VWA and Avolent Partner to Offer First EIPP Technology Integrated within the BPO Model

Vengroff, Williams and Associates (VWA), Inc., a global provider of finance and accounting (F&A) business process outsourcing (BPO) solutions and Avolent, the leader in interactive, self-service electronic billing and payment software, today announced availability of the first ever Web-based electronic invoice presentment and payment (EIPP) service offering to be integrated with the business process outsourcing model: Conveyance EIPP.

Powered by Avolent?s industry-leading AVOLENT7™ Standard Edition software platform, Conveyance EIPP, a 100% Web-based solution, is fully integrated with VWA?s business process outsourcing model and is ideal for companies interested in accelerating cash flow, while reducing operational expenses and improving customer service. The solution will be marketed and sold by VWA?s in-house sales staff and VWA?s business partners. Avolent will also make VWA?s BPO services available to Avolent customers. Conveyance EIPP expects to have its first joint customer in production by September 2006.

Through the integration of people, process and technology, Conveyance EIPP delivers improved customer service and satisfaction, reduced administrative costs as related to billing, increased revenues, accelerated cash flow, and enhanced compliance. Conveyance EIPP automates costly, manual tasks with an interactive, self-service online application to streamline processes such as invoicing, billing, and reconciliation.

?We are delighted to be partnering with Avolent, the recognized leader in electronic billing and payment for business invoicing and payments solutions,? said Mark Vengroff, CEO of Vengroff, Williams and Associates. ?VWA is excited to team with Avolent to provide our growing client base with solutions that have immediate impact for customer service as well as ROI.?

?It?s exciting to see the groundswell of recognition among BPO providers for Web- based self-service eBilling solutions,? stated Doug Roberts, CEO and president of Avolent. ?By basing Conveyance EIPP on AVOLENT7, VWA enables its customers to move away from costly, time-intensive processes and create stronger relationships with their customers. Both our companies have demonstrated a strong track record of industry expertise and proven results.?

Pricing and Availability

Conveyance EIPP is available now. Pricing is based on a subscription model and starts at $5,000 per month.