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Article: A view from a vendor: Abacus. (Management).(Brief Article)
- Article from:
- Chemical Market Reporter
- Article date:
- July 22, 2002
- Author:
CopyrightCOPYRIGHT 2002 Schnell Publishing Company, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A ACCELERATING CASH flow is an ongoing goal, and how to improve financial performance by leveraging internal accounting data is the strategic focus of software vendors, consultants, and business services firms of all sizes. The focus for Abacus Payment Systems Inc., a Newtown, Pa.-based receivables outsourcing and information services firm, is on providing solutions for better accounts receivable management to improve cash flow.
"What we do is provide outsourcing and technology solutions to accelerate cash flow, minimize credit and collections risk, and transform accounting data into business intelligence' says David Allen, president of Abacus Payment Systems. ...