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MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver
MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver

Malaysian Reserve

time6 days ago

  • Business
  • Malaysian Reserve

MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver

MINNEAPOLIS, July 17, 2025 /PRNewswire/ — MHC, a leading provider of intelligent document and payment automation SaaS solutions, today announced the launch of MHC NorthStar Payments Plus, a powerful enhancement to its accounts payable (AP) platform. Now featuring Paymode®, Bottomline's trusted business payments network, embedded in the solution, it further empowers finance teams to streamline AP operations, reduce fraud risk, and unlock new revenue through rebate-eligible transactions. 'Our goal is to help finance teams do more than just manage payments—we want them to create value,' said Gina Armada, CEO of MHC. MHC's Payments Plus leverages a network of over 600,000 verified vendors, processing over $450 billion in annual transactions. This new solution offers unparalleled advantages for organizations looking to transform AP from a cost center into a profit driver. Key Benefits Advanced security: Multi-layered security – including multi-factor verification, OFAC screening, and continuous monitoring – delivers the highest level of payment protection. Rebate-Eligible Transactions: Premium ACH and virtual card payments generate monthly rebates, creating a consistent return on AP spend. Rapid Go-Live: Customers can deploy in as little as 30 days with minimal IT effort. Enhanced Data and Visibility: Rich remittance data simplifies reconciliation, improves cash flow insights, and cuts processing time by over 50%. Unified Workflow: Users can manage approvals, execution, and payment tracking within the unified MHC NorthStar platform – eliminating the need for multiple portals. 'MHC NorthStar Payments Plus helps organizations modernize their AP operations with functionality that is not only secure and efficient but also delivers real financial returns,' said Gina Armada, CEO of MHC. 'By partnering with Bottomline, the leading name in B2B payments, and embedding the Paymode network, MHC delivers a secure, intuitive way to further simplify AP processes and strengthen financial operations. It's a powerful combination when customers can do more with less – cutting costs while driving greater value.' 'We're proud to partner with MHC to bring the benefits of Paymode to a broader range of enterprise finance teams,' said Gunita Bindra, VP Partner Strategy and Sales at Bottomline. 'MHC's expertise in automation and workflow integration makes them an ideal partner to extend the reach and impact of the Paymode business payments network.' Purpose-Built for Enterprise-Scale APThe MHC NorthStar Payments Plus solution complements existing MHC invoice-to-pay functionality, offering unmatched flexibility to meet unique and evolving AP needs. Customers benefit from: Immediate access to an established vendor payment network Reduced reliance on costly manual processes New revenue streams through rebates and efficiency gains A more agile, competitive finance function About MHCMHC enables organizations to tackle digital transformation with speed and confidence, delivering solutions to automate the creation, capture, and distribution of documents and communications across core business processes. With a highly flexible, end-to-end intelligent document and payment automation platform, MHC enables business users to eliminate manual processes, enhance operational efficiency, and deepen critical stakeholder relationships, driving sustained growth and excellence. For more information, visit MHC ContactFor more information about MHC NorthStar Payments Plus, reach out to schedule a discussion. About BottomlineBottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline's secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $16 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $179 billion in assets under management. For more information visit Trademarks Bottomline, Paymode, and the Bottomline logo are trademarks or registered trademarks of Bottomline Technologies, Inc. All other trademarks, brand names or logos are the property of their respective owners.

MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver
MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver

Yahoo

time6 days ago

  • Business
  • Yahoo

MHC Launches Payments Plus to Transform Accounts Payable into a Strategic Value Driver

MINNEAPOLIS, July 17, 2025 /PRNewswire/ -- MHC, a leading provider of intelligent document and payment automation SaaS solutions, today announced the launch of MHC NorthStar Payments Plus, a powerful enhancement to its accounts payable (AP) platform. Now featuring Paymode®, Bottomline's trusted business payments network, embedded in the solution, it further empowers finance teams to streamline AP operations, reduce fraud risk, and unlock new revenue through rebate-eligible transactions. "Our goal is to help finance teams do more than just manage payments—we want them to create value," said Gina Armada, CEO of MHC. MHC's Payments Plus leverages a network of over 600,000 verified vendors, processing over $450 billion in annual transactions. This new solution offers unparalleled advantages for organizations looking to transform AP from a cost center into a profit driver. Key Benefits Advanced security: Multi-layered security - including multi-factor verification, OFAC screening, and continuous monitoring - delivers the highest level of payment protection. Rebate-Eligible Transactions: Premium ACH and virtual card payments generate monthly rebates, creating a consistent return on AP spend. Rapid Go-Live: Customers can deploy in as little as 30 days with minimal IT effort. Enhanced Data and Visibility: Rich remittance data simplifies reconciliation, improves cash flow insights, and cuts processing time by over 50%. Unified Workflow: Users can manage approvals, execution, and payment tracking within the unified MHC NorthStar platform - eliminating the need for multiple portals. "MHC NorthStar Payments Plus helps organizations modernize their AP operations with functionality that is not only secure and efficient but also delivers real financial returns," said Gina Armada, CEO of MHC. "By partnering with Bottomline, the leading name in B2B payments, and embedding the Paymode network, MHC delivers a secure, intuitive way to further simplify AP processes and strengthen financial operations. It's a powerful combination when customers can do more with less – cutting costs while driving greater value." "We're proud to partner with MHC to bring the benefits of Paymode to a broader range of enterprise finance teams," said Gunita Bindra, VP Partner Strategy and Sales at Bottomline. "MHC's expertise in automation and workflow integration makes them an ideal partner to extend the reach and impact of the Paymode business payments network." Purpose-Built for Enterprise-Scale APThe MHC NorthStar Payments Plus solution complements existing MHC invoice-to-pay functionality, offering unmatched flexibility to meet unique and evolving AP needs. Customers benefit from: Immediate access to an established vendor payment network Reduced reliance on costly manual processes New revenue streams through rebates and efficiency gains A more agile, competitive finance function About MHCMHC enables organizations to tackle digital transformation with speed and confidence, delivering solutions to automate the creation, capture, and distribution of documents and communications across core business processes. With a highly flexible, end-to-end intelligent document and payment automation platform, MHC enables business users to eliminate manual processes, enhance operational efficiency, and deepen critical stakeholder relationships, driving sustained growth and excellence. For more information, visit MHC ContactFor more information about MHC NorthStar Payments Plus, reach out to schedule a discussion. About BottomlineBottomline helps businesses transform the way they pay and get paid. A global leader in business payments and cash management, Bottomline's secure, comprehensive solutions modernize payments for businesses and financial institutions globally. With over 35 years of experience, moving more than $16 trillion in payments annually, Bottomline is committed to driving impactful results for customers by reimagining business payments and delivering solutions that add to the bottom line. Bottomline is a portfolio company of Thoma Bravo, one of the largest software private equity firms in the world, with more than $179 billion in assets under management. For more information visit Trademarks Bottomline, Paymode, and the Bottomline logo are trademarks or registered trademarks of Bottomline Technologies, Inc. All other trademarks, brand names or logos are the property of their respective owners. View original content to download multimedia: SOURCE MHC Software

Tourney in India will be used as benchmark for Young Tigers
Tourney in India will be used as benchmark for Young Tigers

The Star

time10-07-2025

  • Sport
  • The Star

Tourney in India will be used as benchmark for Young Tigers

The Young Tigers before heading off to India for the Murugappa Gold Cup yesterday. Credit - MHC PETALING JAYA: The national junior hockey team's debut outing at the Murugappa Gold Cup in India will serve as the yardstick as the team prepare for bigger challenges ahead later this year. The Young Tigers will be using the competition as a platform to prepare for the upcoming Sultan of Johor Cup in October and Junior World Cup in November, which will also be held in India. Cancel anytime. Ad-free. Full access to Web and App. RM 13.90/month RM 9.73 /month Billed as RM 9.73 for the 1st month, RM 13.90 thereafter. RM 12.39/month RM 8.63 /month Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Korean researchers unlock genetic clues to lupus
Korean researchers unlock genetic clues to lupus

Korea Herald

time08-07-2025

  • Health
  • Korea Herald

Korean researchers unlock genetic clues to lupus

High-resolution genetic analysis opens door to personalized treatments In a major leap forward for autoimmune disease research, South Korean researchers have developed a high-resolution genetic analysis tool that can precisely decode the complex immune-related gene cluster linked to lupus. This discovery not only deepens understanding of how lupus begins but also could lead to customized treatments tailored to individual genetic profiles, they say. 'There are two major breakthroughs here,' said Professor Bae Sang-cheol of Hanyang University Hospital for Rheumatic Diseases, who led the study, in a phone interview with The Korea Herald. 'First, the immune-related genes located in the MHC region on chromosome 6 are extremely complex, making them difficult to analyze. With this new tool, we can now accurately and easily analyze this region. This creates a foundational infrastructure that could be used to uncover genetic causes of not only lupus, but also other autoimmune diseases like rheumatoid arthritis and inflammatory bowel disease.' The study, conducted in collaboration with Professor Kim Kwangwoo at Kyung Hee University and the National Institute of Health's genome research department, focused on a section of our DNA called the MHC region, short for Major Histocompatibility Complex. This part of our genetic code plays a key role in controlling the immune system. It includes important genes like HLA and C4, both of which have been suspected of having links to autoimmune diseases, Bae explained. Lupus, also known as systemic lupus erythematosus, is a disease where the body's immune system starts attacking healthy cells and organs. It can affect the skin, joints, kidneys, brain and more. Scientists have long believed that certain genes may increase the likelihood of developing lupus in some individuals, but determining which genes are involved has been a major challenge, as there are as many as 200 genes discovered to have an impact — until now. The MHC imputation reference panel developed by the research will enable the analysis of a tricky part of the genome in more detail, which is an important step toward understanding lupus on a genetic level. This will give a clearer picture of why some people develop lupus and how their immune system breaks down. The second major advancement, Bae explained, is in precision medicine. "Unlike other genetic disorders caused by one or two mutations, lupus is driven by a combination of many genetic factors and influenced by environmental triggers, which makes identifying the cause extremely difficult,' he said. 'But now, by understanding these complex combinations, we can move toward personalized treatment. For example, if we identify that a patient's disease is linked to the C4 gene — one of the strongest known genetic risk factors — we can choose a drug that specifically targets that mechanism. This opens the door not just to more effective therapies but also to developing new drugs.' What sets this tool apart is not only its precision but also its cultural relevance. 'Until now, most panels like this were built using data from people in the US,' Bae said. 'That meant they didn't include East Asian-specific genetic variations, which reduced accuracy for Koreans and other Asians. Now, this tool dramatically improves precision for our population. It's meaningful that Korea and other East Asian countries are now leading this field.' The new panel will be made publicly available through Korea's national CODA system, allowing researchers worldwide to access it for studies on lupus, other autoimmune disorders, infectious diseases and chronic inflammatory illnesses. 'This is just the beginning,' Bae said. 'Autoimmune diseases are even more complex than cancer because the genetic combinations vary so much from person to person. But if we can sort people by their genetic profile and match them with the right drugs, it could open doors to more precise treatments for everyone." The study was published in Annals of the Rheumatic Diseases, one of the most prestigious international journals in the field.

Flagship Communities Real Estate Investment Trust to Host Conference Call for Second Quarter 2025 Results
Flagship Communities Real Estate Investment Trust to Host Conference Call for Second Quarter 2025 Results

Yahoo

time07-07-2025

  • Business
  • Yahoo

Flagship Communities Real Estate Investment Trust to Host Conference Call for Second Quarter 2025 Results

Not for distribution to U.S. newswire services or dissemination in the United States. TORONTO, July 07, 2025 (GLOBE NEWSWIRE) -- Flagship Communities Real Estate Investment Trust (TSX: MHC.U) (TSX: ('Flagship' or the 'REIT') today announced that senior management will host a conference call on Thursday, August 7, 2025 at 8:30 a.m. ET to discuss the REIT's second quarter 2025 results. Second Quarter 2025 Results Conference Call and Webcast DATE: Thursday, August 7, 2025 TIME: 8:30 a.m. ET INSTANT JOIN BY PHONE: the URL to join the conference call by phone)Please register at least 10 minutes before the start of the call. Upon registration, an email will be sent, including dial-in details and a unique conference call access code required to join the live call. LIVE WEBCAST: Flagship REIT expects to release its second quarter 2025 results on Wednesday, August 6, 2025, after the close of Communities Real Estate Investment Trust is a leading operator of affordable residential MHCs primarily serving working families seeking affordable home ownership. The REIT owns and operates exceptional residential living experiences and investment opportunities in family-oriented communities in Kentucky, Indiana, Ohio, Tennessee, Arkansas, Missouri, West Virginia, and Illinois. To learn more about Flagship, visit For further information, please contact: Eddie Carlisle, Chief Financial Officer Flagship Communities Real Estate Investment Trust Tel: +1 (859) 568-3390

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