Creditron Partners with System Innovators to Deliver Online Cashiering Solution

A large Midwest Utility to Implement Integrated Payments Processing and Cashiering Solution

TORONTO, ON, July 20, 2009 – Creditron today announced a partnership with System Innovators, Inc. to integrate its online cashiering solution with Creditron’s ItemAge Express.  System Innovators provides advanced cashiering and collections systems and support for government and utility clients worldwide.

An energy company serving 3.8 million customers from the Gulf Coast through the Midwest to New England, will be the first Creditron customer to implement the integrated payments processing and cashiering solution.  The utility initially will install System Innovators' online retail teller/cashiering technology at 13 workstations.

“The payments space is becoming more challenging every day.  Payments processors are facing top and bottom-line cost pressure, a relentless stream of regulations, and new payment technologies on the horizon,” said Creditron President Wally Vogel.  “There isn’t a magic bullet for all of these problems.  But Creditron’s partnership with System Innovators will provide a flexible cashiering solution to streamline processing workflows.”

Creditron will integrate System Innovators’ browser-based iNovah cashiering solution into its ItemAge Express platform.  Designed to manage payment collection activities from cashier stations, iNovah features a centralized on-premises database, a comprehensive toolset for collecting, reporting, managing and auditing over the counter revenue data, a highly secure and robust system architecture, and support for industry standard hardware and software.

iNovah handles a wide range of over the counter transaction activities, including accepting cash, checks and credit cards, suspending or resuming payments, voiding payments, and correcting payments.  The solution works in either an online or off-line mode.  What’s more, if connectivity fails, iNovah can still process over the counter transactions; once connectivity is restored, off-line payments are automatically sent to the system’s central database.

iNovah also features robust reporting.  The solution comes with over 150 standard reports, and as more are developed, they are made available to all system users.  Authorized users can display and print reports from any PC with a Web browser.  And reports can be scheduled to automatically run at pre-set times and dates, and distributed via e-mail to designated users. 

About System Innovators

System Innovators is the leading cashiering solutions provider for city, county, state and federal organizations as well as municipally-owned utilities.  Since 1980, System Innovators’ unique combination of superior technology and unparalleled customer service has created world-class cashiering and revenue management systems for utility companies and municipal governments in the United States, Canada, Europe, Australia and the Caribbean. For more information, visit www.systeminnovators.com.

About Harris

Harris is a leading provider of utility customer information systems (CIS), billing, and financial management software solutions. Since 1976, Harris has focused on providing feature-rich and robust turnkey solutions to public power and water markets as well as all levels of local government throughout North America. Harris' focus is on creating long-term relationships with our customers and ensuring that we meet the changing needs of our customers over time. For further information on Harris Computer Systems please visit the website at www.HarrisComputer.com, or call 888-847-7747.

About Creditron

Creditron is a leading provider of payment processing, distributed capture, receivables management and electronic billing and payment solutions.  Its solutions combine industry standard operating systems and advanced imaging, scanning and data recognition technology to help financial institutions, businesses and other entities optimize operations performance and improve customer service.  The company’s over 350 North American customers process more than 400 million transactions annually, representing over $100 billion.  For more information, visit www.creditron.com.

Creditron is a registered trademark of Creditron Canada, Inc.

Contact:  
Bill Genard,
Creditron
603.772.1499
bgenard@creditron.com