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Albany ships ePay small business edition

22 October 2009  |  2323 views  |  0 Source: Albany Software

Albany Software, the pioneering developer of electronic payment solutions, has today announced the availability of Albany ePAYsbe (small business edition).

This intelligent multi-payment routing solution has been specifically developed for small and medium-sized enterprises (SMEs), enabling between two and five users to manage multiple payment methods. Albany ePAYsbe has the capability to integrate, connect and deliver from any existing accounting infrastructure.

At the core of Albany ePAYsbe is an intelligent processing engine that encompasses Bacs and Faster Payments functionality, as well as facilitating both payments and collections in a single solution. This bank independent payments gateway supports multiple banking relationships allowing the user to efficiently manage their payments in the most cost effective way.

Adrian Stafford-Jones, Managing Director of Albany Software, comments, "Albany ePAYsbe focuses on speed, performance, automation, usability and highly secure cost-effective management of payments. It eradicates the need for re-keying of data and streamlines business processes.

With multiple inputs and outputs Albany ePAYsbe allows for the management of all payment methods within one solution including; Bacs, Faster Payments, European Payments and any others the organisation wishes to add as they become available, such as SEPA (Single Euro Payments Area). Stafford-Jones comments, "SMEs can now utilise the Faster Payments Service, which is much quicker than Bacs as payments are received in near real-time and is a more cost-effective alternative to CHAPS."

Stafford-Jones concludes, "With Albany ePAYsbe, SMEs can automate processes that usually require people resource, time-consuming manual tasks and copious amounts of paper. In addition, with cheques being phased out, Albany ePAYsbe offers an alternative automated payment method and allows for the preferred payment date to be selected - giving greater control of cash flow."

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