CHANTILLY, Va.--(BUSINESS WIRE)--In Contacts of release dated February 24, 2015, phone number for Steve Dieringer should read: 614-543-1357 (instead of 703-234-6030).
The corrected release reads:
AOC SOLUTIONS COMMERCIAL PAYMENTS PLATFORM CHOSEN BY REGIONS BANK FOR TREASURY MANAGEMENT CLIENTS
AOC Solutions, Inc.® (AOC), a leading commercial payments technology and services provider, announced today that Regions Bank, the primary banking subsidiary of Regions Financial Corporation (NYSE:RF), has selected AOC’s EnCompass platform for its customers’ commercial payments, card management, and reporting.
Under the agreement, Regions 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. AOC’s white-label solution is branded Regions IntersectSM, and enables their corporate clients to streamline payment processing operations by automating accounts payable and expense management functions.
“Regions commercial customers will now benefit from the convenience and control provided by our commercial payment platform,” said Allen O. Cage, Jr., president and CEO 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
- Real-time Cloud-based access via Web Services – communicates data and performs business functions server-to-server from any disparate system; providing faster connections and more flexibility while being less expensive to establish and maintain
- 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
“Our clients are actively seeking ways to streamline their payment processing operations and gain greater business intelligence,” explained James Hicks, head of Treasury Management. “With Regions Intersect, we can help our clients to simplify accounts payable processing and provide improved management control.”
About AOC Solutions
AOC Solutions, Inc., headquartered in Chantilly, VA, is a veteran-owned company whose innovative commercial payments technology, federal financial management, and managed services operations have been serving thousands of corporate, government, public and private sector customers since 1996. 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. AOC’s processing partners include TSYS and Hewlett Packard (HP) Commercial Card Services. AOC has been named to the Inc. 500-5000 list of the nation's fastest growing private companies six times, the latest in 2014.