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Date Posted: 9/24/2001
Sybiz Teams Up to Improve Vision
Two pioneering Australian IT companies have joined forces to slash costs for businesses through a one-stop-shop for online bill paying.
The latest release of Sybiz Software's flagship product, Sybiz Vision 2.5, enables users to perform cost efficient electronic transactions via Ctel's Business Direct online payment facilities, directly from Sybiz Vision.
Sybiz Vision 2.5, uses a simple interface that guides users through to Ctel's Business Direct sites for online transactions, including paying bills and receiving payment from a credit card or direct debit via the Internet.
Sybiz Software Customer Service Director Sevva Nelson said Vision 2.5 provided a one-stop-shop for invoicing and receipting, which enabled total reconciliation from one point. "Vision reduces accounting administration costs for businesses by allowing creditors to pay directly into their bank accounts," she said.
"It enables businesses to easily apply for a merchant facility via the Internet that would usually be a long and complicated process via a bank. Integration with Ctel means Vision users can set themselves up as billers and customers can pay directly into their account or vice versa, regardless of who they bank with."
All transactions are automatically tracked back through the accounting system to provide a detailed audit trail of payments.
Ctel Technologies, an Adelaide based eCommerce organisation, specialises in the delivery of tailor made electronic bill payment solutions for Government Agencies, Utilities and Corporate Bodies throughout Australia and New Zealand.
Ctel Technologies, which currently processes in excess of $150 million in payments for its national customer base, provides a secure encrypted network and a national redundant infrastructure located in secure Telehoused Data Centres.
Sybiz Software is an Australian accounting software pioneer that has tens of thousands of clients in this country with exports to regions including Asia, the US and Europe.
Sybiz Software, with its worldwide software development headquarters in Adelaide, services businesses predominantly in the wholesale, distribution, point-of-sale and service industries with a turnover from about $1 million to $100 million.
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