Alliance Will Provide an Integrated Electronic Solution for Vendor Payments
BRENTWOOD, TN – Comdata Corporation announces an alliance with Regal Software Technologies, a software and consulting services provider and a Microsoft Gold Certified partner. This agreement will enable customers of either company to expand their corporate payment programs with an electronic accounts payable solution integrated into the Microsoft Dynamics accounting suite.
The electronic payment solution is ideal for mid- to large-size companies focused on achieving business process efficiency, cost savings, and incremental margin improvement. The application modules provided by Regal allow for seamless integration with Dynamics, giving users an alternative payment method to manual check disbursements. With the electronic payment solution, Comdata electronically generates a unique MasterCard account number for every vendor payable and provides settlement data to automate the reconciliation process.
"Comdata's partnership with Regal Software will allow customers to simplify the accounts payable process and provide opportunities for clients to turn a current expense into a potential revenue generator," said Scott Phillips, executive vice president and general manager, Comdata corporate payment solutions.
"We are delighted to align with Comdata to offer customers a streamlined, revenue-generating solution, by leveraging Comdata's world-class payment solutions and powerful, easy-to-use technology from Regal Software," said Kofi Conduah, president and CEO of Regal Software Technologies.
About Comdata Corporation
Comdata Corporation is a business-to-business provider of innovative electronic payment solutions. As an issuer and a processor, the company enables more than $24 billion in fleet card, credit card, pay card and virtual card transactions annually. With state-of-the-art technology and redundancy, Comdata captures and reports detailed transaction data, empowering its customers to analyze their spending patterns in order to gain unprecedented control of their expenses. Other Comdata solutions include truck stop point-of-sale (POS) systems, regulatory compliance programs, and receivables financing options. Comdata provides solutions to six primary industries: fleet, retail, government, aviation, construction and restaurant/hospitality. Founded in 1969 and headquartered in Brentwood, Tenn., with more than 1,100 employees in the United States and Canada, Comdata is a wholly-owned subsidiary of Ceridian Corporation. www.comdata.com
Ceridian is a global business services organization that offers a comprehensive range of innovative solutions. From human resources and benefits to accredited employee assistance, work-life and health and productivity services, Ceridian helps organizations maximize their human, financial and technology resources. As a payroll outsourcing company, gift cards and controlled spending, Ceridian is also a driving force in payment innovation. Whether partnering to improve employee productivity, save money or minimize financial risks, Ceridian's business is to help organizations stay focused on their business. www.ceridian.com
About Regal Software Technologies
As a Microsoft Gold Certified partner, Regal Software Technologies is a provider of Enterprise Resource Planning software to organizations in multiple vertical markets including public utilities, transportation, healthcare, and food distribution. The company's consulting practice offers business process and software implementation services with a seasoned team of industry and technical experts. Implementation services include accounting, warehouse management, distribution and human resource management, with a strong emphasis on improving efficiency and cost reduction. Regal is also the publisher of RegalPay, an innovative software application that enhances the order-to-pay business processes. Regal Software Technologies is headquartered in Atlanta, Ga., with operations throughout the United States, The Caribbean and London, UK. The privately owned company's purpose is to enable organizations to excel in a continually challenging business environment by leveraging innovative, state-of-the-art software technology. www.regal-us.com
Originally posted on Green Fleet Magazine