OnePosting partners with TICo to Offer a Fully Integrated Invoicing

Dublin, Ireland, 8th July 2010

Partnership enables customers to outsource their entire invoice distribution process, whether online or by print & post.

Ireland's leading supplier of postal fulfillment services TICo have joined forces to address the growing market for fully integrated invoicing services. This partnership enables OnePosting to provide customers with the whole gambit of invoicing distribution channels, including both online and print & post.

Alex Pigot, Managing Director of TICo with Gregory Duffy, CEO of OnePosting

The benefits of electronic invoicing are well established, including reduced costs, improved efficiencies and better customer relationships. Even though client adoption rates are very high, there are always customers that require the printing and delivery of paper invoices by post. For these customers, OnePosting provides full print, envelope and postal services through TICo – all managed through OnePosting's online invoicing system.

Instead of printing their invoices, OnePosting customers simply post them onto a secure online portal where OnePosting looks after the entire billing process, from notifying customers that there is activity on their account to automatically linking PODs (Proof of Delivery e.g. delivery dockets) with invoices. Bills are dispatched either online or by post, depending on the customer profile.

“ From our experience, client adoption rates from paper to electronic invoicing far exceed our customers' expectations – usually achieving over 50% within the first 6 months of implementation. By offering clients a fully integrated invoicing service, we ensure that this migration is managed seamlessly with minimum impact for users and maximum return for our clients,” comments Gregory Duffy, CEO of OnePosting. “We chose TICo as our partner for the provision of full print, envelope and post services because of its status as one of the most respected mail production companies in Ireland.”

“We are delighted to work with such an innovative company - our partnership with OnePosting represents a natural fit in the distribution of company transactions, such as statements, invoices and credit notes,” says Alex Pigot, Managing Director of TICo. “Our fast, secure and reliable postal service compliments OnePosting's worldclass e–Invoicing solution to deliver a fully integrated invoicing service to customers worldwide. Now customers can enjoy the many benefits of electronic invoicing with the knowledge that their postal requirements will be fulfilled to the highest standards”

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About OnePosting™

OnePosting is an electronic invoicing solution that provides a secure means for sending, receiving, storing and retrieving invoices, credit notes, statements and PODs (Proof of Delivery e.g. delivery dockets). OnePosting has more than 3000 registered businesses worldwide. Customers include Ballygowan, Glenpatrick, Publicity Mailing and Waveform Solutions. OnePosting is the proprietary software of Sentrio Technologies Limited.

For further information on OnePosting, please visit OnePosting's Electronic Invoicing Homepage . For further corporate, product and service information on Sentrio Technologies, please visit: www.sentrio.com.

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About TICo–Group Ltd.

Founded in 1985, TICo has grown to become one of the most respected bulk mail production companies in Ireland. A founding member of the Irish Direct Marketing Association (IDMA), TICo are the approved mailing house for a number of blue chip companies such as AIB, Hibernian, Hewlett Packard, Vodafone and Royal Bank of Scotland. Letter and postcard personalisation, data management, print management, envelope supply, mail packing, invoice, statement production and postal services are just some of the mailing services TICo provides. For further information on TICo, please visit www.TICo-group.ie.

For more information contact:
Finbarr McCarthy, OnePosting (a product of Sentrio Technologies Limited)
Tel: +353 (0)1 5143585, finbarr.mccarthy@sentrio.com