E-payments via Sybiz
Accounting software developer Sybiz has joined forces with online payment firm Ctel to provide customers with a one-stop shop for online bill paying. The latest release of Sybiz's flagship product, Vision 2.5, enables users to perform electronic transactions via Ctel's Business Direct online payment facilities using the Sybiz interface. The developer claimed that customers can reap significant savings by reducing accounting administration costs for businesses and allowing creditors to pay directly into their bank accounts online. All transactions are automatically tracked back through the accounting system to provide a detailed audit trail of payments.
Videoconferencing and broadband communication supplier Polycom has received the all-clear from the US Department of Justice to proceed with a $US362 million acquisition of audio and visual streaming expert PictureTel. The deal, to be finalised next month, will see the culmination of Polycom's appliance-based products and PictureTel's PC-based products. "We look forward to closing the acquisition so our customers can begin to realise the significant benefits we anticipate from the combined company," said Max Wijasuriya, general manager of Polycom Australia.
Novell, Yahoo combine for enterprise portalNovell has extended its relationship with Yahoo to deliver solutions for the rapidly expanding enterprise portal market. As part of the agreement, Yahoo will include Novell eDirectory as the default directory server for the Corporate Yahoo enterprise portal, replacing the iPlanet Directory Server. In addition, Novell is integrating its Net services with Corporate Yahoo and will deliver solutions built around both companies' technologies to Novell customers and partners. Ashley Wearne, managing director for Novell Australia, said eDirectory's ability to find a niche for powering products and services of Internet companies is a significant win.