BancTec And Apptricity Create Service And Distribution Partnership

BancTec, a global provider of advanced, high-volume, document and payment processing solutions and services, announced today that it has signed a joint service and distribution agreement with Apptricity, a fast-growing provider of enterprise service-oriented architecture (SOA) software solutions for supply chain, workforce and financial management.

Under the agreement, BancTec will provide Apptricity and their customers with advanced enterprise transaction management, process transformational consulting, and leveraged multi-document processing from its network of 9 operating sites in the U.S., and potentially from its overseas operations.

BancTec will also utilize Apptricity software in its business process outsourcing (BPO) centers across the U.S., offering the software as a value-added module that its customers can select when contracting for other processing services. As a result of the distribution relationship, BancTec is helping Apptricity reach a broader set of customers.

"Apptricity has a strong suite of enterprise software applications that has attracted many commercial and government clients, including Wal-Mart and AT&T," said Jeff Brown, BancTec vice president for Business Process Outsourcing in the Americas. "We look forward to using their distinctive and valuable technology as a differentiating tool-set in process transformation opportunities."

"BancTec has significant experience providing outsourced services for some of the largest corporate and governmental organizations in the U.S. and Europe," said Tim Garcia, president for Apptricity Corporation. "Their expertise in imaging and data extraction will add significant value to some of our most important engagements, while their offering our solutions in their BPO centers will open new channels of business in the BPO market space."

SOURCE: Business Solutions Magazine