WAUSAU Declares Role as Leading Provider of Enterprise Payment Solutions

MOSINEE, Wis., April 15 /PRNewswire/ — WAUSAU Financial Systems, the industry leader in distributed payment and document processing solutions, today introduced a new corporate tagline — Enterprise Payment Solutions — that calls attention to the company’s comprehensive, platform-integrated product offerings in the payments market sector. By combining function-rich payment and remittance processes with common infrastructures, WAUSAU’s enterprise payment solutions include attributes that make them ideal for businesses seeking the technology that can keep them competitive in today’s marketplace.


“Many factors affect the way companies and consumers pay for products and services, including economic conditions and competition, corporate mergers and acquisitions, legislation, technology and consumer behavior,” said Joe Delgadillo, WAUSAU Financial Systems President and CEO. “As payment methods change, virtually every company and individual is affected. At WAUSAU, we recognize it’s vital to offer solutions with common infrastructures in the growing payments market sector that enable businesses to increase efficiencies while reducing costs.”


The announcement was made by Delgadillo to WAUSAU customers and employees during the company’s 2008 Customer Conference, April 14-17 at the Midwest Airlines Center in Milwaukee, WI.


Tara Rice, financial economist at the Federal Reserve Bank of Chicago, is the keynote speaker at the company’s Customer Conference. Rice will speak on the Evolving Payment System, discussing key payment trends by examining the innovations, incentives and regulations driving those trends.


“The scale of our solutions has enabled us to successfully deploy them in a variety of settings, from institutions with single sites processing thousands of transactions a day to some of the world’s largest organizations processing millions of transactions a day worldwide. This is important as we, our partners and our customers are able to offer solutions to the broadest range of users possible,” Delgadillo said.


Delgadillo noted that as software products become more complex and integrated, it is common to address needs across formerly distinct boundaries within businesses. Individual components, such as accounts receivable and payroll, have been integrated to optimize information and processes. The scope of WAUSAU’s solutions has evolved in a similar manner. Especially when bundled together, they address the needs of many departments within financial and commercial organizations.


An example of this scope, Delgadillo said, is WAUSAU’s Branch Optimization solution, which allows financial institutions to reduce costs in both the front and back office processes, while driving additional value from information that may not have otherwise been accessible.


“The breadth of WAUSAU solutions addresses many key areas of the emerging payments market sector,” Delgadillo said. “Whether remote or central, deposit- or payment-based, all of our applications are directly related to the broader industry perspective of payments.”


About WAUSAU Financial Systems


WAUSAU is a premier provider of payment and remittance processing solutions, serving businesses of all types to develop strategies that move money faster. With its products, services and consulting, WAUSAU works with customers to speed check processing, electronic presentment, ACH payments, transaction processing, distributed capture and enterprise content management. WAUSAU’s innovative solutions provide results for a wide range of organizations, including financial institutions, insurance companies, utilities, retail businesses and governmental agencies. Find more information about WAUSAU at http://www.wausaufs.com/.

   Contact Information:
Alex Vagelatos
for WAUSAU Financial Systems
(414) 319-5700
alexvagelatos@zizzogroup.com


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Source: WAUSAU Financial Systems


CONTACT: Alex Vagelatos, +1-414-319-5700, alexvagelatos@zizzogroup.com,
for WAUSAU Financial Systems


Web site: http://www.wausaufs.com/