Eiger Systems has signed a reseller agreement with Geac Enterprise Solutions, a division of Geac, a global enterprise software company for business performance management. Under the terms of the agreement, Geac is recommending EigerPAY Gateway as its preferred BACSTEL-IP solution for users currently running System21 BACSTEL. BACSTEL-IP is the new payment submission platform that will replace the existing BACSTEL service on 31 December 2005. All organisations that submit direct debits and direct credits to BACS must migrate to BACSTEL-IP by this deadline. Satnam Singh, channel sales manager at Eiger Systems, said: ‘Over the course of the past twelve months Geac and Eiger Systems have developed a successful partnership that has seen both companies actively engaged in integrating EigerPAY Gateway with System21 to ensure that both solutions work together seamlessly.’
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
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Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.