Property Management Software

Web Based Property Management Software By Property Solutions

Property Management Software
Resident Pay
Resident Portal
Prospect Portal
 
Industry News Article

Wells Fargo Recognized by Independent Research Firm for Designing the Highest-Rated B2B Site of All Sites Reviewed
Business wire
December 26 2006
Wells Fargo Recognized by Independent Research Firm for signing the Highest-Rated B2B Site of All Sites Reviewed

SAN FRANCISCO -- Wells Fargo & Company (NYSE:WFC) was recognized for producing the highest-rated business-to-business (B2B) web site by Forrester Research in the November 2006 report by Forrester titled, "Best and Worst of B2B Site Design, 2006."

Of the 16 major B2B sites evaluated, only two passed Forrester`s review, with Wells Fargo (wellsfargo.com/biz) earning the top score of 30. The largest sites from four industries were analyzed, including financial services, logistics, software and professional services. They were scored for their ability to accomplish relevant B2B goals, user friendliness and best practices. The average score across all sites was 7.9, well below the passing mark of 25.

Because our aim is to provide useful, easy-to-use services that also boost small businesses` productivity, we`re very pleased to be given this recognition by Forrester," said Richard Weeks, senior vice president of Business Internet Services at Wells Fargo. "We want to provide small business owners with credible resources, education and guidance, as well as best-of-breed products and services. In the ever changing business world, we continue to respond to our customers needs by working with them directly to keep abreast of their business challenges and requirements."

Forrester`s report "Best Practice Examples of Standout User Experiences" section, Wells Fargo was recognized for having "value added information critical to small and midsize businesses like information on the basics of business taxes and how to best use small business accounting software packages such as QuickBooks and Microsoft Money."

Wells Fargo is America`s #1 small business lender (CRA 2002-2005) and the second largest SBA lender in dollars (2006). Through our outreach and education programs, we have loaned more than $33 billion since 1995 to women, African American, Latino and Asian businesses owners.

Wells Fargo`s small business website supports its online banking services, created to provide customers with a variety of resources that help them more efficiently manage their businesses. They include:

Wells Fargo`s Online Payments Suite(SM) for small businesses:

Business Bill Pay enables customers to make payments up to $50,000 and arrange payments in advance. By scheduling a payment for one-time or periodic expenses, such as rent and leases, customers can be assured that payments will be made securely and on time, saving them the effort of mailing payments.

Vendor Pay, a module of Direct Pay, provides business owners and authorized signers with the ability to electronically pay invoices of up to $250,000 to vendors and suppliers. Payments can be scheduled in advance and a customer chooses settlement via one or two-day ACH. In addition, payees receive email notification of payments along with remittance information. As with all Direct Pay services, payments can only be released by an owner or authorized signer using the RSA SecurID([R]) two-factor authentication token.

Employer Direct Pay, a module of Direct Pay, lets business owners and authorized signers directly deposit employee net pay, reimbursed expenses and commissions and also make one-time or recurring payments to contractors or agents. The service is fully integrated with Business Online([R])Banking and simplifies payroll distribution while eliminating potential check fraud.

WellsTAX([R]) enables businesses to pay their business taxes online, anytime. The process is as simple as transferring funds between accounts, and ensures federal, and many state and local business tax deadlines are met. Business owners receive immediate confirmation of tax payments

Business Online[R] Banking, a free service for all small business customers, features:

Deposit Detail Images allows businesses to view summary details and images of all items deposited to their checking account. Eliminating photo copying, or requesting a copy of a deposit slip or check by mail. Business owners simply log on to their account and see images of each check deposited. He or she can also authorize their accountants and employees (up to 25 people) with view only access to the account for budgeting and tracking purposes, including accessing online statements. In addition, Deposit Detail may serve as a disaster recovery tool if a business` paper process is ever interrupted.

Business Spending Report allows customers to track their spending for 16 months by a variety of expense categories such as supply/stationery and utilities/telecom for Wells Fargo([R]) Business Check Card, Credit Card and Bill Pay.

E-mail Alerts are free and delivered to customers` email addresses, providing personalized information to help effectively manage cash flow and monitor recent account activity, in addition to helping to detect and prevent fraud.

About Wells Fargo

Wells Fargo & Company is a diversified financial services company with $483 billion in assets, providing banking, insurance, investments, mortgage and consumer finance to more than 23 million customers from more than 6,100 stores and the internet (wellsfargo.com) across North America and internationally. Wells Fargo Bank, N.A. has the highest possible credit rating, "Aaa," from Moody`s Investors Service and the highest credit rating given to a U.S. bank, "AA+," from Standard & Poor`s Ratings Services.

Copyright © 2008 Property Solutions International Inc.  |  Articles  |  Press  |  Site Map