Musculoskeletal Transplant Foundation Integrates GETPAID XE with QAD to Automate Collections and Dispute Management

Parsippany, NJ ? The GETPAID® Corporation, the leading provider of software and services for working capital optimization, today announced the selection of GETPAID Express Edition (XE) by the Musculoskeletal Transplant Foundation (MTF) to automate collections, expedite dispute resolution, and enhance customer service.

“We needed a solution that would provide better customer service, allow visibility, and automate the dispute management process,” states Annemarie Graci, accounts receivable supervisor for MTF. “We have over 5,000 active accounts and it can be challenging to contact them on a timely basis. GETPAID?s automated processing will enable us to increase productivity and provide better service to our entire customer base. The portfolio management functionality will also provide visibility for the management staff to better manage risk and track performance.”

“We came to the conclusion that our existing A/R system, would not provide the additional functionality we needed as our business grows” explains Graci. “During our evaluation process we learned that QAD also uses GETPAID, solidifying our decision to purchase GETPAID’s solution.”

A GETPAID customer since 1995, QAD is a provider of enterprise applications for global manufacturing companies providing functionality for managing resources and operations.

Key Benefits for MTF:

• Improved management and control of collections and disputes through automation of workflow and manual processes.
• Performance visibility and monitoring with reporting, portfolio analysis, and an online collections effectiveness index.
• A functionally rich solution, packaged for small-to-medium businesses, offering a lower total cost of ownership with full service implementation and ongoing support services.

“We have seen rapid growth in the small-medium business (SMB) market,” states Dianna Piumelli, CEO for The GETPAID Corporation. “GETPAID XE is targeted specifically to the needs of SMB customers, offering companies such as MTF a proven solution, backed by over 15 years of research and development. We are pleased to welcome MTF to the GETPAID user community representing over 18,500 users from companies of all sizes.”

GETPAID Express Edition (XE) is a fully integrated credit, collection and dispute management solution that enables companies to achieve significant financial and operational benefits. Tailored to meet the budget and functional requirements of small and medium-sized businesses. GETPAID XE can be licensed or leased. Additionally, this product can be accessed as a subscription based service called GETPAID XE On Demand. GETPAID XE On Demand is a Software as a Service (SaaS) offering, thus companies avoid the up-front capital expenditure of hardware and software purchases and ongoing IT costs often associated with traditional software licensing. Time to implement is greatly reduced, offering a more immediate return on investment.

About MTF
The Musculoskeletal Transplant Foundation is the nation?s largest tissue bank dedicated to providing donated human tissue (bone, ligaments, tendons, cartilage and skin) through a commitment to excellence in education, research, recovery and care for recipients, donors and their families. A not-for-profit organization, MTF is a consortium of academic medical institutions and organ and tissue recovery organizations across the country. In 2004, more than 340,000 tissue grafts were distributed by MTF, helping over 225,000 patients. For more information, please visit MTF?s website at http://www.mtf.org/.