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GE Capital Launches Automated Meter Reading for Office Imaging Dealers

GE

GE Capital’s Office Imaging (OI) business announced today that it will provide OI dealers who use the e-automate® or OMD® systems with the ability to automatically submit customers’ meter readings and receive customer payment information with no manual intervention. The goal of the integration is to help OI dealers save time and money.

Both e-automate and OMD are automated business management software systems designed for the OI industry. They are developed by Digital Gateway and OMD Corporation, both part of the ECi Software Solutions family of companies.

“As a result of this integration, we hope to enable faster payment recognition for dealers,” said Glen Clark, vice president and general manager of GE Capital’s OI business. “This new process enables dealers to post cash payments received from GE Capital directly to their operating systems and eliminates most of the current steps needed to process meter files.”

GE Capital is a leading provider of innovative financing solutions, including leases and loans, to the manufacturers, dealers and end-users of OI products. With a dedicated team of meter and print management service experts, GE Capital has been billing, collecting and disbursing service revenue for over 20 years. Last year, the company billed for more than 1.6 million meters.

“We applaud GE Capital for enabling dealers to access emerging technologies,” said Laryssa Alexander, president of ECi Software Solutions’ Office Equipment Division. “Our goal is to make processes more efficient and seamless, which means we’re helping dealers and their customers too.”

Today’s news exemplifies GE Capital’s continued interest in using technology to drive cost efficiencies and top-line growth for dealers. Its customizable financing solutions and full-service support help dealers and their customers take advantage of new business opportunities and think beyond the copier. Its offerings include digital tools such as the Leasingsource mobile credit application and Dealer Analytics reporting tools.

About ECi

The ECi Software Solutions family of companies provides business and e-commerce solutions, offering on-premise and cloud-based technologies. For 30+ years, ECi’s companies have served the manufacturing, office equipment, office supplies, contract office furniture, lumber and building materials, hardware and jan/san sectors. Privately held, ECi is headquartered in Fort Worth, TX, with offices and companies throughout the U.S., Australia, England and the Netherlands. For information, email info@ecisolutions.com, visit www.ECiSolutions.com, or call (800) 959-3367.

About GE Capital, Equipment Finance

With more than $26 billion in lease and loan transactions since 2010, GE Capital's Equipment Finance business manages over 100 manufacturer financing programs that span 10+ industries, including transportation, construction, information technology, office imaging, golf and turf, healthcare and manufacturing. It maintains relationships with approximately 200,000 business customers through its network of dealers and distributors, and evaluates more than 1,000 financing applications daily.

GE Capital’s Office Imaging business is a leading provider of innovative financing solutions including leases and loans to manufacturers, dealers and end-user businesses to help drive cost efficiencies and top-line growth. Its customizable financing solutions and full-service support help dealers and customers take advantage of their new business opportunities and think beyond the copier.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via Twitter (@GECapital).

GE (NYSE:GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.



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