Building major breaks ground on RPM

DENVER, US: PrimeSource Building Products, Inc., headquartered in Irving, Texas, is the newest user of Open Scan Technologies, Inc.’s Enterprise Receivable Process Management (RPM) Software. PrimeSource is  a purveyor of fasteners in the world, and one of the largest distributors of building materials in North America.

“OPEN SCAN brings significant business value to manufacturers, distributors and other B2B companies nationwide,” said Nadine Lange, OPEN SCAN President and CEO. “We provide the only configurable receivables solution available today that provides higher hit rate accuracy, same-day cash application, integrated deduction identification, and optimizes collection efficiency.”

Open Scan Technologies, Inc. develops enterprise receivables process management software for corporations. The software addresses the entire receivables function from image and data capture through remittance processing and receivables matching, to deduction / dispute resolution, to cash application. Corporations, financial institutions, and government agencies that receive either electronic or paper payment and remittance documents realize the highest levels of automation, data accuracy and operational savings for their receivables processing environments, adds a press release.

PrimeSource’s 35 distribution centers throughout the U.S. and Canada deal in building materials from industry leaders such as Nucor, National Gypsum, Owens Corning, GAF/Elk Roofing Materials, GE Sealants & Adhesives and many other recognized and respected manufacturers.