I believe that RDM Corp is the Canadian company and their most recent investor presentation reveals various growth rates for check payment processing channels. Check out their website!
In general the riskier the loan the higher the interest rate charged will be. My bet is that many of the business loan covenants (Leverage, Loan to Value and Debt Service Coverage Ratios) were met as revenue increased and the balance sheet got stronger thereby allowing the bank or investors to lower the rate.
Sentiment: Strong Buy
Ahhh, UDW's presentation is being subsidized by the conference makes it a must see show and tell IMHO.
Thanks for the update gilkey!
It is supposed to be the "largest global event focused on payments and financial services innovation for connected commerce" making it one of the most visible for US Dataworks and an indication that they have money to attend more than one conference this year which is a positive sign IMHO.
Money 20/20 will take place in Las Vegas on October 25 -- 28 and is the largest global event focused on payments and financial services innovation for connected commerce.
Thanks for pointing that out as the debt restructuring really will have a positive impact on the financials as well as demonstrating lender confidence. I believe that it is ok if UDWK remains a Pink Sheet or OTC listed company as long as they start releasing financial data to bolster or enhance the share price. There are many well managed companies trading on the OTC Market that are assigned a rather rich valuation.
You are correct that Research and Markets is hawking public info aggregated into one deck with derived revenue numbers for the recent time period where no financial data is available. Just found it interesting as I had never come across such a manual focused on UDWK before.
If I could acquire US Dataworks I would as I believe there is much more value here then the current $3.4 Million Market Cap currently assigned to the company. My first order would be to pay senior management with 60% stock and 40% salary to provide incentive focused on enhancing shareholder equity.
Yes US Dataworks may be the lowest cost provider but at what price to the bottom line. Could US Dataworks be the poster child for a Pyrrhic victory which "is a victory that inflicts such a devastating toll on the victor that it is tantamount to defeat. Someone who wins a Pyrrhic victory has been victorious in some way; however, the heavy toll negates any sense of achievement or profit (another term for this would be "hollow victory")."
US Dataworks YouTube Video Published on Sep 14, 2015
Cash application and reconciliation is growing in complexity as more businesses adopt electronic B2B payments. Integrated Receivables is one way banks can help their business customers to automate and expedite cash application.
TABLE OF CONTENTS
The Acquisition Manual on US Dataworks is published for two purposes, firstly to identify the company as a potential acquisition target and secondly, to fully analyse all aspects of US Dataworks so that potential purchasers or investors have all the information necessary to enable an objective appraisal. AMEX Stock Exchange listed company. The Acquisition Manual on US Dataworks is written in concise and explicit terms which provide exactly the right level of information for each management function within the predator company to enable the formulation of forward strategic plans and attack campaign tactics. The Acquisition Manual on US Dataworks consists of three sections. 1. The Acquisition Database for US Dataworks consists of 20 parts, comprising: The Chairman's Overview; The Chief Executive's Summary; The Financial Controller's Balance Sheets; The Marketing Director's Objectives; The Sales Director's Targets; Corporate Development Stratagem; Product Management Tactics; Overseas Development Guide; Product Distribution & Customer Service Planning; Advertising + P.R. Department Management; Market Research Issues; Administration & Customer Handling; Human Resources Director's Screening Manual; Quality & Product Control Handbook; New Product Development Blueprint; New Technology Primers; Physical Process & Order Handling Schema; Competition Analysis; Product Perceptions; and Customer Perceptions. 2. The Market Research Database for Corporate & Professional Software. 3. The Business Planning Database for US Dataworks. This publication is presented as a DVD containing the entire web and databases and in addition the data is available online. The DVD-Rom allows readers to access and reproduce the information in their own documents or reports. In addition, the tables and databases published in the reports are available (as Access & Excel formats) on the DVD to enable readers to use these databases for their own spreadsheet calculations and modelling.
I found what seems to be an acquisition manual focused on US Dataworks while performing a routine web search. Wonder if it is legit and how current the financial data is?
The Acquisition Manual on US Dataworks identifies US Dataworks as a potential acquisition target. The Acquisition Manual on US Dataworks is concise & explicit, allowing a predator to formulate strategic plans & campaign tactics. There are 3 sections. 1. Acquisition Database for US Dataworks in 20 parts: Chairman's Overview; CEO's Summary; Financial Balance Sheets; Marketing; Sales Targets; Corporate Stratagem; Product Management; Overseas Development; Product Distribution; Advertising; Market Research; Administration; Human Resources; Quality Control; New Products; New Technology; Physical Process; Competitors; Product & Customer Perceptions. 2. Market Research on Corporate & Professional Software. 3. Business Planning for US Dataworks. 13956 pages, 18512 spreadsheets, 18483 database tables, 680 diagrams & maps.
Table 1 lists vendors profiled in this report along with each respective product suite. All vendor-supplied information cited in the following profiles was accurate as of 31 October 2014.
Table 1: Vendors Profiled in this Report
VENDOR NAME--- PRODUCT SUITE
DIRECT - INSITE PAYBOX
FIS - Remit Enterprise
FISERV - RemitStream
INTELLECT - iGTB
KLIK TECHNOLOGIES - Consolidated Receivables
TRANSCENTRA - Smart Receivables
US DATAWORKS - NexGen Receivables
WAUSAU FINANCIAL SYSTEMS - Receivables 360
Both the RFIs and reference client surveys provided quantitative and qualitative data included in the following vendor profiles. Vendors had an opportunity to review their profiles for factual accuracy but did not influence the vendor’s placement in the ABCD Vendor View. Celent has retained final authority over the content of the published profiles. Some of the vendors profiled in this report are Celent clients, and some are not. No preference was given to Celent clients either for inclusion in the report or for the subsequent evaluation. Beyond the significant time and effort involved, there was no cost for vendor participation.
Each profile contains a summary of vendor products and services, client base, distinctive characteristics, and a Celent assessment. Each profile was fact-checked by participating vendors.
Received this promo email today (9/16/15)
Integrated Receivables - More Than Straight Through Processing
You are invited to this FREE webinar that defines Integrated Receivables and highlights key trends in receivables management and cash application.
Tuesday, October 6, 2015 from 2:00 PM - 2:45 PM ET
Register Now - It's FREE
As more B2B payments go electronic the challenges of cash application get more complex. Banks providing traditional lockbox services are exploring new ways to meet this changing demand.
Join us for a lively discussion that covers the following trends and topics:
•How electronic payments are changing the cash application and reconciliation process
•Findings from Aite Group's survey of large corporates and mid-sized businesses
•Can Integrated Receivables be delivered economically to middle market businesses?
•Case studies of real integrated receivables implementations
Our Panelists Include:
Nancy Atkinson, Senior Analyst, Aite Group
Nancy specializes in straight-through B2B payments processing issues and the technology supporting them. Her research includes end-user surveys of large corporations and middle-market companies.
Register Now - It's FREE
Leilani Doyle, SVP, Product Management, US Dataworks
Leilani sets the vision for new and expanded solution sets to simplify all forms of payments and associated business transactions. She also identifies emerging market opportunities to bring innovation to traditional payment and treasury management.