KeyBank Selects EnCompass for Enhanced Commercial Card Management
AOC’s One-Stop Online Payment Platform to be White-Labeled Key2Purchase;
KeyBank’s Business Customers to Benefit from Greater Transparency into Card
CHANTILLY, Va. -- December 3, 2013
AOC Solutions, Inc. (AOC), a leading commercial payments technology and
services provider to corporate and federal clients, announced today that
Cleveland-based KeyBank has selected AOC’s EnCompass payments platform for its
customers’ commercial card management and reporting.
Under the agreement, KeyBank will offer its business customers AOC Solutions’
fully hosted, PCI-compliant commercial payments solution, EnCompass, as a
one-stop online payment tool to help their business customers manage corporate
purchasing/accounts payable (A/P), fleet, travel and entertainment, and
purchasing card programs. KeyBank’s customers will also be able to obtain
detailed statements and automatically analyze their spending using advanced
metrics and reporting features. To access the EnCompass platform, which will
be white-labeled as Key2Purchase to reflect the KeyBank brand, users will
simply log in via browser using their assigned credentials.
“With EnCompass, KeyBank’s commercial customerswill now have centralized
access to astate-of-the-artcard management platform that supports any size
business and combination of commercial payments – from simple purchase cards
to the most complextransactions,"said Allen O. Cage, Jr., president and CEO
of AOC Solutions. “Unifiying card processes on EnCompass also adds convenience
and control for monitoring and processing payment transactions efficiently,
plus critical transparency into card management operationsso that A/P staff
can make well-informed decisions about how best to optimize purchase spending
across their enterprise.
Earlier this year, AOC Solutions entered into a strategic partnership with
Hewlett Packard (HP) Commercial Card Services so that its bank clients, such
as KeyBank, could offer EnCompass to their customers for enhanced management
of commercial card and A/P payments from a single, full-service platform.
“AOC Solutions’ innovative commercial payments technology was a major reason
why Key selected this platform," said Brian O’Connor, commercial cards product
manager at KeyBank’s Enterprise Commercial Payments. “Now, we can leverage the
technology prowess of both AOC and HP with Key’s service-oriented approach to
helping corporate customers solve their payables problems.”
To learn more, visit www.aocsolutions.com or watch this short video about
AOC’s commercial payment products and services. You can also follow us on
Twitter, Facebook and LinkedIn.
About AOC Solutions
AOC Solutions, Inc., headquartered in Chantilly, VA, is a veteran-owned
company whose innovative commercial payments technology, federal financial
management, business process improvementservices and solutions as well as
contact center operations have been serving thousands of corporate,
government, public and private sector customers since 1996. AOC’s strategic
relationships within the financial management and integration markets enable a
streamlined approach to commercial payments from virtually any accounts
payable or general ledger payments system in use today. AOC has also been
named to the Inc. 500-5000 list of the nation's fastest growing private
companies five times, the latest in 2013.
Media & Analyst:
Audra Capas, 703-437-9301
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