BNET Industries
Last Fiscal Year Sales:$37.5M
- Private
- US
Dow Jones Description
Payformance is singularly focused on the delivery of optimal solutions for corporate payments. Headquartered in Jacksonville, FL, the company is celebrating over 20 years of developing innovative payment solutions for business. With over 3,500 customers, Payformance is a proven and reliable provider. Many corporations struggle with outdated, inefficient and poorly protected processes in disbursing payments to their employees, vendors and partners. With a range of flexible payment products and services, Payformance can assist healthcare organizations and corporations address immediate payment needs while providing the path to electronic payments.
Chief Architect
Brian RitchieNumber of Employees 174
Contact Information
7751 Belfort Pkwy Ste 200
Jacksonville, Florida 32256
1 904 997 6777
Peer Companies
NAICS Code Other Management Consulting Services: 541618
News & Analysis
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payformance corp. - All News and Analysis
Payformance Corporation Completes Recapitalization
- 2009-02-10
Premier Healthcare Claim Settlement Solutions Provider is Well-Capitalized for Growth; ABS Capital Partners Takes Controlling Stake JACKSONVILLE, Fla. -- Payformance Corporation, the premier healthcare claim settlement solutions provider, today announced that it has completed a recapitalization. The majority of funds were provided by ABS Capital Partners, a leading later-stage...
SunGard Acquires Corporate Payments Division of Payformance.
- 2008-03-10
NEW YORK, March 10 /PRNewswire/ -- NEW YORK, March 10 /PRNewswire/ --
Payformance Health Announces Powerhouse Services Team
- 2007-02-27
Top Experts in Healthcare Electronic Data Interchange and Transaction Compliance to Guide Customers on Data Issues NEW ORLEANS -- Payformance Health, a division of Payformance([R]) Corporation, announced today that three nationally recognized experts for healthcare electronic data interchange and transaction standards compliance have been added to the Payformance team....
Payformance Health Hires Healthcare Industry Leader Lisa Miller
- 2006-10-24
JACKSONVILLE, Fla. -- Payformance Health, the nation's leading provider of EFT and ERA solutions, has hired Lisa Miller as the Senior Vice President and Chief Technical Officer of HealthCare Professional Services, the company announced today. An internationally renowned expert in technological advancement within the healthcare industry, Miller will oversee...
Payformance Partners with EFC Systems to Bring Remote Deposit Capture Solutions to Customers
- 2006-10-17
JACKSONVILLE, Fla. -- Payformance Corporation, a leading provider of corporate payment solutions, announced today a partnership with EFC Systems, a leading developer of technology for the financial industry, which will allow Payformance to co-brand and resell EFC Systems' solutions for Remote Deposit Capture. "Though drafted for banks, Check 21...
Payformance Offers Further Fraud Protection to Corporations Through Support of Universal Payment Identification Code
- 2006-10-16
JACKSONVILLE, Fla. -- Payformance Corporation announced today that it is offering an additional level of fraud security through support of the Electronic Payment Network's UPIC([R]) secure account identifier. A UPIC Universal Payment Identification Code is a unique identifier that masks the actual bank account numbers of corporate payees when electronic...
Payformance Corporation and SunTrust Enter into a Strategic Partnership; Agreement Gives SunTrust an Enhanced Tool for Helping Clients Manage Corporate Payments
- 2005-10-10
JACKSONVILLE, Fla. -- Payformance Corporation announced today that it has signed an agreement with SunTrust Banks, Inc., one of the nation's largest commercial banking organizations with $169 billion in total assets. The agreement enables SunTrust to provide corporate clients with an enhanced online service designed to streamline corporate payment operations....
Blue Cross and Blue Shield Association and Payformance Corporation Sign National Agreement
- 2004-11-30
JACKSONVILLE, Fla. -- Agreement Recognizes Payformance as a Preferred Option for Transitioning Healthcare Payers to Electronic Payments and Remittance Advices
Payformance Corporation and netASPx Partner to Deliver Enhanced Solutions to Lawson Users
- 2002-10-21
Business Editors/Technology Writers
Viewpointe and Payformance Collaborate To Provide Image Statement Products
- 2002-10-01
Business Editors & High-Tech Writers CHARLOTTE, N.C.--BUSINESS WIRE--Oct. 1, 2002 Viewpointe Archive Services, LLC New Products Will Enable Banks to Extend Their Imaging Investment With Enhanced Statement Creation and Customer Service Capabilities Viewpointe Archive Services, LLC, the largest shared national image archive provider for financial...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Brian Ritchie | Chief Architect |
| David Mayer | Senior Vice President and Cfo |
| Sherry Rathburn | Vice President and Chief Information Officer |
| Lynn Carroll | Executive Vice President |
| Dan Brown | Vice President of Marketing |
| Deb Vander Ploeg | Vice President Client Implementations and Services |
| Sonia T Lucas | Vice President of Healthcare Sales |
| Bob Booth | Director of Contract Administration |
| William Nordmark IV | Senior Vice President Healthcare Solutions and National Sales Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Donald Hebb | board member |
| Phillip A. Clough | Board member |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Chief Architect | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Senior Vice President and Cfo | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Vice President and Chief Information Officer | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Executive Vice President | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Vice President of Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Vice President Client Implementations and Services | Current |
Sonia Lucas is responsible for strategic relationships and development for Harvest Link. Her focus is to identify, cultivate and maintain key relationships that help Harvest Link achieve its mission. As Vice President of Healthcare Sales for Payformance Corporation, Ms. Lucas is responsible for driving revenue, developing and maintaining executive relationships for the organization. Ms. Lucas is an accomplished business development leader with over 17 years professional experience including strategic sales and customer service management in the Fortune 500 market. Her career achievements have included eight-figure revenue growth, Fortune 500 market penetration, and the building and management of highly successful teams. Ms. Lucas has proven effectiveness in analysis of business and IT requirements, defining and implementing sales and customer service strategies, change and organizational management. She applies a results-oriented leadership approach, which has led to the success of various teams responsible for driving revenue. Ms. Lucas has held a number of executive sales management positions with such technology product and consulting services firms as Computer Associates, Novations Project Management, LDA Systems, CBM Technologies and Hyatt Regency Atlanta. Ms. Lucas' was focused on leading strategic account sales and marketing teams whose primary focus was driving revenue and achieving multi-million dollar quotas. As a dedicated and driven leader, Ms. Lucas is focused on results, fosters customer-centric strategies, effectively articulates business and technology needs and has proven her leadership in driving top-line revenue and developing effective teams. In 1999, Ms. Lucas successfully served as President of Women in Technology, a Technology Association of Georgia Society (TAG). During the same year, she also served as a board member for TAG. Ms. Lucas has actively participated in various capacities on the WIT Board for over 6 years. Ms. Lucas' community contribution is evident through her service on other boards including Harvest Link. Ms. Lucas has been married for 12 years and has a six-year-old daughter and 17 month old twin girls. She is an avid tennis player and competes year round in the ALTA and USTA leagues.
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Vice President of Healthcare Sales | Current |
| Harvest Link | Director, Strategic Relationships & Development | Current |
| Harvest Link | Board of Directors | Current |
| Women and Company | President | Former |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Director of Contract Administration | Current |
| Organization | Position | Status |
|---|---|---|
| Payformance Corporation | Senior Vice President Healthcare Solutions and National Sales Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Abs Capital Partners | Co-founder | Current |
| Abs Capital Partners | Chairman & Founding Partner | Current |
| Kenyon College | Trustee | Current |
| Payformance Corporation | board member | Current |
| T. Rowe Price Group, Inc. | Board Director | Current |
| SBA Communications Corporation | Director | Current |
| Johns Hopkins Bloomberg School of Public Health | member of the Health Advisory Board | Current |
| Alex. Brown & Sons Incorporated | CEO | Former |
| Alex. Brown & Sons Incorporated | President | Former |
| Harvard Business School | NA | Former |
| Kenyon College | NA | Former |
| Harvard Law School | NA | Former |
Phillip A. Clough has served as a director of LSI since September 2004. Since September 2001, Mr. Clough has been a General Partner of ABS Capital Partners ("ABS"), a private equity firm focused on investments in growth companies in the technology, business services, media and communications and health care industries. Prior to joining ABS, Mr. Clough was President and Chief Executive Officer of Sitel Corporation, a publicly traded global provider of outsourced customer support services, from May 1998 to March 2001. In addition to serving as a director of LSI, Mr. Clough currently serves on the board of directors of various private companies.
| Organization | Position | Status |
|---|---|---|
| Abs Capital Partners | General Partner | Current |
| American Public Education Inc | Board of Directors | Current |
| The Lancer Group | Director | Current |
| Uksurplus | Director | Current |
| Geneva Auctions Ltd. | Director | Current |
| Advanced Disposal Services, Inc. | Board member | Current |
| Payformance Corporation | Board member | Current |
| Liquidity Services, Inc. | Board of Directors | Current |
| Stock Auctions | Director | Current |
| SITEL Corporation | CEO | Former |
| SITEL Corporation | President | Former |
| Alex. Brown & Sons Incorporated | Advisor | Former |
| United States Army | Captain | Former |
| United States Military Academy | NA | Former |
| Darden Graduate School of Business Administration | NA | Former |
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