News from the Wire

Payscout partners with IT Convergence on Oracle Cloud implementation

Friday, January 20, 2017 — 12:44:08 (EST)

Reno, Nev., Jan. 20, 2017 -- IT Convergence, an application services provider with global capabilities and a Cloud Standard level member of Oracle Partner Network (OPN), today announced its second successful Enterprise implementation of Oracle ERP Cloud applications.

Payscout, was using an online accounting solution and an outsourced invoice processing company to run their business. Their biggest challenge was the inability to scale during periods of rapid growth without adding additional costs and overhead. By implementing and leveraging the scalable architecture of the Oracle ERP Cloud solution, they were able to automate its invoice processing and continue their growth trajectory without adding costs.

"The strength of Oracle's Fusion Financial Management Cloud solution will enable us to better support the entrepreneurial dream of our global client base," said Payscout Chief Financial Officer Dan Gardner. "The IT Convergence team was a great partner for us in the development and deployment of Oracle's robust technology stack. We now have an Enterprise ERP cloud service that supports increased productivity and accelerated business performance."

IT Convergence was able to implement the solution and work through complex integrations with Payscout's existing credit card processing platforms in only nine weeks. The entire Oracle Cloud Financials suite had been implemented by incorporating best practices specifically tailored to the needs of the finance industry.

IT Convergence and Payscout are committed to establishing a long-term collaborative partnership—creating an IT roadmap that can carry Payscout into the future by implementing industry-leading technology solutions that can scale with their business needs and growth.

Read more about how IT Convergence's other financial services customer went live with Oracle ERP Cloud in only two weeks here!

About Payscout, Inc.

Payscout is a global payment processing provider covering six continents. Payscout offers payment processing solutions for brick-and-mortar and eCommerce transactions, specializing in online/eCommerce retailers with a predominant proportion of card-not-present (CNP) transactions; it is one of the few providers delivering a true global payment solution that encompasses all merchant risk.

About IT Convergence

In a global landscape marked by continual technology reinvention and increased competition, IT Convergence brings unmatched technical and business expertise to help organizations of all sizes navigate the space where technology complexity and business criticality converge, making a future-ready digital strategy a reality – today.

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Source: Company press release.