US Legal Support Incorporated Selects SunGard’s AvantGard to Help Automate Its Order-to-Cash Cycle
August 2, 2011 — Houston, TX
US Legal Support Incorporated, a provider of full-service court reporting, record retrieval, legal staffing, litigation, trial and document review services, has selected SunGard’s AvantGard Receivables to help automate its order-to-cash cycle for improved operational efficiencies and cash flow.
US Legal Support Incorporated will consolidate its credit and collections data into the AvantGard Receivables solution for a single view into its accounts receivable portfolio. The solution will help drive collections and deduction management strategies for improved efficiencies and a reduction in days sales outstanding (DSO) and dispute cycle time and volume. Additionally, the reporting capabilities will offer the ability to access and share information to help accurately forecast cash, track performance and perform root-cause analysis.
“Having data in multiple locations, plus a shortfall in workflow capabilities, has made managing collections and disputes costly and time-consuming. Additionally, we didn’t have the resources or infrastructure to maintain a new system. We selected SunGard’s AvantGard to help us consolidate our data, improve operational efficiencies and obtain greater visibility into our cash flow without having to allocate resources or infrastructure to maintain the solution,” said Steven Drexel, chief financial officer, US Legal Support Incorporated.
“Organizations like US Legal that are tasked with reducing DSO and improving operations are often challenged by available capital or limited IT resources. For this reason, we offer AvantGard Receivables Xpress Edition; a SaaS* delivered solution requiring no onsite software implementation,” said Jim Mangano, senior vice president, receivables solutions, at SunGard’s AvantGard business unit. “Depending on the requirements of our customers, we can deploy on premises, in a hosted environment or using our Xpress Edition which is SaaS delivered. This flexible deployment option is helping US Legal to have the technology that best fits their business requirements, while keeping operating costs down.”
*SunGard Financial Systems is pursuing a visionary initiative to transform some of the key functionality of its core systems into components creating software-as-a-service (SaaS)-based solutions. Leading this strategy is Infinity, which uses a service-oriented architecture (SOA) development framework, offers a business process management platform (Infinity Process Platform) and a virtualized, on-demand delivery infrastructure.
About U.S. Legal Support
U.S. Legal Support provides Court Reporting, Record Retrieval, Legal Staffing & Document Review and ESI, Litigation & Trial Services to law firms, insurance companies and corporations nationwide. Our Power of Commitment ensures that all these services are provided with accuracy, speed and advanced technology. U.S. Legal Support has numerous offices across the country reflecting hundreds of years of combined experience in the legal support business. It is our commitment to being available, involved and accountable that sets U.S. Legal Support apart. For more information, visit www.uslegalsupport.com.
About SunGard’s AvantGard
SunGard’s AvantGard is a leading liquidity management solution for corporations, insurance companies and the public sector. AvantGard provides chief financial officers and treasurers with real-time visibility into cash flows and increased operational controls around receivables, treasury and payments. AvantGard helps companies drive free cash flow and reduce inefficiencies across the ecosystem of suppliers, buyers, banks and other trading partners. For more information, visit www.sungard.com/avantgard.
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves more than 25,000 customers in more than 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue of about $5 billion, SunGard is ranked 434 on the Fortune 500 and is the largest privately held business software and IT services company. Look for us wherever the mission is critical. For more information, please visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and AvantGard are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.