Automates invoice processing saving significant time and money
EasyLink Services International Corporation ("EasyLink" or "Company") (NasdaqCM: ESIC)(www.EasyLink.com), a global provider of comprehensive messaging services and e-commerce solutions, today announced it has signed The Commonwealth of Pennsylvania for its Managed EDI Services for an initial three year term.
Processing over 1,000 invoices each month, the Commonwealth conducted a study to determine the costs associated with the manual processing of invoices. Their study concluded that the cost per invoice processed was $12.00. By implementing EasyLink’s EDI solutions they are realizing a savings of thousands of dollars per month, on invoice processing alone, since EasyLink’s EDI solution costs only pennies per invoice.
EDI not being a core competency for The Commonwealth, they searched for a partner who was proficient in EDI and data transformation services and who could manage EDI documents for them in proprietary formats. EasyLink demonstrated the ability to implement a secure, customized solution quickly and within budget.
“In today’s economic environment, companies of all sizes are looking for new ways to reduce costs and streamline operations,” said Kevin R. Maloney, Senior Vice President of Global Sales and Marketing, EasyLink Services. “Understanding the costs associated with invoice processing and being able to quickly and easily remove or reduce those costs has an immediate impact to the bottom-line.”
About EasyLink Services International Corporation
EasyLink Services International Corporation (EasyLink) (NasdaqCM: ESIC), headquartered in Norcross, GA, is uniquely positioned to deliver a variety of messaging services that range from simple web-based fax delivery to sophisticated fax hosting, tailored corporate e-mail messaging, EDI business-to-business exchanges and specialized telex protocol transmissions for the marine and finance industries. With over two decades of servicing customers around the globe, EasyLink has established a proven track record for providing effective, reliable and secure communications. For more information on EasyLink, visit www.EasyLink.com.
Forward-Looking and Cautionary Statements
Except for the historical information and discussion contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those indicated by such forward-looking statements. These and other risk factors are set forth under the caption "Risk Factors" in the Company's Annual Report on Form 10-K, the Company's quarterly reports on Form 10-Q and the Company's other filings with the U.S. Securities and Exchange Commission. These filings are available on a website maintained by the Securities and Exchange Commission at www.sec.gov. The Company expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein as a result of new information, future events or otherwise.
Contacts:
EasyLink Services International Corporation
Pamela Bernardino,
1-732-652-3733
pbernardino@easylink.com
