SOURCE: The Haley Group, LLC

Haley Group

May 15, 2013 14:30 ET

The Haley Group Awarded U.S. Patent for Encentiv® , an Accelerated Revenue Optimization Platform

USPTO Acknowledges Company's Proprietary System for Maximizing Profit and Cash Flow for Buyers and Sellers Conducting High Volume Purchase Transactions

MISHAWAKA, IN--(Marketwired - May 15, 2013) -  The Haley Group, LLC (http://www.haleygroup.com), a revenue optimization technology company, today announced the United States Patent and Trademark Office (USPTO) has awarded the company US Patent #8,249,921, titled, "Method for facilitating a transaction between buyers and sellers" for Encentiv®, its proprietary revenue optimization and acceleration platform.

Encentiv facilitates mutually beneficial early payment opportunities between buyers and sellers. The buyer-driven product expedites the payment cycle to "near cash transaction(SM)" speed, while saving costs for both buyers and sellers without the use of factoring.  Encentiv equally motivates buyers and sellers to increase the speed and efficiency of business transactions, maximizing cash flow and profit.

Encentiv enables buyers to negotiate greater discounts when purchasing large volumes of goods and/or services. In exchange, sellers benefit from receiving expedited payments, processed electronically in as little as two banking days.  The platform has the potential to save hundreds of millions of dollars annually for private, public, and government entities.

"The USPTO's acknowledgement of Encentiv represents a significant milestone that lends further validation to its design and benefits for both the private and public business sectors," David Haley, CEO and founder of the Haley Group, states. "As we proceed with exploring licensing opportunities for Encentiv, its patent protection adds to our business objectives while strengthening the Haley Group's barriers to entry."

Encentiv is currently available for licensing. Companies interested in participating, can visit the Haley Group online at http://www.haleygroup.com for information.

About the Haley Group

Based in Mishawaka, Ind., The Haley Group, LLC is a revenue optimization technology company specializing in creating new opportunities to buyers and sellers in large volume revenue cycles. With Encentiv, its revenue optimization and acceleration platform, The Haley Group provides new revenue generating opportunities for medium to large business entities. The company's principles have extensive experience in each of the buyer and payer side of business transactions, with particular emphasis in healthcare. For additional information on the The Haley Group, visit http://www.haleygroup.com.

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