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SunGard's AvantGard Receivables Solution Given Highest Score in Receivables & Collections Management Report

SunGard today announced that PayStream Advisors, a technology research and consulting firm, has ranked SunGard's AvantGard's Receivables Solution as number one for vision and traction in its Receivables and Collections Management 2.0 report. SunGard was the only vendor, out of nine reviewed in the report, to be given an advanced score in all six categories including credit facilitation, settlement, remittance processing, collections, dispute management and reporting.

SunGard's AvantGard solution helps customers to improve liquidity management by delivering solutions for operational control and visibility of treasury, receivables and payments operations.

PayStream Advisors is a specialized consultancy that provides third party research, technology vendor consultation and corporate consultation, covering areas such as risk assessment, solutions options implementation preparation.

The report states that: "SunGard's AvantGard product offering is arguably the most comprehensive of the RCM (Receivables and Collections Management) vendors. Besides offering the most extensive process coverage, AvantGard is very experienced in terms of data integration with a wide range of other vendor's systems. Adding SunGard's expertise in enterprise data management and security, no other best-of-breed RCM vendor can come close to providing global organizations with the extensive resources AvantGard can bring to the table."

The report also states that: "While its solutions remain the benchmark against which all other collection and dispute management products are measured, AvantGard has positioned itself in the vanguard for the delivery of comprehensive financial supply chain management tools."

CJ Wimley, chief operating officer of SunGard's AvantGard Receivables business, commented: "We are pleased to be recognized for our continued contributions to financial supply chain management. Effective treatment of trade receivables is a key link in the financial supply chain and helps organizations to drive liquidity and mitigate risk. AvantGard helps organizations to effectively manage trade receivables in order to improve cash flow and reduce borrowing costs by providing automation, workflow and collaboration across the Order-to-Cash cycle. Additionally, organizations that consolidate data from disparate systems and platforms into the AvantGard Receivables solution gain a single view of their cash -- helping them to improve their cash forecasting and risk analysis."

About AvantGard
SunGard's AvantGard is a leading liquidity management solution for corporations, financial institutions and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around treasury, receivables and payments management. The solution aggregates data for a single view of cash, drives productivity through automation, and fosters collaboration between trading partners.

About SunGard
With annual revenue exceeding US$4 billion, SunGard is a global leader in software and processing solutions for financial services, higher education and the public sector. SunGard also helps information-dependent enterprises of all types to ensure the continuity of their business. SunGard serves more than 25,000 customers in more than 50 countries, including the world's 50 largest financial services companies.

Trademark Information: SunGard, the SunGard logo, and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.

Vendredi 18 Janvier 2008

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