December 31, 2015 Atlanta, GA. Tom Womble, Vice President, Account Services, of CEDAR Document Technologies, has been elected to the Business Payments Advisory Committee for NACHA — The Electronic Payments Association, effective January 2016.
CEDAR Document Technologies (CEDAR) provides hosted managed services for corporate communications, servicing, and payment solutions.
Womble, a NACHA member for the past five years, applied for the committee position in October and was elected by the global organization’s membership in November for a two-year term covering 2016 and 2017. Womble is the first CEDAR employee to be elected to a NACHA committee.
“It gives me an opportunity to continue providing leadership in the space and expand CEDAR’s expertise within Electronic Invoice Presentment and Payment (EIPP),” Womble said. CEDAR’s business-to-business (B2B) EIPP solution lets clients present their customers with an easy-to-use invoicing portal where they can receive, view, dispute, and pay their invoices.
“It just shows that we are on the forefront of driving change within business-to-business invoicing and payments by participating in workgroups that are driving innovation within the industry,” Womble said.
“It gives me an opportunity to continue providing leadership in the space and expand CEDAR’s expertise within Electronic Invoice Presentment and Payment (EIPP).”
Tom Womble, Vice President, Account Services
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.
About CEDAR Document Technologies (CEDAR)
CEDAR Document Technologies is the leading provider of hosted multi-channel customer communication management and self-servicing solutions. CEDAR redesigns web, mobile, document, email and SMS communications to improve the user experience and CEDAR’s platform optimizes the production, management and multichannel delivery of communications and the responses from recipients. www.cedardoc.com
About NACHA — The Electronic Payments Association
Since 1974, NACHA – The Electronic Payments Association has served as trustee of the ACH Network, managing the development, administration and rules for the payment network that universally connects all 12,000 financial institutions in the U.S. The Network, which moves money and information directly from one bank account to another, supports more than 90 percent of the total value of all electronic payments in the U.S. Through its collaborative, self-governing model, education, and inclusive engagement of ACH Network participants, NACHA facilitates the expansion and diversification of electronic payments, supporting Direct Deposit and Direct Payment via ACH transactions, including ACH credit and debit payments, recurring and one-time payments; government, consumer and business transactions; international payments, and payments plus payment-related information. Through NACHA’s expertise and leadership, the ACH Network is now one of the largest, safest, and most reliable systems in the world, creating value and enabling innovation for all participants. Visit nacha.org for more information.