SunGard announced that Fibergrate, a global manufacturer of fiberglass reinforced plastic (FRP) products for industrial and recreational use, has selected SunGard's AvantGard Receivables solution to help automate invoice collection and dispute management. AvantGard Receivables helps customers to improve liquidity management and operational control. "Our accounts receivable processes were manual and we were constantly wasting time on administrative tasks," said Travis Kirsch, chief financial officer of Fibergrate. "Our dispute volume was also increasing and we lacked visibility and control to effectively manage them. While we knew we needed automation technology, we lacked the capital and resources required to implement a traditional licensed-based receivables management solution. AvantGard's 'On Demand' solution met these challenges offering a monthly subscription-based model without the costs of hardware or ongoing maintenance.