Octapharma Plasma Realizes ePayment Efficiency
Posted in General by Regal Software
Octapharma Plasma Realizes ePayment Efficiency Transfusion With RegalPay ERP Adapter
ATLANTA, GA (29-Jan-2015) – Regal Software, Inc., the leading provider of universal ePayment adapters for accounts payable automation, announced today that Octapharma Plasma is live and transmitting electronic payments from their Microsoft Dynamics GP (Great Plains) Accounting system directly to the Wells Fargo Payment Manager.
Octapharma Plasma Inc. is a U.S.-based company that collects plasma used to create life-saving medicines for patients around the world. They run more than 45 donation centers in the U.S. and employ more than 3,000 people nationally. Their donors are our most valued customers because they make saving and improving lives possible every day. Prior to implementing RegalPay, Octapharma was printing paper checks and struggling with manual entry of electronic payments.
Recognizing the benefit of ePayments and direct automated bank integration, Octapharma is now benefitting from:
Flexible ePayment Types
Improved Controls and Security
A Streamlined Payment Process
“Selecting RegalPay to connect our ERP system to Wells Fargo was a no-brainer,” says Accounting Manager David Lawlor. “Building a custom solution was not for us. We needed more than just a payment file and we wanted a partner with experience. Now we’ve made the transition from manual to electronic check payments and expect to add ACH, Wire, and Commercial Card Payments in the next few months. The implementation was flawless and the support has been fantastic.”
“Octapharma is an excellent example of how companies can speed their adoption of electronic payments,” said Jason Pace, SVP of Business Development for Regal Software. “With RegalPay, Octapharma has eliminated the time, cost, and risk associated with custom development and can do so much more than a simple file transfer.”
About Regal Software
Accounting systems don’t talk to banks out of the box. In order to take advantage of electronic payments, a special software adapter is required. Regal Software makes RegalPay, the only universal “any ERP, any Bank” adapter that connects over 20 ERP systems to a bank in order to process electronic payments such as Check, ACH, Wire, and Commercial Card . Founded in 2008, Regal Software has installed RegalPay in over 1000 locations across every industry from medium size to the Fortune 500.