BancTec Client Concentra Wins Excellence Award for Accounts Payable Innovation
Concentra Inc., one of the largest providers of health care services in the U. S. and a BancTec client, has been honored for excellence in accounts payable (AP) automation by research and consulting firm, PayStream Advisors.
Dallas, TX (Vocus) June 23, 2010
Concentra Inc. (http://www. concentra. com/), one of the largest providers of health care services in the U. S. and a BancTec client, has been honored for excellence in accounts payable (AP) automation by research and consulting firm, PayStream Advisors. The award, presented at the PayStream Summit 2010, recognizes an AP automation solution in which BancTec, (http://www. banctec. com/) through its business process outsourcing (http://www. banctec. com/services/bpo-services/ap-invoice-processing/) (BPO) facilities, manages the receipt, data capture and hosting of payables workflow and automation technology for Concentra.
Paul Diegelman, vice president of BancTec’s financial shared services BPO practice, said: “This award recognizes Concentra’s outstanding work to optimize their AP process and provide increased visibility and workflow capabilities for both employees and vendors. BancTec is proud to have partnered with Concentra in the design, development and ongoing management of this solution, which has significantly enhanced the processing of vendor invoices and enabled Concentra to continue their focus on providing outstanding patient care.”
Built around BancTec’s AP MasterTM (http://www. banctec. com/products/ap-master/) software suite, the solution processes high volumes of both paper and electronic invoices, allowing clients to increase productivity, reduce processing costs, and improve control and compliance.
About BancTec
BancTec helps clients around the world simplify the process of managing their information. Founded in 1972, the company provides a wide range of solutions for automating complex, high-volume and data-intensive business processes for clients in the financial services, healthcare, manufacturing, government, services and utilities industries. BancTec's offerings include business solutions, business process outsourcing, and infrastructure services. With headquarters in Dallas, BancTec serves clients in 50 countries. For more information on how BancTec can help you optimize information management, visit www. banctec. com or call 1-800-BANCTEC.
Forward-Looking Statements
All statements in this press release that do not directly and exclusively relate to historical facts are “forward-looking statements” describing BancTec's objectives, targets, plans, strategies, costs, anticipated capital expenditures and expected cost savings. These statements represent BancTec’s intentions, plans, expectations and beliefs, and are subject to risks, uncertainties and other factors, many of which are outside the Company’s control. These factors could cause actual results to differ materially from such forward-looking statements. For a written description of these factors, see the section titled “Risk Factors” in the Company’s Registration Statement on Form S-1, as amended, initially filed with the Securities and Exchange Commission on August 8, 2007. The Company disclaims any intention or obligation to update these forward-looking statements whether as a result of subsequent events or otherwise except as required by law.
For BancTec:
Ross Coulter
214-366-0090
Ross(dot)coulter(at)banctec(dot)com
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