Foley Carrier Services Implements Bayside Business Solutions' CADENCE System
FOR IMMEDIATE RELEASE
CONTACT:
Nicole Sullivan
Foley Carrier Services
Phone: 800.253.5506
Email: Nicole.Sullivan@Birddog.com
Url: www.foleyservices.com
Peggy Gordon
Bayside Business Solutions, Inc.
Phone: 205.972.8900, ext. 251
Email: pgordon@baysidebiz.com
Url: www.baysidebiz.com
Foley Carrier Services Implements Bayside Solutions’ Cadence System
Glastonbury, CT and Birmingham, Alabama – Sept. 21, 2011 – Foley Carrier Services an innovative business finance company, and Bayside Business Solutions, Inc., a leading developer of commercial finance management software, announced today that Foley has successfully implemented Bayside’s CADENCE platform to administer its business-to-business lending.
CADENCE|Factoringprovides the tools and resources necessary for managing every aspect of the factoring and A/R finance business in a secure, hosted environment. Coupled with Bayside’s Load Processor module, which allows for easy management of the details of advance carrier payments (to third party clients or client divisions), CADENCE is an ideal solution for transportation factoring.
Foley also installed Bayside’s ClientWeb Interface and Imaging Module. The ClientWeb Interface allows Foley’s customers to log into their account twenty-four hours a day for a real time account status whenever it is most convenient for them. And ClientWeb allows those customers to submit information back to Foley. An optional Chat tool further enhances the ClientWeb interface.
With CADENCE’s Imaging Module, Foley will be able to greatly speed up processing by scanning invoices and checks and automating much of the data entry associated with purchases and payments.
Ann Blaya-Arena, Vice President of Operations of Foley Carrier Services, a BirdDog company said, “In our experience this has been one of the smoothest transitions. Cadence has afforded us with more features and functionality beyond our imaginations, as well as the ability to produce invoices for the account debtors, which allows us to provide a value-added service to our client base. The load processor module has proven to be beneficial in tracking and reconciling client advances; resulting in improved workflow and visibility to closed-loop purchasing. Jeanne, our project manager, guided us from concept design through final implementation effortlessly and continues to be wealth of knowledge and strong support.”
“It was a pleasure working with such a driven team. Implementing a new software platform into your everyday operations can be challenging, but this team stayed focused and on task,” remarked Jeanne Moss, Bayside’s Technical Services Manager. She added, “I feel honored to have been a part of the transition. We look forward to this continued partnership as their business grows.”
ABOUT FOLEY CARRIER SERVICES
Foley Carrier Services, a BirdDog company, is a leading provider of motor carrier solutions and drug free workplace programs in the United States. By delivering funds to small- and medium-sized carriers within 24 hours with no hidden costs or set-up fees, Foley’s Transportation Factoring Service is a critical source of funding for carriers facing slow-paying customer and other economic challenges. The company employs more than 90 individuals at its Glastonbury, Connecticut Headquarters. Foley’s factoring division is supported through their Omaha, Nebraska location.
ABOUT BAYSIDE BUSINESS SOLUTIONS
Established in 1999, Bayside Business Solutions is an innovative supplier of portfolio management software to the global commercial lending industry. Bayside has customers throughout North America as well as in Australia, the UK, Europe and Latin America. Its operations are located in Birmingham, Alabama, and include worldwide support capabilities.
