Our referral partnership with Professional Solutions enables childcare-centered businesses to run as cost-effectively as possible with low-cost processing combined with a best-of-breed software solution. Our hats are off to the team at Professional Solutions with whom our Implementation Department built this capability.
Medford, OR (Vocus) April 19, 2008
Professional Solutions, developer of ProCare Software; leader in the childcare management software market with more than 20,000 users, and Electronic Clearing House, Inc. (a division of Intuit, Inc. (Nasdaq: INTU), a leading provider of electronic payment and transaction processing services announced today that they have taken the next step in offering a full service electronic payment solution that fully integrates credit card processing for point of sale (POS) payments with Professional Solution's Tuition Express Service. This new payment function further streamlines the payment processing needs of childcare businesses.
The integrated POS system allows the user to process and post payments directly to ProCare in real time. This innovative approach eliminates the need for centers to process swiped credit card transactions with their bank's interface and then manually post the same transactions to their childcare management software.
The fully integrated POS system addresses the needs of clients that are looking to enhance their current electronic batch processing with a streamlined face-to-face transaction option. With the introduction of Tuition Express' POS services, clients now have a single solution for all their electronic payment needs.
"Our strategic alliance with ECHO Inc. has given us the opportunity to provide ProCare Management Software users with a fully integrated electronic payment solution. The addition of the integrated POS solution will improve the centers' collection efficiencies, reduce internal fraud and minimize expenses. Wherever our customers are in their process of shifting from paper to electronic payment processing, Tuition Express and ECHO are committed to offering more choices, more flexibility and greater availability of services at a significantly lower cost. This innovative approach results in an ideal electronic payment platform for all our users" said Kurtis Hutsell, Vice President of Financial Operations for Professional Solutions.
"ECHO is pleased to expand our services to Tuition Express software users by adding POS payments to the credit card and echeck payments already available," Steve Hoofring, SVP - Operations at ECHO said. "Our referral partnership with Professional Solutions enables childcare-centered businesses to run as cost-effectively as possible with low-cost processing combined with a best-of-breed software solution. Our hats are off to the team at Professional Solutions with whom our Implementation Department built this capability." Tuition Express and ECHO began to roll out their new payment initiatives beginning January 2008. In the first quarter, 20% of Tuition Express users had already begun to use the POS service.
About Professional Solutions: Professional Solutions, developer of ProCare Center Management System is the industry leader in childcare management software solutions. Professional Solutions continues to advance the standard of childcare management, with a focused commitment to help childcare providers achieve excellence in business. Through the company's innovation, research and development ProCare delivers the most efficient, user friendly software solution available to the childcare industry. By maintaining its finger on the pulse of the childcare industry, Professional Solutions introduced its Tuition Express Service in 2003. Users now collect over one billion dollars in childcare payments electronically with Tuition Express. Professional Solutions continues to keep its eye on the horizon, swiftly addressing the industry's software needs well into the 21st century. For further information, please visit the Professional Solutions web site. The site offers in-depth information about ProCare Software's suite of software solutions as well as Tuition Express Service.
About Electronic Clearing House, Inc. (ECHO): A merchant account with ECHO provides a complete payment solution for merchants nationwide, either directly from ECHO or through sales channels that include technology partners, banks, collection agencies and other acquiring entities. Serving a broad range of businesses, ECHO's fully integrated payment processing includes credit card processing, electronic check conversion (ECC), check guarantee, check verification, check collection and debit cards.