Harvest Technology Group and Fiserv SIS Partner to Deliver Best-of-Breed
Information Processing and Output Solution to the Insurance Industry
Under the agreement, Harvest will provide software, support and training services to Fiserv SIS's existing client base that currently do not have or are not fully leveraging a document output management (DOM) system or guaranteed routing solution. In addition, Fiserv SIS will market the Harvest product and service portfolio that currently includes the award winning Optio Software (Nasdaq: OPTO) suite and Seay Systems' EasySpooler management tools.
"Fiserv SIS frequently proposes Optio products to our clients in order to extend our processing system's print capabilities," said Louise D. Tittsworth, senior vice president of sales and marketing for Fiserv SIS. "Harvest Technology Group, a strategic Optio partner, ensures optimal utilization of the Optio product line by providing superior start-to-finish involvement. Harvest's commitment to excellence will only enhance the already rich Fiserv SIS value proposition."
Because information delivery is considered the critical supply chain in the insurance arena, the marketplace has been reluctant to discard the traditional paper-based systems employed for decades . For the first time, institutions now have access to an end-to-end, scalable, configurable solution that ensures data integrity, security and accessibility while dramatically reducing costs associated with processing and document delivery.
"Together, Fiserv SIS and Harvest deliver a compelling solution to an industry desperately seeking strategic assistance with their information management and communication channels," said John Riordan, president of Harvest Technology Group. "We are very enthusiastic about this partnership. There are a great number of synergies between the two companies which will immediately translate into measurable results for our mutual customers."
The Fiserv SIS portfolio of services automates and satisfies the data processing needs of domestic insurance writers from policy rating and issuance to management and statistical reporting. The business functions of the Specialty Insurance System include rate quoting, policy initiation and administration, invoice generation, premium collection, agency accounting, and claim recording and payment. Their comprehensive suite of products currently contains eight highly customizable modules geared to the specific needs of the property and casualty marketplace.
Harvest provides best-of-breed technology and methods to automate the complete document processing cycle from data sourcing through information delivery. A recognized leader in DOM system design, implementation, integration and support, Harvest's extensive network of technology partners enables them to offer the most comprehensive, end-to-end business communication solutions imaginable. Harvest combines decades of technology consulting expertise with a customer-focused approach to provide exceptional bleeding-edge products and services.
Harvest and Fiserv SIS will immediately dedicate resources to engage their marketplace offering.
About Harvest Technology Group, Inc.
Based in Atlanta, Georgia, Harvest Technology Group, Inc. (www.harvesttg.com) is a leading provider of integrated, flexible and scalable document management solutions that enable organizations to maximize critical data sources and fully optimize internal and external delivery channels. Leveraging best-of-breed software technology and methods, Harvest offers small- to mid-market companies superior software design and development, educational, and technical support services that seamlessly integrate with any packaged system or enterprise application. Consistently maintaining an impressive 95% user-satisfaction rating, Harvest supports an extensive client and partner installation base of over 1,200 across a vast array of industries including healthcare and life sciences, insurance, chemicals, manufacturing, education, retail, food services, and distribution. For further information, contact Harvest Technology Group—Phone: (678) 366-0030, Fax: (678) 366-0031, Email: info@harvesttg.com, Corporate Headquarters: 3594 Old Milton Parkway, Alpharetta, Georgia 30005.
About Fiserv SIS
Fiserv SIS (www.fiservsis.com), a unit of Fiserv, Inc. (Nasdaq:FISV), is a leading provider of software and services to the property and casualty industry. Founded in 1985, the company offers systems to process personal and commercial lines, billing, claims, and premium accounting and reporting. Outsourcing and consulting services are available. For further information, contact Fiserv SIS—Phone: (714) 705-8200, Fax: (714) 748-9100, Corporate Headquarters: 770 The City Drive South, Suite 4400, Orange, California 92868.