iStream Imaging Partners with Kressa SchoolLeader® Software

iStream partners with Kressa Software to streamline payment processing systems for SchoolLeader software customers

November 13th, 2008 (AllPayNews.com) – Brookfield, Wisconsin – iStream Imaging, a technology company in the business of managing payments, announced today that the company has partnered with Kressa Software to provide remote check deposit (RDC) and ACH processing for its SchoolLeader Management software users.

The Childcare industry has an annual cash flow of 6 to 8 billion dollars and there are various challenges to processing, managing and facilitating payments. The new add-ins for Kressa service from iStream will help expand the types of payments that users can process directly through the software.
With iStream’s added technology to SchoolLeader, childcare centers can now conveniently transmit RDC and ACH payments to their bank account directly. This means less work, better organization and more convenience for the users and their customers.
SchoolLeader is management software used to help daycare centers and pre-schools control daily childcare operations, including attendance tracking, recurring and attendance-based billing, immunization and vaccination management, classroom ratio monitoring, field trip coordination, meal counting and billing, check-in/check-out control, and biometric security access.
“We knew iStream’s payment processing system would complement our current SchoolLeader Software nicely. We are now able to include Remote Deposit Checking and ACH processing using iStream’s technology,” said Mike Mazza President. “This adds a great benefit to our customers because it allows them to have all of their administrative duties on one platform.”
“We are very excited to be partnering with an industry leader like Kressa Software,” said Fred Joachim, President, iStream Imaging. “RDC is not just for banks anymore. The Childcare industry is a billion dollar industry that needs to process checks quickly and be sure they are getting paid. iStream is more than capable of helping as we are processing close to a billion dollars monthly in RDC.”
About iStream:
iStream Imaging will soon legally change its name to iStream Financial Services in order to more accurately portray the company’s core direction to provide businesses and banks solutions to consolidate and manage various payment types. With this new direction, iStream is teaming up with our current and potential partners, employees and other synergistic relationships to leverage our technology platform, knowledge and people to introduce new products that will help business and banks throughout the U.S., and the world. iStream complies with FDIC security standards and is audited annually. The company has also completed a SAS 70 including the process con¬trols involving remote deposit to ensure the integrity, reliability, and security of our application and systems.

Kressa Software specializes in the design and development of Microsoft Windows® based business applications for the Preschool/Childcare industry, including its industry leading product SchoolLeader®. Kressa also provides custom software and consulting for a broad spectrum of computer platforms and businesses. Their clients range from Fortune 50 corporations requiring processes to manage multi-million dollar operations, to small businesses needing software to improve operational productivity. Kressa Software just recently celebrated its 10 year anniversary.