February, 2018 Atlanta, GA. — Tom Womble, VP Product and Account Management, of CEDAR Document Technologies, has been reelected to the Business Payments Advisory Committee and the Payment Innovation Alliance Strategic Advisory Committee for NACHA — The Electronic Payments Association, effective January 2018.
NACHA serves as trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects thousands of financial institutions in the nation.
CEDAR Document Technologies (CEDAR) is a leading provider of hosted/managed direct-to-consumer (D2C) and business to business (B2B) servicing and payment solutions.
Womble, a NACHA member for the past nine years, applied for the committee position in August 2017 and was reelected by the global organization’s membership in November for a two-year term covering 2018 and 2019. He is currently attending the Payments Innovation Alliance Meeting in San Francisco.
“The Payment Innovation Alliance is a group of industry leaders that share best practices for solving customer payment issues and assist NACHA with driving the direction of innovative ACH payment process changes that serve B2B, B2C, and P2P markets.” Womble said. “It is a pleasure to serve with this group of industry leaders and help companies develop efficient processes and create seamless customer experiences.”
“Serving on the NACHA advisory committees provides insight into the latest payment industry innovations as well as the ability to influence payment industry direction to ensure CEDAR continues to provide value to our customers.”
Tom Womble, Vice President, Product and Account Management
Through monthly committee meetings, calls and conferences, Womble will work with industry peers to advance technologies and drive innovation in the business-to-business invoicing and payments industry. He also plans to work with the committee to drive down the cost of inefficient business processes and costs related to manual processing that he says are rampant throughout the business-to-business invoicing and payment ecosystem.
Read about Tom’s previous election to the committee
About CEDAR Document Technologies (CEDAR)
CEDAR Document Technologies is a leading provider of hosted/managed direct to consumer (D2C) servicing and payment solutions, with a specific focus on Digital Customer Communications Management. CEDAR’s D2C services include a suite of digital and print services for account communications, transaction history, payments, and profile/preference management. Most importantly, the CEDAR D2C platform provides a single source for all consumer activity for customers, marketing and support personnel. www.cedardoc.com
About NACHA — The Electronic Payments Association
NACHA—The Electronic Payments Association is the steward of the ACH Network – one of the largest, safest and most reliable payment systems in the world. The ACH Network creates value and enables innovation by universally connecting all U.S. financial institutions, and moving money and information directly from one bank account to another. In 2016, there were 25 billion ACH payments made that moved $43 trillion. NACHA also brings together diverse organizations to develop rules and standards to benefit payments ecosystem participants, including Electronic Benefits Transfer (EBT) and healthcare Electronic Funds Transfer (EFT). By collaborating with other standards organizations and geographies, NACHA facilitates compatibility and integration with U.S. payments. www.nacha.org
Questions about CEDAR Document Technologies? Give us a call at (770) 395-5060 or email us at email@example.com.