FIDESIC IS ONE of a new generation of startup companies seeking to leverage Web service technology to create a digital service. Fidesic's mission is to automate the workflow of invoices for small and medium-size companies. In an interview with InfoWorld Editor-in-Chief Michael Vizard, Fidesic CEO Naseem Tuffaha and company CTO Bassam Saliba talk about the role Web services--and in particular Microsoft's .Net technology--played in helping them create their service.
... small and medium-sized businesses have been slow to jump on the [ePayments] bandwagon. Why? Because few providers have tailored their services to the small and midsized business market. Fidesic (formerly CheckSpace) now offers an affordably priced service...
But in order to succeed, electronic invoicing must be compatible with a firm's accounting systems. "The payment process is a full round-trip, and if it breaks down anywhere in the process, it's just not worth it to the customer," said Naseem Tuffaha, CEO of Fidesic, Bellevue, Wash. "That requires deep integration both in the accounts payable and accounts receivable side."