SOURCE: API Outsourcing, Inc.

October 30, 2006 11:01 ET

API Outsourcing Awarded Three-Year Contract With Jacobson Logistics Company

API Outsourcing Will Provide Freight Invoice Imaging Services for Jacobson

ST. PAUL, MN -- (MARKET WIRE) -- October 30, 2006 -- API Outsourcing, Inc., a leading Business Process Outsourcing (BPO) provider of invoice automation solutions, announced today a three-year contract with Jacobson Logistics Company, one of the top 50 logistics companies in the country, for the delivery of freight bill imaging services.

API's services will include receiving carrier invoices in a variety of formats (paper, fax, email, FTP and EDI) and converting them into a common PDF format for online viewing. A match/merge process will be completed to add additional information from Jacobson Logistics to the invoices. Jacobson employees, shipper customers and carriers will be able to view online documents. In addition, the service will include automatic carrier notification of missing documents. Benefits of the freight imaging solution will include reduced processing costs, improved days sales outstanding (DSO), and improved shipper and carrier relationships.

"One of the imperatives of our quality service strategy is to continuously raise the bar on our process improvement capabilities," stated Kent Jordan, President of Jacobson Logistics Company. "API's 24-hour imaging commitment, automated match/merge process and automatic carrier notification of missing documents are enhancements that will serve to strengthen our current service standards and reinforce Jacobson position as one of the leading service providers to our customers."

"API's Freight Payment Solution is flexible -- designed to meet the demands of the marketplace. We can integrate individual modules or implement in phases to accommodate any business need," stated Gary Halleen, President and CEO of API Outsourcing. "Our solution is a perfect fit for Jacobson as they continue to significantly grow their business and expand operations."

About API Outsourcing

API Outsourcing, Inc. (API) is a leading Business Process Outsourcing (BPO) 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 freight payment, billing, accounts payable and document management processes into innovative automated processes. Headquartered in St. Paul, MN, API manages over 280 million transactions annually. Visit www.apioutsourcing.com or call 651.675.2600 to learn more.

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