As a result of this year’s launch of BankON, Sierra Atlantic was recently named one of the Top 10 Technology Companies to watch by Bank Technology News.   Sierra Atlantic is among the top 10 companies featured on the cover page of the December 2010 issue of the magazine.

John Adams of Bank Technology News refers to Sierra Atlantic’s approach as “right on” when it comes to improving the linkage between corporate Enterprise Resourcing Planning (ERP) systems and bank treasury management operations.  In a recent interview with Sierra Atlantic CEO Raju Reddy, John and Raju discussed the complexities of payments processing and the need for a turnkey solution that benefits both the banks and their corporate customers. 

BankON offers a standardized integration that enables corporates to automate payables, receivables and account reconciliation activities in order to streamline operations and reduce costs.  Banks are able to reduce the time-to-connect with their corporate customers and reduce costs related to the development and ongoing support of one-off integrations.  Both banks and their corporate customers realize a very quick return on their investment. 

You can access the Bank Technology News article directly at: http://www.americanbanker.com/btn_issues/