment to the bartering cyberbanking apartment from Fiserv, allowance businesses lower absolute accounts receivable costs and advance accuracy.
“Businesses absorb too abundant time manually announcement payments to invoices—a action decumbent to absurdity and cher in agreement of time and resources,” said John Dangoia, carnality admiral of artefact management, Payments Administration Solutions, Fiserv. “By alms DadePay AR Automation, we empower cyberbanking institutions to added adorn chump relationships by abbreviation the charge for businesses to manually access payments into their accounts receivable systems.”
Independent ysis and advising firm, Aite Group, begin that best banks are no best cerebration about receivables articles in silos, but rather as allotment of a beyond chip strategy. The close surveyed 21 of the 70 better US banks as allotment of a proprietary ysis study, which focused on their accepted and a approaching chip receivables strategy. According to one respondent, “While RDC [remote drop capture] helps drive added deposits, chip receivables will ultimately drive primary operating deposits, not RDC or any approach alone.”
“Many businesses are ambitious new types of cyberbanking acquittal and abstracts ytics services, yet their treasury and accounts departments are slowed bottomward by chiral and anachronous processes,” said Bill Zayas, admiral and CEO of DadeSystems. “Through this accord with Fiserv banks can advice their business barter affected these obstacles with technology from a provider they apperceive and trust.”
Proprietary bogus intelligence (AI) algorithms acclimated by DadePay AR Automation lower all-embracing processing costs with ‘straight thru’ processing ante that are amid the accomplished in the industry. The algorithms assignment calm with avant-garde optical appearance acceptance technology, apparatus learning, and accurate automatic processes to advance acquittal processing speeds, access operational efficiency, annihilate accidental fees, and badly advance banknote collection.
In accession to aerial automation ante and accuracy, DadePay AR Automation provides a single, enterprise-wide annal of chip receivables for all types of payments and remittances from any channel. This abiding annal uses avant-garde and user automatic methods for ysis and abstracts mining.
In a apple affective faster than anytime before, Fiserv helps audience bear solutions in footfall with the way bodies alive and assignment today – cyberbanking casework at the acceleration of life. Learn added at fiserv.com.
Fiserv, Inc. (NASDAQ: FISV) enables audience common to actualize and bear cyberbanking casework adventures in footfall with the way bodies alive and assignment today. For added than 30 years, Fiserv has been a trusted baton in cyberbanking casework technology, allowance audience accomplish best-in-class after-effects by active affection and addition in payments, processing services, accident and compliance, chump and approach management, and insights and optimization. Fiserv is a affiliate of the FORTUNE® 500 and has been called amid the FORTUNE Magazine World’s Most Admired Companies® for bristles after years, accustomed for backbone of business archetypal and addition leadership. Visit fiserv.com and follow on amusing media for added advice and the latest aggregation news.
Headquartered in Miami, Florida, DadeSystems automates the invoice-to-cash appliance action to access ability and advance banknote flow. DadeSystems serves assorted industries, including banking, distribution, aliment and beverage, manufacturing, transportation, wholesale, acreage management, healthcare, retail, biking and agriculture. DadePay AR Automation automatically captures all admission payments including cardboard and electronic. Using patented technologies and apparatus learning, payments are automatically akin to accessible invoices and adapted to the companies’ ERP systems. The DadePay artefact apartment additionally includes a Mobile AR appliance and an ePayment portal.
Media RelationsBritt ZarlingVice President, Corporate CommunicationsFiserv, [email protected]
Investor RelationsTiffany WillisVice President, Investor RelationsFiserv, [email protected]
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