AOC Solutions Commercial Payments Platform Chosen by IBERIABANK for Corporate Banking Clients
Platform securely automates e-payments with robust controls and reporting tools
CHANTILLY, Va.--(BUSINESS WIRE)--AOC Solutions Inc., a leading commercial payments technology and services provider, announced today that IBERIABANK has selected AOC’s EnCompass® platform for its corporate banking customers’ e-payments, card management and reporting needs.
“IBERIABANK is pleased to partner with AOC Solutions, who will provide an innovative commercial card platform, delivering an efficient and convenient experience for IBERIABANK clients through its secure and reliable technology”
Under the agreement, IBERIABANK will offer its business customers AOC Solutions’ fully hosted, PCI-compliant commercial payments solution, EnCompass, providing a secure, single login portal for convenient, comprehensive management of commercial card programs. IBERIABANK will brand the EnCompass solution as EPiC (Electronic Payment Integration Center) when offering it to their corporate clients. The platform streamlines payment processing operations by automating accounts payable and expense management functions.
“IBERIABANK’s corporate banking customers will now benefit from the convenience and control provided by our commercial payment platform,” said Tre Cage, Chief Operating Officer of AOC Solutions. “AOC’s white-label solution is known as the industry standard for simplifying accounts payable processing and providing improved management control and reporting.”
Benefits of this platform include:
- Single platform for program management, allocation and accounts payable automation — consolidates functionality under a single login and supports client needs and growth without adding on additional tool sets.
- Simplified implementation for accounts payable automation — offers multiple standard payment file options and supports manual payment upload capabilities for clients with limited IT resources.
- Increased functionality and available services — supports both push and pull payment options, and vendor enrollment is managed on the client’s behalf as an integral component of accounts payable setup.
“IBERIABANK is pleased to partner with AOC Solutions, who will provide an innovative commercial card platform, delivering an efficient and convenient experience for IBERIABANK clients through its secure and reliable technology,” said Donna Kasmiersky, Executive Vice President and Director of Treasury Management Services. “Commercial finance executives continue to intensify their focus on cost containment and the optimization of working capital. With EPiC, these goals can be realized through AOC’s payment solution for accounts payable automation and expense management. We are excited about the congruence of our companies. Both companies are dedicated to offering tailored solutions and providing quality client service, and both have been recognized as top workplaces in recent years.”
To learn more about AOC’s commercial payments products and services, visit aocsolutions.com.
About AOC Solutions
AOC Solutions Inc. is a service-disabled, veteran-owned company founded in 1996. AOC’s innovative commercial payments solutions, federal financial management, business process improvement, strategic planning services and contact center operations have been serving more than 400,000 corporate, government, public-sector and private-sector customers for over 20 years. AOC’s strategic relationships within the financial management and integration markets enable a streamlined approach to commercial payments from virtually any accounts payable or general ledger payments system in use today.