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DadeSystems partners with leading payment solutions provider United TranzActions

FORT LAUDERDALE, Fla. – April 27, 2015 – (BUSINESS WIRE) – United TranzActions, a leading payment solution provider, today announced that it has signed an agreement with Miami-based DadeSystems, a provider of next generation payment solutions. The agreement will further expand UTA’s extensive payment processing offerings through the addition of DadePay AR Automation receivables management system and DadePay e-payments, the company’s electronic bill presentment and payment (EBPP) solution.

Through the agreement, UTA clients will gain access to cutting-edge features including the ability to accept payments in any form—cash, check, wire, ACH and credit card—and then match those payments to open AR invoices. DadeSystem’s straight-through processing architecture delivers capabilities that will enable UTA clients to further increase cash flow and reduce days sales outstanding (DSOs), a key measure of the efficiency of an organization’s collection activities.

“The partnership between UTA and DadeSystems is an excellent alignment of complementary technologies and shared business philosophies,” said UTA President Dean Middleton. “Like UTA, DadeSystems is recognized for its next-generation payment processing software and personal service. Today’s complex, rapidly-changing payments environment requires innovative strategies and smart partnerships like this to ensure that our clients always have access to the most advanced solutions available in the industry.”

“We are thrilled to be partnering with such a well-respected leader in the payments industry,” said DadeSystems President and CEO Bill Zayas. “UTA has a proven track record of helping clients increase efficiency, maximize revenue, reduce risk and decrease costs. Our solutions focus on these same bottom-line benefits. We look forward to joining forces with UTA and leveraging our combined capabilities to deliver ongoing value to their clients.”