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Global Exchange Group and Elite Renew Efforts to Offer Streamlined International Payment Services to Transnational Law Firms
LOS ANGELES, Sept. 20, 2010 – Elite, a Thomson Reuters business, and Global Exchange Group, a division of Fulton Bank, N.A., have renewed their long-standing agreement. As a result, law firms can continue to streamline and expedite the full cycle of international payment processing via the EnhancedFX®-Elite® BridgeSM, which merges the complex process of international cost recovery and bank payment processing.
The international payment processing capabilities of Global Exchange Group, paired with the efficiency of Elite Enterprise and ELITE 3E practice and financial management systems, offer mid-to large-size law firms the ability to integrate financial data into the Elite system. This integration saves on manual entry and multiple keystrokes, eliminates duplicate payments, improves cash flow/management via immediate international invoice payment, and reduces risk.
“One of the biggest growth areas for our clients is increasing international business. We are able to support their complex global payment needs through our partnership with Global Exchange Group,” said Kim Massana, president, Elite. “Our integrated solution has proven to provide tangible benefits for our clients and we are happy to continue our long-standing agreement, which was first established in 1998.”
“We’ve built an intuitive and manageable workflow that enables firms to see tangible time-saving results throughout the international payment process,” said Anthony Loiacono, president of sales and marketing, Global Exchange Group. “As a result, when coupled with the Elite integration, we will give Elite users a business edge over other firms. We’re providing increased efficiency, and are pleased to continue our arrangement with such a highly recognized and respected company.”
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About Global Exchange Group
Global Exchange Group is a division of Fulton Bank, N.A. the flagship bank of Fulton Financial Corporation. Founded in 1994, Global Exchange is a leader in international payment solutions. Global Exchange understands that today’s global payment process is increasingly cumbersome, costly and time consuming. As a result, Global Exchange’s interchangeable solutions improve the time and cost to transfer funds internationally. Global Exchange possesses the ability to offer any size organization an invaluable alternative to their traditional bank or third-party relationship. For more information about Global Exchange, visit http://www.gexchange.com/.
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About Elite
Elite is a leading provider of integrated information solutions to professional services firms worldwide. Elite is part of Thomson Reuters and is a premier provider of financial and practice management systems to the legal industry and to other professional services markets, including accounting, marketing services, and management and IT consulting. For more information, visit www.elite.com.
About Thomson Reuters
Thomson Reuters is the world’s leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, scientific, healthcare and media markets, powered by the world’s most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minn., Thomson Reuters employs more than 50,000 people in 93 countries. Thomson Reuters shares are listed on the New York Stock Exchange, Toronto Stock Exchange, London Stock Exchange and NASDAQ. For more information, visit www.thomsonreuters.com.