Transactis, Klik Technologies Partner on Hosted Receivables Solution

Jon Gustave, the Founder and CEO of Klik Technologies, said, "Partnering with Transactis to bring their industry-leading detailed electronic bill presentment and payment software to our clients gives us the breadth of services necessary to lead the receivables space. Our combined solution raises the bar for electronic payments processors by providing a truly unique, unparalleled hosted receivables offering that will reduce friction in our clients' payments cycles, and add great cost efficiencies."

"Client reception of the enhanced KliknPay, powered by our new partner Transactis, has been very positive. The solution meets client demand to support the highest volume EBPP applications. They understand the advantages of it seamlessly linking into our unique integrated receivables technology and full set of receivables services."

Lucy Gerzon, a Partner at Grand Management Services, a major property management company in New York, said of KliknPay, "The fact that all of their products work in concert is why we work with Klik and what makes them different. Klik's receivables platform combines all aspects of our payment streams, paper and electronic, completely. We chose KliknPay knowing it would work in lock step with our other Klik receivables products. KliknPay provides us with the ability to service our clients better by offering a convenient, easy to use and fast on line electronic payment option. We also recognize opportunities for internal process efficiencies and a more predictable cash flow."

Joe Proto, CEO of Transactis said, "We are very proud to partner with Klik. I have been processing payments for 28 years and there is not a better full-service lockbox processor in the market today. Klik has earned a leading role in the remittance processing industry by automating many of the most complex payment types and processing steps that even the largest lockbox processors have struggled to solve.

"Klik's innovative, flexible, scalable lockbox platform design technology has consistently created truly client-centric solutions and has proved to me this is an ideal partnership. Their creativity keeps costs low and quality high. Their proven leadership in innovative solutions has allowed them to gain market share from many traditional lockbox processors."