News & Events
Averitt Express Selects Open Scan
Cookeville, TN – October 20, 2011 – Averitt Express, a leading provider of freight transportation and supply chain management with international reach to more than 100 countries, is the newest user of Open Scan Technologies, Inc.’s Receivables Process Management (RPM) Software.
Averitt specializes in delivering customized solutions with a single source of accountability for service offerings that include cross border/domestic offshore, dedicated, expedited, intermodal, international ocean/air, local customization, less-than-truckload, PortSide®, transportation management, truckload (dry van, flatbed, brokerage), warehousing and value-added services, including a centralized call center, strict performance metrics and an ongoing focus on green/sustainability efforts. Averitt’s technology offerings include a full suite of web-based shipping tools, electronic data interchange (EDI), and transportation and operations management systems.
Accounts receivable process management tends to be a costly and time consuming process. Traditional approaches typically do not leverage advancements in today's technology, thus creating inefficiencies in the overall process. Open Scan’s solution will provide Averitt Express with the ability to:
- Reduce overall operational costs
- Gain greater controls
- Achieve higher hit rate accuracy
- Enjoy faster cash application
- Automate deduction identification and coding
- Benefit from an integrated payment workflow
- Realize more efficient and timely collections activity
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About OPEN SCAN
For more than a decade, Open Scan Technologies Inc. has revolutionized enterprise financial workflows with industry-defining product innovations in payment capture, remittance processing, cash application, payables, and deduction management. Corporations, financial institutions, and government agencies realize unrivaled performance and efficiency as well as measurable savings and increased accuracy of data.
Contact Information
Open Scan Technologies, Inc.
Ryan Stoops
Marketing Manager
303.867.7410
rstoops@openscan.com