3i Infotech, Regulus Group and J&B Software Demonstrate Total Cost of Ownership Savings Within the Corporate Revenue Chain

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Companies showcase flexibility of revenue chain solutions and leadership in billing and remittance processing at the AFP annual conference

3i Infotech, Regulus Group and J&B Software are demonstrating how to uncover total cost of ownership savings within the corporate revenue chain at the Association of Financial Professionals (AFP) Annual Conference in San Francisco, being held Oct. 4-7 at the Moscone Center. 3i Infotech, a global provider of IT solutions, delivers end-to-end revenue chain solutions in combination with its subsidiaries, Regulus Group, the premier provider of outsourced billing and payment services; and J&B Software, a leader in remittance and payment processing software. The companies are exhibiting their billing, remittance processing, imaging, remote capture, electronic deposit and other products and services in booth #2015 at the show.

The 3i Infotech, North America group of companies has developed a unique approach to cash collection that extends savings further into the enterprise than other available solutions. By taking a consultative approach to evaluating a company's cash collection processes, the 3i Infotech companies not only uncover areas of inefficiency and cost savings, but deliver world-class solutions for all parts of the entire revenue chain, whether the need is for outsourced, in-house, hybrid or managed solutions. And since these solutions come from a single vendor, management is simplified and management expenses are greatly reduced.

"Because of the importance of the revenue cycle process to an organization, many companies become so focused on their day-to-day treasury operations that they often miss the savings opportunities in front of them," said Kathy Hamburger, CEO and president of 3i Infotech, North America. "3i Infotech delivers a full suite of revenue chain solutions, not just one or two pieces, so we understand that the impact of the end-to-end revenue chain extends well beyond the treasury department to include finance, marketing, customer service and more. We help companies find ways to improve processes and reduce total cost of ownership from the production floor to the executive suite."

Regulus is the largest outsourced remittance processor and the second-largest outsourced bill presentment provider in the United States. J&B provides enterprise software used to process over two billion transactions annually. 3i Infotech delivers technology solutions to more than 1,500 customers in over 50 countries across five continents.

About Regulus Group:

Regulus Group is the premier provider of outsourced billing and payment services designed to accelerate cash, improve corporate productivity and reduce overall management costs. Our integrated approach to the payment lifecycle enables Regulus customers to outsource and automate their most resource-consuming billing and payment requirements while actually increasing control over the entire process. As the largest outsourced payment processor and second-largest outsourced bill presentment provider in the United States, Regulus services over two billion paper and electronic transactions every year for companies in the telecom, insurance, finance, utility, and healthcare industries. Regulus is a subsidiary of 3i Infotech. For more information, visit http://www.regulusgroup.com.

About J&B Software:

J&B Software provides payment processing, imaging, electronic content management and capture solutions to businesses worldwide. The Company works with over 160 industry leading organizations including regional and money center banks, insurance companies, mutual funds, credit card processors, brokerage, telecom, utilities, government, non-profit and commercial organizations. J&B Software's library of core applications and product modules utilize open architecture software and hardware platforms. The Company's extensive application suite includes solutions for retail/wholesale lockbox, remote image capture, ARC/Check 21 electronic clearing, intelligent document recognition, healthcare EOB processing, full-page document management, transaction archive and online customer query. J&B Software is a winner of the TAWPI Hall of Fame Award for technology innovation and excellence and its 400+ employees are fully committed to improving the operational effectiveness and profitability our clients. J&B Software is a subsidiary of 3i Infotech. For more information, visit http://www.JBSoftware.com or call 215-641-1500.

About 3i Infotech:

3i Infotech is one of India's leading IT companies and among the top 4 Indian Software Products Companies.* The Company provides software products and IT services (Managed IT Services, Application Software Development & Maintenance, Payment Services, Business Intelligence, Document Imaging & Digitization, Operations Outsourcing (BPO) and IT Consulting) for the Insurance, Banking, Capital Markets, Mutual Funds, Wealth Management and Government verticals. The Company services customers in over 50 countries across five continents.

3i Infotech is SEI CMMI Level 5 compliant for Software Services, ISO 9001:2000 certified for BPO Services and ISO 27001:2005 certified for Infrastructure Services.

  • Source: Dataquest

Disclaimer:

Except for the historical information contained herein, statements in this release, which contain words or phrases such as "will", "would", "expect", "believe", and similar expressions or variations of such expressions may constitute "forward-looking statements". These forward-looking statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of our principal international markets, the performance of the industry sectors in which our clients are based, the performance of the information technology industry sector world-wide, competition, our ability to obtain statutory and regulatory approvals and to successfully implement our strategy, future levels of our growth and expansion in business, technological implementation, changes, advancements, and redundancies, the actual demand for software products and services, or the future potential or feasibility thereof, changes in revenue, income or cash flows, our market preferences and our exposure to market risks, as well as other risks. 3i Infotech undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

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