Low-profile Shelving is Economical Fit for Global Clothing Retailer

LOS ANGELES (PRWEB) March 19, 2018

Jim Voshell, of Baltimore, Maryland-based Conveyor Handling (conveyorhandling.com) needed to solve a shelving problem on behalf of a global clothing retailer with numerous distribution centers throughout North America. But, the end-user/retailer did not have budget to implement the clip-type steel shelving the client believed they needed. Aware of Western Pacific Storage Solutions’ (http://www.WPSS.com) extensive shelving line, Jim Voshell thought about Western’s low-profile shelving.

WPSS Eastern regional sales manager Bruce Marks demonstrated a significant savings in both materials and installation when specifying a lower-profile product to an application that did not require the heavy-duty clip type steel shelving the end-user had originally wanted.

A detailed study of what was being stored was executed; the end result was that the retailer observed RiveTier product functionality was all that was needed to support the lite-weight clothing items being stored. Further, once the end-user visited a large facility that had RiveTier units, they did not see the logic for pursuing the clip type steel shelving because their specific application was geared more towards RiveTier where they enjoyed a significant savings over material and installation costs of the clip-style.

After placing the order for RiveTier, the global retailer was significantly under budget which allowed them to expand, thereby purchasing additional low-profile RiveTier shelving, which they are currently doing.

Tom Rogers, WPSS’ president and CEO, points out that RiveTier is one of the strongest and most economical boltless systems made; boltless connections mean quick and easy assembly, no small parts to misplace which frequently translates into cutting assembly time in half.

He continued, “Sometimes, boltless shelving is the best solution when the items to be stored are lighter in weight. We encourage everyone to take a second look at all possibilities while still maintaining high standards of safety.”

In this situation, WPSS partnered with Conveyor Handling, a leader in providing material handling solutions since 1975. Conveyor Handling Company has developed and maintained relationships with private and public companies nationwide, as well as US and state government agencies. They were instrumental in bringing WPSS to the table to provide the final solution for this end-users’ distribution centers.

ABOUT WPSS: Over the past twenty years, Western Pacific Storage Solutions (http://www.WPSS.com) has experienced steady growth as a trusted supplier of industrial shelving and work platforms (mezzanines) to some of the world’s largest corporations. The company’s national operations span from California to Texas to Kentucky, with two manufacturing plants, and three well-stocked distribution centers.

Read the full story at http://www.prweb.com/releases/2018/03/prweb15338300.htm

Aldrich Capital Partners Closes $26 Million Growth Investment in Paymerang

BETHESDA, Md. and RICHMOND, Va. (PRWEB) March 19, 2018

Aldrich Capital Partners today announced that it has made a $26 million growth investment in Paymerang, LLC, a leading provider of electronic payment solutions for businesses.

This investment will buy out company investors and help Richmond-based Paymerang grow in the Procure-to-Pay space with new jobs, products, sales channels and operational infrastructure. Paymerang intends to significantly expand operations in the Richmond metro area and add over 100 jobs over the next five years.

“From its inception, Paymerang has transformed the way businesses pay their suppliers electronically, enabling them to be more efficient, secure and profitable,” said CEO Nasser Chanda. “We are proud of what Paymerang has delivered to our clients over the years and excited about the journey ahead. Our market is ripe for innovation and we intend to work fast to develop solutions to the complex problems businesses face today. To be able to do this from Richmond, with our incredibly dedicated Paymerang team and this backing from a top-caliber investment group like Aldrich, is a dream come true.”

The Procure-to-Pay market is primed for disruption, with manual, paper-laden processes that create friction between businesses. Paymerang’s founder, Steve Winston, along with talented company employees, delivered a revolutionary way to help businesses automate supplier payments with elegant simplicity and a proven reduction in accounts payable’s work.

Now, Paymerang is armed with capital and support to expand throughout the procurement cycle, facilitating the automation of the accounts payable and accounts receivable functions. Improving the entire cycle will help Paymerang achieve its vision of enabling “The Perfect Payment.”

“Aldrich Capital is the entrepreneur behind the entrepreneur,” said Mirza Baig, founding partner of Aldrich. “We are delighted to invest in an innovative company like Paymerang that is defining the future of business payments. We think very highly of the employees and the management team, and know this will be a wonderful journey.

“Procure-to-Pay is in the process of disruption and Paymerang is the vehicle to do it,” Baig added. “We expect to provide significant operational support to rapidly grow Paymerang through organic and acquisition-based growth. This is a vast market that is still in early innings and we look forward to proving out our investment thesis over the coming years.”

Aldrich Capital Partners helps private companies attain their growth objectives by tapping into the resources, knowledge base and network of relationships of the investment group, which has invested over $1 billion in technology companies since 1999.

Virginia Gov. Ralph Northam’s visit Monday to Paymerang headquarters solidified Aldrich’s milestone investment. Northam greeted the entire Paymerang team and spoke about the impact this financing will have on the Virginia economy.

“Virginia is proud to call itself home to innovators like Paymerang and I am pleased to join them in celebrating Aldrich Capital’s investment in their future,” said Governor Northam. “This significant step means Paymerang can provide even more entrepreneurs and businesses with the solutions they need to be more efficient, effective, and successful and as a result, have an even broader impact on the growth of 21st-century jobs and Virginia’s economy.”

Aldrich’s $26 million investment represents the single largest investment in a financial technology company in the history of Virginia, according to CB Insights & CrunchBase.

“Aldrich Capital is the right partner for Paymerang at this stage,” Chanda said. “Throughout the investment process, Aldrich’s vision for Paymerang impressed us. Our values of ethics, teamwork and innovation aligned toward solving today’s complex business problems. We look forward to Aldrich’s support in building our talent, products, infrastructure, sales channels and acquisition strategies as we grow our leadership position in the industry.”


Aldrich Capital Partners was formed by experienced investors who are successful entrepreneurs. The firm was started with the philosophy of being the entrepreneurs behind the entrepreneur by helping private companies attain their growth objectives. Since 1999 the Aldrich team has been responsible for over $1 billion in technology investments. Aldrich’s principals are investors and operators, who bring their experience to bear from the strategic level down to the operational and business planning level. Aldrich’s leadership and advisors bring many decades of experience executing transactions in sectors such as business services, software & cloud solutions, FinTech and healthcare IT. To learn more, visit http://www.aldrichcap.com.


Paymerang was founded in 2010 with a simple goal: to deliver a solution that would facilitate electronic supplier payments for businesses–and generate profit in the process. Through its revolutionary simplicity, Paymerang enables clients to pay all their vendors electronically with a single payment file. By handling the entire process, from secure vendor enrollment to payment processing to payment reconciliation and customer service, Paymerang is able to offer efficiency that saves hundreds of hours of finance time, security that protects all types of payments from fraud, and financial rewards that turn accounts payable into a profit center. The company provides solutions for clients around the country in education, healthcare, media, manufacturing and beyond. Paymerang processes over $1.5 billion in payments annually to a network of over 60,000 suppliers from coast to coast, with 75 percent receiving electronic payments. To learn more, visit http://www.paymerang.com.

Read the full story at http://www.prweb.com/releases/2018/03/prweb15338702.htm

Infragistics Customers Get Actionable Intelligence with ReportPlus

CRANBURY, N.J. (PRWEB) March 19, 2018

The last 40 years have been called the Information Age for good reason. Data is all around, and growing exponentially. But information is only as useful as the ability to access, analyze and act on it. Infragistics, a worldwide leader in providing tools and solutions that accelerate design, development, and collaboration, offers a data visualization tool that allows you to bring all your data together and display it in one view, ReportPlus.

There are two different ways to approach the self-service BI in ReportPlus. ReportPlus offers robust features to create, edit and share rich interactive reports and access data for desktop and mobile. For engineers from Japanese UX Company, 2ndFactory, ReportPlus has helped them walk a mile in their customers’ shoes to create better UX and custom dashboards.

  • Founder Koji Ozeki believes that IT should be considered a part of the services industry to ensure they provide a “comfortable experience for everyone, everywhere.” So to ensure the firm’s UX developers were creating applications that met users’ actual needs, he started both a fried chicken chain and summertime beach bar and sends his firm’s UX engineers there to get on-the-ground exposure.
  • They quickly learned that they had left out the needs of the restaurant management in the initial design of QOOpa, a cloud-based ordering management solution for the food and beverage industry, and had only thought of the aspect of taking orders from the restaurant customers.
  • To help visualize the data from multiple perspectives, they brought in ReportPlus, allowing restaurant managers to easily combine and present data sets. This allows them to see trends without having to write code, and to share the visualizations instantly across mobile devices, providing true self-service business intelligence.

Tokyo-based SuperStream, Inc. provides management framework software for global accounting and human resource management departments at more than 8,000 medium-to-large businesses. They took the other approach, choosing to buy embedded analytics.

  • SuperStream initially allotted 24 months to revamp their flagship product, SuperStream NX, aiming to provide one global instance for enterprise resource planning (ERP). But with the combination of the controls from Infragistics Ultimate UI for WPF, and integration of ReportPlus Embedded, SuperStream NX v2.0 launched six months ahead of schedule, with more features than initially conceived to help companies optimize their accounting and human resources management.
  • Now as they have robust BI data processing and graphic presentations to complement the grids and controls already built into the product. By embedding analytics, the new version of SuperStream-NX provides dashboard views of training materials, news, and details of the usage license.

To help new users get started with ReportPlus, Infragistics offers an analytics Dashboard Concierge Program. Customers can join the program during their product trial by completing a simple web form. Qualified participants will receive a 1-hour session with an Infragistics Dashboard Concierge to assist them with:

  • The basic concepts of ReportPlus
  • Connecting and leveraging popular Data Sources
  • Creating transforming visualizations and dashboards

And developer team leaders who are deciding if they want to build or buy their own can check the infographic decision tree to see if ReportPlus Embedded might be the best choice for them.

About Infragistics

Infragistics is a worldwide leader in providing tools and solutions to accelerate application design and development, insights and collaboration for any organization. More than two million developers use Infragistics enterprise-ready UX and UI toolkits to rapidly prototype and build high-performing applications for the Cloud, Web, Windows, iOS and Android devices. Infragistics Enterprise Mobility solutions ReportPlus and SharePlus, give business users the latest advancements in self-service business intelligence and collaboration software. Additionally, Infragistics offers expert UX Services and award-winning support.

Product or service names mentioned herein may be the trademarks of their respective owners.

Read the full story at http://www.prweb.com/releases/2018/03/prweb15328142.htm