BNET Industries
Last Fiscal Year Sales:$379.4M
- Private
- US
Dow Jones Description
We are a leading provider of payment processing, document and content processing and information technology ("IT") services, helping more than 2,000 clients in 50 countries simplify the management of their information, business processes and technology infrastructure. We provide products and services that automate complex, high-volume, data-intensive business processes for the financial services, utilities, telecom, government, global outsourcing, manufacturing and healthcare industries. We offer our clients a complete portfolio of payment processing and document and content processing services across an increasing value chain, consisting of hardware and software products, infrastructure services, turnkey on-site business solutions and business process outsourcing ("BPO") services. We also provide infrastructure services to the IT services industry, with focused deployment and ongoing support services for original equipment manufacturers ("OEMs") and IT outsourcing ("ITO") providers. Our offerings are built around core technology products and industry knowledge that we have developed over decades of working closely with our clients. We have developed a well-known brand name and senior level relationships with our clients by serving as a strategic provider of mission-critical products and services. ...
President, Chief Executive Officer and Chairman of the Board of Directors
J. Coley ClarkNumber of Employees 2,670
Peer Companies
NAICS Code Computer Systems Design Services: 541512
Recent Events
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BancTec and Al-Falak Electronic Equipment & Supplies Co. Establish Distribution Relationship
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BancTec Signs Agreement With Emitac
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BancTec and Apptricity Create Service and Distribution Partnership
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BancTec acquires Privatgirot
News & Analysis
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banctec inc. - All News and Analysis
INDUSTRY NEWS ITEMS
New Benchmark for Managing World's Largest Data Archive ... Autonomy Corporation has announced that its on-demand archival solution has reached "a new data processing benchmark", maintaining its position of managing the world's largest data archive. The Digital Safe solution is said to be securely managing 7.1 petabytes of e-mail, documents...
BancTec Wins Large Canadian Contract
Document and payment processing solution provider, BancTec (www.banctec.com) has been awarded a six-year, $16 million contract to provide a remittance, data and image processing solution for the Revenue Operations and Client Services Branch of the Ontario Ministry of Finance OMF. The contract includes an option for an additional four years...
BancTec Secures $16 Million Contract with Ontario Ministry of Finance
Canadian Provincial Government Turns to BancTec for Remittance Processing Solution
BancTec Expands Global Business Process Outsourcing Market Share with MEDIASERVICE Transaction
BancTec assumes the contracts of MEDIASERVICE, of Cologne, Germany, to expand its European Business Process Outsourcing operation
BancTec Helps CFOs Reduce Cost Per Invoice With New Accounts Payable Solutions and Services; New BancTec AP Master™ Offerings Increase Process Efficiency, Improve Financial Management and Control, and Support Regulatory Compliance
DALLAS -- BancTec, a leading global provider of document and payment processing solutions, today unveiled new offerings for CFOs seeking to reduce invoice-processing costs. BancTec's AP Master-branded accounts payable solutions and services enable companies that handle large invoice volumes to significantly lower expenses, simplify regulatory compliance through process standardization and...
BancTec Liberates Businesses from Paper-Based Processes with Outsourced Solutions for Document Imaging and Archive; Three New BPO Service Lines Deliver Improved Information Access, Regulatory Compliance and Cost Savings to Clients Worldwide
DALLAS -- BancTec, a leading global provider of document and payment processing solutions, today unveiled three new service lines for clients seeking to outsource paper-intensive processes. BancTec's new document imaging and archive solutions enable companies that generate or handle large document volumes to achieve better information access, reduction in costs,...
BancTec Enhances Payment and Document Process Outsourcing Solutions with Cognos 8 Business Intelligence; Rapidly Growing BPO Client Base to Realize Advanced Analysis and Reporting
DALLAS -- BancTec, a global provider of document and payment processing solutions, today announced that it has entered an OEM partnership with Cognos, the world leader in business intelligence BI and performance management solutions, to provide enhanced analysis and reporting to BancTec's business process outsourcing BPO clients.
BancTec Speakers Share Expertise at TAWPI 2006; Global Leader in Document and Remittance Processing Highlights Real-World Success Stories
DALLAS -- BancTec, a global provider of document and remittance processing solutions, today announced that Neil Snowdon, vice president of global product development, and John Fox, subject matter expert, will present real-world client success stories as featured speakers at The Association of Work Process Improvement TAWPI Forum and Expo, taking...
BancTec Takes DocuScan to New Levels of Power and Precision; Company's Experience in Building Solutions Bears Fruit in New Product Features
PHILADELPHIA -- BancTec, a global provider of document and remittance processing solutions, today unveiled additional capabilities for the DocuScan line of ultra high-speed, mixed-document scanners. BancTec will demonstrate the enhancements at AIIM Expo 2006, Booth #1030, from May 16-18 at the Pennsylvania Convention Center.
BancTec Shows Businesses How to ''Stay Ahead of the Curve'' at AIIM's ECM Solutions Seminars
DALLAS -- BancTec offers valuable advice to businesses with its presentation "Stay Ahead of the Curve: Discover New Document Processing Opportunities" at AIIM's Enterprise Content Management ECM Solutions Seminar series. The free, educational series is designed to provide professionals with information on how to better manage their business content, documents...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| John R. Harris | Chief Executive Officer |
| Michael Peplow | President, Emea |
| Jeffrey D. Cushman | Cfo & Senior Vice President |
| Lin M. Held | Chief Admin Officer & Senior Vice President |
| Mark D. Fairchild | Senior Vice President and Chief Technology Officer |
| Brendan P. Keegan | Senior Vice President, Strategy & Business Dev |
| Mike Fallin | Senior Vice President, Corp Marketing |
| Chuck Corbin | Banctec's Vice President of Marketing |
| Jeff Brown | Vice President of Banctec's Business |
| Jerry Brown | Vice President, Worldwide Alliances |
| Kathy M. Costner | Vice President, Ir |
| Matt Ritter | Vice President, Information Systems |
| Neil Snowdon | Vice President of Portfolio Management and Software Development |
| Simon Fisher | Vice President Global Product Services |
| Susan Kennedy | Vice President |
| Terry Holash | Vice President Americas Infrastructure Services |
| Malcolm J. Gurney | Senior Vice President & General Manager, Emerging Mkts |
| Steve Downey | General Manager |
| James Silcock | Business Development Director |
| Julie T Brown | Director, Marketing and Corporate Communications |
| Peter C. Caporal | Director, Production |
| Elaine Fullbright | Manager, Cash Management |
| Gene Engelke | Product Manager |
| Gert Meijerink | Product Manager |
| Kathy Hauslein | Controller |
| Denise Burns | Secretary |
| Marge Cherne | Treasurer |
| Michael Domingue |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| J. Coley Clark | President, Chief Executive Officer and Chairman of the Board of Directors |
| Robert A. Minicucci | Chair of Board |
| Eric Lee | Board of Directors |
| Felipe F. Atela | Board of Directors |
| Gary J. Fernandes | Board of Directors |
| R Randolph Devening | Board Member |
| Sanjay Swani | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | President, Chief Executive Officer and Chairman of the Board of Directors | Current |
| Carreker Corporation | Board of Directors | Current |
| Fundsxpress Inc. | Director | Former |
| Banctec, Inc. | Board of Directors | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Chief Executive Officer | Current |
| Genuity International, Inc. | Current | |
| Premiere Global Services, Inc. | Chairman | Current |
| Premiere Global Services, Inc. | Board of Directors | Current |
| Delinea Corporation | Board of Directors | Current |
| inVentiv Health Inc. | Director | Current |
| Banctec, Inc. | Board of Directors | Current |
| Global Solutions | Chief Executive Officer | Former |
| Electronic Data Systems Corporation | CEO | Former |
| Widerthan Americas, Inc. | Chairman and Chief Executive Officer | Former |
| Delinea Corporation | Chief Executive Officer | Former |
| Delinea Corporation | President | Former |
| Electronic Data Systems Corporation | Corporate Vice President | Former |
| Electronic Data Systems Corporation | Group Executive | Former |
| Global Solutions | Board of Directors | Former |
| inVentiv Health Inc. | member | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | President, Emea | Current |
| Banctec, Inc. | Senior Vice President | Current |
| Banctec, Inc. | Business Development Manager | Current |
| Banctec, Inc. | Managing Director | Former |
| Banctec, Inc. | Sales and Marketing Director | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Cfo & Senior Vice President | Current |
| Evercom, Inc. | Treasurer | Current |
| Banctec, Inc. | Board of Directors | Current |
| Metromedia Company | Board of Directors | Current |
| Evercom, Inc. | Chief Financial Officer | Former |
| Evercom, Inc. | Senior Vice President | Former |
| Banctec, Inc. | Vice President of Finance | Former |
| Southern Methodist University | Master's Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Chief Admin Officer & Senior Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Senior Vice President and Chief Technology Officer | Current |
| Manchester University | Bachelor's Degree In Aeronautical Engineering | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Senior Vice President, Strategy & Business Dev | Current |
| Revenue Edge Ventures | CEO | Former |
| Banctec, Inc. | President of Banctec's Itsm Division | Former |
| Revenue Edge Ventures | Senior Vice President | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Senior Vice President, Corp Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Banctec's Vice President of Marketing | Current |
| Siemens Business Services | Vice President | Former |
| Technology Integration Services Inc | Vice President of Sales and Marketing | Former |
| Siemens Business Services | General Manager | Former |
| The University of Tulsa | Bachelor's Degree In Business Administration | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President of Banctec's Business | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President, Worldwide Alliances | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President, Ir | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President, Information Systems | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President of Portfolio Management and Software Development | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President Global Product Services | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Vice President Americas Infrastructure Services | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Senior Vice President & General Manager, Emerging Mkts | Current |
| Banctec, Inc. | Vice President, Marketing | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | General Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Business Development Director | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Director, Marketing and Corporate Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Director, Production | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Manager, Cash Management | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Product Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Controller | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Secretary | Current |
| Banctec, Inc. | Secretary | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Treasurer | Current |
Dr. Michael Domingue (Secretary): Dr. Domingue holds a BS in Business Administration and an MS in Rhetoric from the University of Southwestern Louisiana, as well as a PhD in Speech from Lousiana State University. Having previously taught at the University of Texas at Arlington, he has been with Banctec, a global technology services company in the capacity of opportunity manager for the past several years. He is currently also teaching at the Collin County Community College District. His past experience includes being treasurer and vice president of ASTD (Fort Worth/Mid-Cities), member of the Long Range Facilities Planning Committee for McKinney ISD, and a PTO member of the former Academic Competitiveness through Technology (ACT) Academy. He brings skills in the areas of communication, organizational behavior, process orientation, and project management to the board.
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Current | |
| Imagine International Academy of North Texas | Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Wcas | General Partner | Current |
| Welsh Carson Anderson & Stowe | General Partner, Info & Business Services | Current |
| Banctec, Inc. | Chair of Board | Current |
| Alliance Data Systems, Inc. | Board of Directors | Current |
| Headstrong Corporation | Member of the Board of Directors | Current |
| Global Knowledge, Inc. | Director | Current |
| Elind, Inc. | Member of The Board of Directors | Current |
| Alliance Data Corporation | Board of Directors | Current |
| Amdocs Limited | Director | Current |
| First Data Corporation | Chief Financial Officer | Former |
| American Express Company | Senior Vice President | Former |
| First Data Corporation | Senior Vice President | Former |
| Fdc, Inc. | Senior Vice President | Former |
| Lehman Brothers Holdings Inc. | Managing Director | Former |
| American Express Company | Treasurer | Former |
| Amherst College | MBA | Former |
| Harvard Business School | MBA | Former |
| Amherst College | Graduate | Former |
Mr. Lee is a Principal at Welsh, Carson, Anderson & Stowe where he invests in the healthcare and information & business services industries. Previously, Mr. Lee worked in the Mergers & Acquisitions and High Technology investment banking groups at Goldman, Sachs & Co. Mr. Lee is a graduate of Harvard College.
| Organization | Position | Status |
|---|---|---|
| Welsh Inc. | Principal | Current |
| Banctec, Inc. | Board of Directors | Current |
| Electronic Evidence Discovery Inc. | Board of Directors | Current |
| Elind, Inc. | Member of the Board of Directors of Headstrong | Current |
| Eed - Electronic Evidence Discovery, Inc | Board of Directors | Current |
| Headstrong Corporation | Member of the Board of Directors of Headstrong | Current |
| Wcas | Associate | Former |
| Goldman, Sachs & Co. | Former | |
| Harvard College | Former | |
| Harvard University | Former |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Banctec, Inc. | Board of Directors | Current |
R. Randolph Devening has served as one of our directors since December 2003 and prior to his retirement in 2001, served as CEO, President and Chairman of Foodbrands America. He is currently a board member for Penford Corp. and BancTec Corp. Mr. Devening is Chairman of our audit and compliance committee.
| Organization | Position | Status |
|---|---|---|
| Penford Corporation | Board Member | Current |
| Banctec, Inc. | Board Member | Current |
| Safety-Kleen Systems, Inc. | Chairman of the Audit and Compliance Committee | Current |
| Safety-Kleen Systems, Inc. | Board of Directors | Current |
Sanjay Swani currently is a General Partner at Welsh, Carson, Anderson & Stowe. He joined WCAS in 1999 focusing on investments in the information and business services and communications industries. Prior to joining WCAS, he was a Director with Fox Paine & Company, a San Francisco-based private equity firm. Swani also spent four years in the Mergers, Acquisitions & Restructuring Department and two years in the Debt Capital Markets Department of Morgan Stanley Dean Witter & Co. He earned an undergraduate degree from Princeton University in 1987 and concurrent degrees from the Harvard Law School and the MIT Sloan School of Management in 1994.
| Organization | Position | Status |
|---|---|---|
| Deltacom, Inc. | General Partner at Welsh, Carson | Current |
| Welsh Carson Anderson & Stowe | General Partner, Info & Business Services | Current |
| Flag Capital Management, LLC | Current | |
| Valor Telecommunications, LLC | Board of Directors | Current |
| Banctec, Inc. | Board of Directors | Current |
| Deltacom, Inc. | Board of Directors | Current |
| Mobile Storage Group Inc. | Board of Directors | Current |
| Mobile Mini, Inc. | Board of Directors | Current |
| Wcas | Vice President | Former |
| Fox Paine & Company, LLC | principal | Former |
| ITC Deltacom Inc. | Board Member | Former |
| Fox Paine & Company, LLC | Director | Former |
| Harvard Law School | J.D. | Former |
| MIT Sloan School of Management | M.S. | Former |
| Princeton University | Undergraduate Degree | Former |
| Harvard Law School | Degrees | Former |
| MIT Sloan School of Management | Degrees | Former |
| Valor Telecommunications, LLC | member | Former |
Executive News
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BancTec Opens the Book on New Multi-Vendor Services (MVS) Relationship With Tech Logic
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