February, 2019 Atlanta, GA. — Tom Womble, VP Product and Account Management, of CEDAR CX Technologies, is entering his second year on the Payment Innovation Alliance Strategic Advisory Committee for NACHA.
NACHA, the Electronic Payments Association, serves as trustee of the ACH Network, managing the development, administration, and rules for the payment network that universally connects thousands of financial institutions in the nation.
Womble, a NACHA member for the past nine years, applied for the committee position in August 2017 and was reelected by the global organization’s membership in November for a two-year term covering 2018 and 2019.
“The Payment Innovation Alliance is a group of industry leaders that share best practices for solving customer payment issues and assist NACHA with driving the direction of innovative ACH payment process changes that serve B2B, B2C, and P2P markets.” Womble said. “It is a pleasure to serve with this group of industry leaders and help companies develop efficient processes and create seamless customer experiences.”
“Serving on the NACHA advisory committees provides insight into the latest payment industry innovations as well as the ability to influence payment industry direction to ensure CEDAR continues to provide value to our customers.”
Tom Womble, Vice President, Product and Account Management
Through monthly committee meetings, calls and conferences, Womble works with industry peers to advance technologies and drive innovation in the business-to-business invoicing and payments industry. He also plans to work with the committee to drive down the cost of inefficient business processes and costs related to manual processing that he says are rampant throughout the business-to-business invoicing and payment ecosystem.
About CEDAR CX Technologies (CEDAR)
CEDAR CX Technologies is a leading provider of hosted managed services for Customer Experience (CX). Through a fully hosted, single-point solution, we enable our Clients to outsource the complexity of deploying an integrated Customer Experience (CX) solution. We provide our Clients’ business units the ability to manage the content, rules, and workflows required to make them more agile and responsive. Finally, we help our Clients effectively listen and rapidly respond to their customers at every touchpoint in the customer journey. www.cedarcx.com
About NACHA — The Electronic Payments Association
NACHA—The Electronic Payments Association is the steward of the ACH Network – one of the largest, safest and most reliable payment systems in the world. The ACH Network creates value and enables innovation by universally connecting all U.S. financial institutions, and moving money and information directly from one bank account to another. In 2016, there were 25 billion ACH payments made that moved $43 trillion. NACHA also brings together diverse organizations to develop rules and standards to benefit payments ecosystem participants, including Electronic Benefits Transfer (EBT) and healthcare Electronic Funds Transfer (EFT). By collaborating with other standards organizations and geographies, NACHA facilitates compatibility and integration with U.S. payments. www.nacha.org
Questions about CEDAR CX Technologies? Give us a call at (770) 395-5060 or email us