Treasury workstation provider SunGard AvantGard says it has added Open Scan to its AvantGard Receivables solution suite to give companies the ability to capture remittance data. Open Scan will help companies feed remittance data right into their cash application solution, helping them reduce lockbox processing fees and lower their Days Sales Oustanding, AvantGard says.
Compliance 360, an Atlanta-based provider of governance, risk and compliance software, has launched a Third Party Risk Management solution to help companies manage their relationships with customers, suppliers, service providers, consultants and employees, the company says. The product includes a contract management system, policy and procedure management and incidents and case management. According to Compliance 360, the solution's dashboards help executives track key vendors and the risks related to them, and its Virtual Evidence Room contains all contracts, risk management policies and actions.