AdvanceMe Wins 2007 American Business Award (Stevie) Best in Class MIT and IT Category Winner |
atlanta (June 13, 2007) –AdvanceMe, Inc. (AMI), the nation’s foremost provider of Merchant Cash Advances for small and mid-sized businesses, announced today that it was named as the Winner in the Best MIS & IT Organization category at The 2007 American Business Awards. Hailed as “the business world’s own Oscars” (New York Post , April 27, 2005), The American Business Awards are the only national, all-encompassing awards program honoring great performances in business. Stevie Award winners were announced during the annual gala on Monday, June 11 at the Marriott Marquis Hotel in New York City. More than 700 executives from across the U.S.A. attended. The ceremony was videocast on the Internet and broadcast on radio, and hosted by Larry Wilmore of TV’s THE DAILY SHOW with JON STEWART. More than 2,000 entries from companies of all sizes and in virtually every industry were submitted for consideration in more than 40 categories, including Best Overall Company, Best Executive, Best New Product or Service, and Best Corporate Social Responsibility Program. AdvanceMe competed in the Best MIS & IT Organization category along with such esteemed companies as NCR, ETrade and John Hancock Signature Services. AdvanceMe’s nomination and win is credited to its Data, Systems and Technology (DST) Division and its development of an Enterprise Information System (EIS). EIS is an advanced, scalable system provides data capture as well as reporting capabilities. AdvanceMe leverages its capabilities to address the issue of workflow management and information analysis throughout the customer lifecycle. By organizing and collecting information from pre-application to submission completion and then throughout the life of its main product, a Merchant Cash Advance, the company is able to more effectively handle customers, manage sales and marketing programs and create predictive models that increase opportunity and minimize risk. This proprietary system rivals that of much larger corporations, and enables AdvanceMe to effectively and efficiently provide working capital to small and mid-sized business owners. “We are proud to have our distinguished Data, Systems and Technology Division recognized for their development of this cutting edge system and are excited to be in the company of such leading edge firms. We strive to constantly improve our service to our customers through investment in technology, and have a great DST team behind us supporting that objective,” explained Glenn Goldman, chief executive officer of Capital Access Network, the parent company of AdvanceMe, Inc. “The system has enabled AdvanceMe to speed up the merchant approval process while increasing the work capacity of our employees. We are proud to honor our DST team and its achievement with this esteemed award.” Details about The American Business Awards and the list of Finalists and Winners in all categories are available at www.stevieawards.com/aba.
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