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API Outsourcing and Fifth Third Bank Form Strategic Alliance

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February 6, 2006

API Outsourcing, Inc., an innovative invoice automation solutions company, and Fifth Third Bank, one of the nation's largest super-regional banks, recently announced a strategic alliance to deliver automated accounts payable services. Fifth Third Bank will offer API's Payable Solution to its commercial banking clients to streamline their accounts payable process.

In today's business environment, businesses are seeking solutions to reduce costs and improve process efficiencies. Fifth Third's business clients will be able to utilize an end-to-end payables solution to automate their accounts payable process from initial invoice presentment through payment. Benefits will include reduced costs, better managed Days Payable Outstanding, improved financial controls and Sarbanes-Oxley compliance, and improved trading partner relationships.

"Providing an automated accounts payable solution is a natural extension of our current product offering and sets us apart as an industry leader," said William Grace, commercial product manager for Fifth Third Bank. "API's Payable Solution will make it easy for our business clients to automate their payables process while improving their internal financial controls and vendor relationships."

"As the industry continues to migrate away from paper toward electronic transaction processing, we are committed to providing our clients with value- added solutions necessary to improve efficiency, reduce risk and optimize working capital," said Georgette Cipolla, vice president of product development and management for Fifth Third Bank.

"API's Payable Solution is a perfect fit for Fifth Third Bank's commercial banking customers," said J. Peter Donlon, executive vice president of API Outsourcing. "Our automated payable service will integrate with Fifth Third's payment processing for a seamless solution."

About API Outsourcing, Inc.

API Outsourcing, Inc. (API) is a leading provider of state-of-the-art invoice automation solutions for mid-size to Fortune 1000 companies. API delivers solutions to transform clients' manual paper-dependent billing, freight payment, accounts payable and document management processes into innovative automated processes. Headquartered in St. Paul, MN, API currently manages over 250 million transactions for clients annually. Clients benefit from the significant increase in process efficiency, profitability and financial control. API utilizes Six Sigma techniques, which allow it to provide the highest quality to its customers. Please visit or call 651.675.2600 to learn more about the business benefits being delivered to clients.

About Fifth Third Bank

Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. The Company has $105.2 billion in assets, operates 19 affiliates with 1,123 full-service Banking Centers, including 119 Bank Mart(R) locations open seven days a week inside select grocery stores and 2,039 Jeanie(R) ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Pennsylvania and Missouri. The financial strength of Fifth Third's Ohio and Michigan banks continues to be recognized by rating agencies with deposit ratings of AA- and Aa1 from Standard & Poor's and Moody's, respectively. Additionally, Fifth Third Bancorp continues to maintain among the highest short-term ratings available at A-1+ and Prime-1 and is recognized by Moody's with one of the highest senior debt ratings for any U.S. bank holding company of Aa2. Fifth Third operates four main businesses: Retail, Commercial, Investment Advisors and Fifth Third Processing Solutions. Fifth Third is among the largest money managers in the Midwest and, as of December 31, 2005, has $196 billion in assets under care, of which it manages $33 billion for individuals, corporations and not-for- profit organizations. Investor information and press releases can be viewed at Fifth Third's common stock is traded through the NASDAQ(R) National Market System under the symbol "FITB." Member FDIC.

What are people saying about mortgages today:

Rates on 30-year mortgages edged down last week to a seven-month low. Mortgage-giant Freddie Mac reported Thursday that 30-year, fixed-rate mortgages fell to 6.3 percent, down slightly from 6.31 percent two weeks ago. It put rates at the lowest level since they were at 6.24 percent the first week of March.

Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages all cut their 30-year mortgage rates to 5.75 percent this week.

Most people think of a mortgage as a means to an end. After all, you buy a house, not a home loan. But a mortgage is much more than the path to homeownership. It is a financial instrument that must be managed, just like any other financial investment.