Collaboration Brings Web Services to E-Payment

 
 
By Darryl K. Taft  |  Posted 2002-04-09
 
 
 

NEW ORLEANS—Fidesic Corp. and Captura Inc. have teamed up to make the promise of Web services a reality in the electronic invoicing and payment arena using technology from Microsoft Corp.

Bellevue, Wash.-based Fidesic Corp., a Bellevue, Wash., company that develops electronic invoicing and payment (EIP) systems, and Captura Inc., a Kirkland, Wash., provider of Web-based expense management services, on Tuesday announced they will integrate the Fidesic ePayments platform into Capturas flagship service, Captura Expense.

The companies said the integrated product enables Capturas customers to automatically complete the last leg of the expense management process by using Fidesics ePayments platform to move funds directly into the bank accounts of their employees. The combined solution will make the transfer of electronic funds a natural extension of Capturas existing capabilities in expense management and allocation, and bring the benefits of further cost-savings, security, reliability, convenience and integrated data reconciliation, the companies said.

In addition, the companies said that because Fidesics ePayments platform was built as a set of Web services, Captura will incorporate Fidesics ePayments service without expensive integration and customization costs.

Microsoft, of Redmond, Wash., will highlight this integrated Web services approach at its TechEd developer conference here.

Rocket Fuel