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Press Releases

Paymetric Experts to Deliver Presentations at Spring Conferences

SAP Financials 2005… America’s SAP Users’ Group (ASUG) Annual Conference 2005 …
to showcase Paymetric expertise in SAP-integrated payment card solutions
and National Association of Purchasing Card Professionals (NAPCP) Annual Conference


Houston, March 16, 2005
– Two Paymetric, Inc. authorities on SAP-integrated payment card solutions will represent Paymetric during presentations at upcoming Spring conferences, to be attended by C-level executives; purchasing card professionals; technical managers, architects and analysts; and SAP users at all levels from many of the world’s largest companies.

For suppliers, Eric Bushman, Director of SAP Solutions for Paymetric, will discuss opportunities to “Reduce the days of sales outstanding (DSO) with payment card processing in SAP.” By accepting payment cards, suppliers can improve cash flow dramatically, accelerating the settlement deposit process from 30-90 days for paper-based transactions to 24-72 hours. The associated cost savings can amount to more than $7.00 per invoice, or in excess of $1 million annually for large organizations using SAP. Bushman will explore the process of implementing payment card processing functionality within SAP R/3 FI and SD at:

  • SAP Financials, March 14-16, Orlando


For corporate buyers, David Maier, Senior Solutions Consultant for Paymetric, will address opportunities to “Automate your payment card purchasing programs to lower transaction costs and increase financial visibility.” Payment card purchasing programs are often labor-intensive, especially when individuals must collect, approve, and classify each purchase card transaction. Maier will discuss strategies to leverage existing SAP R/3 infrastructure to automatically manage payment card purchasing and/or corporate purchasing programs at:

  • SAP Financials, March 14-16, Orlando
  • National Association of Purchasing Card Professionals (NAPCP) Annual Conference, April 10-13, Orlando
  • America’s SAP Users’ Group (ASUG) Annual Conference 2005, May 1-4, Anaheim, CA


About Paymetric, Inc.
Paymetric, Inc. provides financial supply automation solutions for credit card and payment card transactions, enabling organizations to integrate buying and selling functions into their ERP-enabled business operations. For businesses accepting cards, Paymetric seamlessly integrates card transactions across the enterprise and through financial institutions to enhance cash flow, reduce days outstanding and increase compliance with processors. For organizations with purchasing card programs, Paymetric integrates card activity into the procure-to-pay process for greater expense control, increased financial visibility, and consolidated procurement records. An Austin Ventures portfolio company, Paymetric is an award-winning SAP partner and a certified SAP developer. Additional information can be found on the company’s web site, www.paymetric.com.

Contact
Wayne Wilson, (713) 895-2007, wwilson@paymetric.com


Paymetric Corporate Brochure

Secure ERP Payment Acceptance Solutions

An Introduction to On-Demand Electronic Payment Processing

A Receivables Management Solution Option

Outsourcing Payment Security

How outsourcing security technology is changing the face of electronic payment acceptance practices.

Pioneer Electronics

How Paymetric helped Pioneer Electronics maximize security, minimize risk and reduce SAP downtime to maintain compliance