Automated On-Demand Service Validates and Reconciles Critical Business Information
Naperville, IL – February 23, 2007 – Infogix, Inc., the leading provider of automated information control solutions, today announced the launch of its online business information validation service. The new Integrity Validation ServicesSM (IVS) enables businesses to assure the accuracy, consistency, and reliability of their critical information – without installing software. IVS provides automated verification, balancing, reconciliation, and monitoring of information in any existing format.
"The increasingly complex topography and flow of critical business information warrants frequent and independent validation to contain the risk and costs of bad information," said Joe Dupree, IVS Business Unit Leader at Infogix. "IVS enables mid-sized companies to benefit from the proven automated information control platform that has evolved and served our Global 2000 customers for 25 years."
IVS is software-as-a-service (SaaS) so there is no drain on IT people to implement – no enterprise software to learn, install, administer, and upgrade. IVS subscribers use secure file transfer to send their information into IVS. IVS analyzes the information against application and business specific information integrity rules. When IVS finds problems, it alerts the appropriate persons so that remedying steps can be taken before bad information propagates into downstream reports, statements, and other business applications.
Specific business problems that IVS solves are varied. Many subscribers will use IVS to assure the integrity of financial accounts and transactions. Others will assure integrity of their billing, statements, payroll, claims, receipts, or payments. Any information whose correctness is important enough to apply manual efforts to audit, balance or reconcile is an opportunity to leverage IVS to automate. The results will be greatly improved information integrity at substantially lower cost.
"In many cases, adoption of a new IT solution means your IT department will be tied up for weeks or even months creating new data output formats in order to integrate with the solution," said Joe Dupree. "IVS subscribers do not need to do this. They can send their existing reports, spreadsheets, database extracts, and other files into IVS without having to reformat them. This makes it as simple as possible to quickly implement automated information controls."
About Infogix, Inc.
For 25 years, Infogix, Inc. has helped organizations assure the accuracy, consistency, and reliability of their critical information. Infogix assures Enterprise Information Integrity through Infogix Controls Solutions. Millions of Infogix Controls have been deployed in hundreds of Global 2000 enterprises. Infogix serves eight of the top ten financial services companies worldwide, and seven of the top ten U.S. life insurance companies. The company maintains its home office in Naperville, Illinois, and has regional offices in the U.S., Canada, Western Europe, and affiliates in Italy, Chile, and Australia. For more information visit www.infogix.com/ivs1 or contact Hani Zughayer at 630.505.5578 or hzughayer@infogix.com.
