Stellar wins accounts payable automation deal with Australian Red Cross Blood Service

Released on = April 22, 2007, 5:46 pm

Press Release Author = Stellar

Industry = Financial

Press Release Summary = Stellar, a leading business process outsourcing provider,
today announced that the Australian Red Cross Blood Service (ARCBS) has appointed
Stellar Business Process Solutions to implement an automated data capture technology
solution to support their invoice processing requirements.

Press Release Body = SYDNEY, Australia - Stellar, a leading business process
outsourcing provider, today announced that the Australian Red Cross Blood Service
(ARCBS) has appointed Stellar Business Process Solutions to implement an automated
data capture technology solution to support their invoice processing requirements.

Stellar's solution includes the latest version of Ascent Capture, which delivers
powerful production-level document and data capture capabilities. Ascent Capture
enables Barcode recognition, Optical Character Recognition (OCR) for machine print,
Intelligent Character Recognition (ICR) for handwriting and Optical Mark Recognition
(OMR) for check marks.

Ascent Xtrata Professional, a sophisticated add-on module for Ascent Capture, is
also part of the solution, and is designed to automate the reading of
semi-structured documents, such as invoices. This will dramatically reduce the need
to perform any manual indexing. Stellar's total solution also includes high-volume
scanning hardware.

"We are delighted to have the opportunity to implement a solution that will reduce
costs and increase processing efficiency for this valued not-for-profit client" said
Geoff Charters, Chief Executive Officer of Stellar Business Process Solutions. "This
new agreement marks the beginning of another successful long-term relationship for
Stellar, and adds to the portfolio of technology and outsourcing solutions we have
delivered".

Recent results for other high-profile clients have been extremely impressive, with
one major client slashing their invoice processing time down from 2 days to 15
minutes and cutting their end-of-month reporting from 10 days to 2 days after
implementing Stellar's Purchase-to-Pay automation solution. Many other clients have
found that they can reduce the cost to process documents by up to 60% or more
through the implementation of Stellar's fileWise system.

Stellar Business Process Solutions, a pioneer in the field of document management
and workflow automation, combines advanced technology and labour management
expertise to automate manually intensive processes and significantly reduce
operational costs.

By offering a unique transactional pricing approach for both their in-house
technology implementations and their fully outsourced shared services solutions,
Stellar eliminates the need for companies to make large upfront capital investments.
This results in an immediate return on investment, rather than having to wait months
or years.


ENDS


About Australian Red Cross Blood Services (ARCBS)
The ARCBS plays a significant role in the quality and safety of the Australian
health system.
The vision of the ARCBS is to share life's best gift by the provision of quality
blood products, tissues and related services for the benefit of the community. Every
year, thousands of people benefit from blood transfusions or blood products,
resulting in many lives being saved and a significant improvement in the quality of
life of others. The ARCBS is funded jointly by the governments of Australia. It is
an operating division of the Australian Red Cross Society, part of the International
Federation of Red Cross and Red Crescent Societies (IFRCS), and adheres to the
international humanitarian principles of the IFRCS. For more information, visit
www.donateblood.com.au

About Stellar
Stellar is a leading global business process outsourcing provider, with over 6,000
employees across 19 outsourcing centres in Australia, Philippines, UK and North
America. In addition to contact centre outsourcing, Stellar also specialises in
document management, workflow automation technology and outsourcing solutions under
the name Stellar Business Process Solutions. The company serves a range of clients
in the telecommunications, utilities, transport, finance, government and
manufacturing industries. For more information about Stellar Business Process
Solutions, visit www.stellarbps.com


Web Site = http://www.stellarbps.com

Contact Details = Luke Faulkner
Marketing Manager, Stellar
Tel: +61 3 8416 4019
Email: lfaulkner@stellarbps.com

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