On Monday, Direct Insite announced that they formed a strategic partnership with Enterprise Risk Management, a provider of risk management services to businesses and government entities globally. Direct Insite is a leading provider of on-demand services for accounts payable, accounts receivable, and payments automation. Direct Insite automates processes such as electronic invoice distribution and submission; purchase order submission, distribution and acknowledgement; invoice processing and validation; line item matching; approval routing; invoice consolidation; dispute management, as well as payment processing.
Enterprise Risk Management’s service lines include IT security, risk management, computer forensic services, IT audit services, regulatory compliance, and attestation services. Their services range from risk assessments to the design of secure networks to the correction of existing problems. Based in Miami, Florida, Enterprise Risk Management provides local, national, Fortune 500, and international businesses and government organizations with IT and security services. Business Leader Magazine named them a Top 200 South Florida Small Business in 2008.
The partnership will provide Direct Insite customers with access to a more extensive range of services for safeguarding their critical financial information. The partnership also further validates the security of Direct Insite’s processing infrastructure, which is PCI compliant and ISO 9001:2008 certified.
Direct Insite President and Chief Executive Officer, Matthew Oakes, said, “Financial operations face growing IT security and regulatory compliance obligations, as well as increasing risks to the integrity of their systems. Through its services, Enterprise Risk Management provides clients the highest level of expertise to assess and address risks, comply with standards and regulations and mitigate risks. By combining these services with Direct Insite’s highly secure infrastructure, businesses can achieve greater peace of mind about the safekeeping and integrity of their financial information.”
Enterprise Risk Management President, Silka M. Gonzalez, stated, “This new strategic alliance combines the technology, services and industry experience of two market leaders to help organizations address today’s compliance and risk management issues, while positioning them to keep up with continually changing and increasingly complex security demands. Enterprise Risk Management looks forward to working with Direct Insite to meet the needs of financial operations.”
Founded in 1987, Direct Insite delivers on-demand AP and AR solutions that undergo deployment fast, with minimal cost and operational impact, and provide significant benefits across the financial supply chain. The Company has built a record of accomplishment in automating some of the most demanding financial environments. Currently, over 100,000 corporations use the Company’s solutions across 100 countries (representing more than 35 currencies and 17 languages). Direct Insite’s Invoices On-Line (IOL) suite simplifies AP and AR processes including electronic invoice distribution/submission, line item matching, approval routing, purchase order submission/distribution/acknowledgement, invoice processing/validation, invoice consolidation, dispute management, payment portal/processing and reporting and analysis.
For more information, visit www.directinsite.com
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