Intelligent Output Solutions explain how to migrate to BACSTEL-IP, the new electronic funds transfer system from BACS, with an easy-to-digest and free 14-page guide. Existing BACS payments systems will be switched off in 2005 and replaced with BACSTEL-IP; Over 50,000 BACS users in the UK are directly affected.
Tonbridge, UK (PRWEB) April 22, 2004 -- Intelligent Output Solutions explain how to migrate to BACSTEL-IP, the new electronic funds transfer system from BACS, with an easy-to-digest and free 14-page guide. Existing BACS payments systems will be switched off in 2005 and replaced with BACSTEL-IP; Over 50,000 BACS users in the UK are directly affected.
Over the last few years, the demand for electronic payment services and Direct Debit collections has grown rapidly. In response, BACS has decided to undertake a major technology programme called NewBACS.
The first stage of this programme is to replace BACSTEL, the existing telecoms-based dial-up service, with a new access method. This new delivery channel, which will provide BACS customers with secure and direct online access to BACS, is called BACSTEL-IP.
Because BACSTEL-IP is a ‘forced upgrade, many will see it as a forced cost. Thats not necessarily the right approach", states Stewart Rogers, Director at Intelligent Output Solutions. Theres never been a better time to take a broader look at your ERP, MRP, accounting and payroll applications and make advancements in every area of the payment and collection process", Rogers adds.
By migrating to BACSTEL-IP, and rolling other cost-saving applications into their systems at the same time, companies can benefit from lower implementation and migration costs and high returns on their investment", Rogers concludes.
Intelligent Output Solutions provide BACS Approved software packages for BACSTEL-IP, and assist companies by using document creation, document management and business communications applications alongside these payment products. By combining these technologies, companies can not only conform to the new standards, they can improve payment cycles, reduce debtor days, increase cash flow and cut the costs of communicating with clients, partners and suppliers.
The new guide to BACSTEL-IP is available from Intelligent Output Solutions and copies of the guide are available by requesting more information from their website at http://www.ioutput.com/bacstel-ip.htm
Intelligent Output Solutions Limited sets itself apart from other document management vendors by creating a relaxed environment with resources that help customers make the right decision, such as information on how to save time, save money and reduce wastage through their solutions. Intelligent Output Solutions excel in providing high ‘return on investment solutions, such as:
- Eradicating costly pre-printed forms
- Delivering accounting, CRM and ERP output via email, fax and Internet
- Distributing then printing in order to save money, rather than ‘print and distribute
- Automatic fax delivery from the desktop, instead of the 10-minute walk to the fax machine
- Automatic fax and SMS delivery from email
- Unified messaging systems (email, fax, voicemail all in your email client)
As companies are measured more and more by their ability to communicate effectively, and as businesses look for ways to cut costs and gain high returns on their IT investments, Intelligent Output Solutions are well placed to provide the products and services these organisations need.
For further information visit the web site at http://www.ioutput.com
About Intelligent Output Solutions:
Intelligent Output Solutions is one of the fastest growing document management solution providers in the UK and Cyprus. Our success is the result of a winning combination; excellent products, industry knowledge, customer feedback and an experienced and committed team.
Our goal is to be the premier enterprise solution supplier and implementer in the document output and document management environment.
Our focus is to help businesses make the most of their business communications, using advanced yet tried-and-tested technologies. More than ever before, companies need to address how they manage their documents, forms, fax, phone, e-mail and archival systems. Our range of solutions can help ensure that important information reaches the right people, wherever they are.
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