By Lisa Burroughes, 24 March 1999 13:23
NEWS EDS has pooled its electronic payment systems to help companies migrate from paper-based to electronic methods of billing. The Integrated Payment Systems (IPS) package is designed to help businesses in the finance, healthcare and telecoms industries adopt billing systems using Internet technology. Paul Rudolph, president of electronic business at EDS, claims corporations can't just ignore their legacy systems and jump on the Internet. Those systems represent decades of investment and millions of dollars in assets, but what companies can do instead is integrate and consolidate paper systems with electronic methods, he added.
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