Daily News: December 16, 2014

Allegiance Implements Bayside’s CADENCE Live

Bayside Business Solutions, Inc. announced today that Allegiance Financial Group has implemented CADENCE Live to administer its A/R financing.

CADENCE Live delivers Bayside’s premier portfolio management solution in a cloud-based environment, providing Allegiance with the tools for handling all aspects of invoice factoring via a secure, online portal. Allegiance also implemented the CADENCE ClientWeb, to enhance service for their many transportation clients.

“We are pleased to be using CADENCE Live, which will continue to enhance the efficiencies of our processing and optimize customer service levels offered to our transportation customers,” stated Michael Kegley, General Manager of the freight bill factoring division of Allegiance Financial Group.

“We’re delighted to have Allegiance Financial Group join the Bayside family,” stated Marvin McConaghy, V.P. of Business Development at Bayside. “We look forward to being part of their continued success and growth.”

Allegiance Financial Group is a financial service company that specializes in equipment and accounts receivable financing.