BancTec Showcases Accounts Payable and Healthcare Solutions at The Association for Financial Professionals (AFP) Annual Conference


DALLAS, Oct. 18 / / -- BancTec, a global provider of advanced, high volume document and payment processing solutions, will demonstrate its accounts payable, healthcare and process management capabilities at the AFP Annual Conference (booth #1440), to be held October 21-24 in Boston. AFP, based in Bethesda, Maryland, serves more than 14,000 individual members in corporate treasury and financial management.

BancTec will feature its AP Master(R) accounts payable automation solution at the show. The AP Master solution provides comprehensive, fully automated, out-of-the-box functionality for electronic processing of supplier invoices. Combining a variety of sophisticated management tools that improve the invoice management process from receipt to payment, the AP Master solution is easily integrated with existing accounting and procurement systems. BancTec's AP Master solution also offers the flexibility of being run as an internal application, or as a fully outsourced business process, either of which will save time, manpower and money.

For banks that offer value-added services to healthcare providers, BancTec will demonstrate RemitCycle 360(TM), a HIPAA-compliant revenue management solution that automates and unifies the administrative and financial events between providers, payers and banks. This comprehensive information exchange platform enables providers to greatly improve claims processing and posting efficiency, thus reducing administrative costs, shortening cycle times and minimizing write-offs.

In order to address the needs of organizations seeking to enhance how they perform critical functions, BancTec will also showcase its industry-leading business process management (BPM) capabilities. A powerful suite of tools that enables the rapid development, deployment and management of scalable process management solutions for the enterprise, BancTec's eFIRST Process is particularly suited to large, high transaction business environments.

Finally, BancTec will illustrate how it helps organizations manage the paper component of their business processes through its IntelliScan(R) solution, a next-generation document processing suite that has set new industry benchmarks for speed and resolution. Forming the core of the IntelliScan solution set are IntelliScan(R) XDS (eXtreme Document Scanner) and IntelliScan(R) USC (Universal Scanner Control). IntelliScan XDS is a multi- application, high-speed, mixed document scanner that offers image-capturing capabilities up to 600 dpi optical resolution and burst mode speeds up to 550 pages per minute. IntelliScan USC is a fully integrated capture and transport control application that enables real-time identification and processing of documents by type.

"BancTec's robust and flexible business solutions can handle most any requirement, from process management to document scanning," said Michael D. Fallin, senior vice president and president, Americas and emerging markets, for BancTec. "The AFP Annual Conference will provide us with a great opportunity to showcase for thousands of corporate treasury and financial management professionals how BancTec is working with some of the world's largest organizations to enhance their operations and make real, bottom-line improvements in their internal costs."

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.

Source: BancTec

CONTACT: Chuck Corbin of BancTec, +1-972-821-4970, chuck.corbin@banctec.com

Web site: www.banctec.com/

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