Regulus Opens Major New Remittance Processing Operation in Atlanta
New Facility to Provide Advanced Technology and Services for Growing Clients With Customer Bases Across the Eastern and Southeastern U.S.
Regulus, the nation's largest independent provider of bill presentment and payment processing solutions, announced today the opening of a new remittance processing facility in Atlanta, Georgia. This premier site will serve Regulus' regional and multi-national clients with customers located throughout the Eastern and Southeastern United States.
The new 36,000-square-foot facility is strategically located near a major U.S. Postal Service hub as well as the Atlanta airport. Known in the industry as one of the fastest mail collections and clearing points in the country, Atlanta offers immediate value to current and future clients seeking coverage in this heavily populated region. Among Regulus' customers in the region are industry bellwethers in the telecom, healthcare, utility, and financial sectors. The close proximity to the USPS postal hub means that payments are received, processed and deposited faster and more efficiently. The new high-volume facility also has the potential to double in capacity in coming years as the demand from Regulus' customers continues to grow.
"The Southeast region is an important and thriving market for us, with some of our largest customers located near our new Atlanta facility," said Kathy Hamburger, President and COO of Regulus. "We made the commitment to Atlanta in response to the needs of our clients. This strategic move stays true to our underlying commitment -- to deliver innovative services and solutions that bring efficiencies to the overall payment and collections process. Expanding our presence in Atlanta, with its state-of-the-art postal facility and excellent infrastructure enables us to minimize processing times for inbound payments and speed cash flow for our customers."
According to Hamburger, along with the opening of the company's new facility, Regulus will expand its staff and is actively recruiting operations associates for the Atlanta operation. The company currently has approximately 1,700 employees at its facilities across the country in California, Chicago, Iowa, New Jersey, North Carolina and Texas.
Founded in 1995, Regulus is the largest independent payment processor in the United States, servicing nearly two billion paper and electronic transactions every year for Fortune 500 customers. Regulus delivers an end-to-end solution, starting from release of the customer's billing file for invoicing, through the posting of the associated paper or electronic payment, to support of customer care and collections. By leveraging data from the total payment cycle, Regulus is able to offer value-added services that provide measurable process efficiencies. The company is headquartered in Napa, California, and has offices nationwide. For more information, visit the company's web site at www.regulusgroup.com.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Six Financial
Postage Rates Bots go here