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Omega, the new leader in time, billing and accounting for mid-to-large firms
 

FOR IMMEDIATE RELEASE

Company Contacts:  
Laura Wakeley Jim Wooldridge, Jr.
Global Exchange Group Omega
717.291.2616 800.356.1339
jwooldridge@OmegaLegal.com

Global Exchange Group to partner with Omega Legal Systems, Inc.

Merchantville, New Jersey (May 14, 2009) Global Exchange Group, a division of Fulton Bank, has announced that it will partner with Omega Legal Systems, Inc. to provide the capability to streamline and expedite foreign payment processing for professional service organizations. Global Exchange is a leading provider of secure global accounts payable outsourcing, and Omega provides mid-to-large size law firms a time, billing and accounting software suite designed to improve efficiency, productivity, and profitability.

This integration partnership between Omega and Global Exchange allows cost recovery information to seamlessly pass between the companies’ two systems – eliminating manual entry, cost recovery delays, and billing write-offs, and resulting in both cost and time savings for their mutual clients. Firms using Omega’s systems will simply code foreign associate bills with vendor, client, and matter number and then route the bills directly to Global Exchange. Using this data and the coding provided on each invoice, Global Exchange sets the exchange rate and automatically updates the Omega system with an accounts payable voucher. The firm can then bill the client for foreign associate fees, saving the firm any out-of-pocket upfront costs, hence improving working capital.

“We anticipate that our mid-to-large size law firm clients will be very pleased about our integration with Omega, which furthers Global Exchange’s commitment to align ourselves with industry leaders in order to enhance both our service offerings and client accessibility,” according to Anthony Loiacono, President, Sales & Marketing. “Omega and Global Exchange share a strategic goal to improve client productivity. This partnership will directly address this goal – enabling a seamless process to occur in a safe and secure banking environment, and helping our mutual clients to perform more efficiently.”

“For more than 34 years Omega has continuously raised the bar in providing the best and innovative solutions to help firms run more efficiently and productively, all while maintaining firm profitability,” explains Don Gall, President of Omega Legal Systems, Inc. “Our partnership with Global Exchange Group is yet another strong alliance established with our clients’ best interest in mind. We know that they are being asked to do more with less and still turn a profit at the end of the day. This alliance will enable our mutual clients to achieve that and more.”

Omega Legal Systems, Inc. is a privately-held Phoenix-based company that provides mid-to-large size law firms an integrated front and back office software suite that sets the standard for return on investment, system performance and service. For 30 years Omega has been solving critical business issues for law firms, improving their profitability, productivity and efficiency. For more information, visit www.OmegaLegal.com or call 1.800.356.1339.

Global Exchange Group is a division of Fulton Bank, the flagship bank of Fulton Financial Corporation (Nasdaq: FULT). Founded in 1994, Global Exchange is a leader in international payment solutions. Global Exchange understands that today’s global payment process is increasingly cumbersome, costly and time consuming. As a result, Global Exchange’s interchangeable solutions improve the time and cost to transfer funds internationally. Global Exchange possesses the ability to offer any size organization an invaluable alternative to their traditional bank or third-party relationship. For more information about Global Exchange, visit http://www.gexchange.com.

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