Foresight Corporation Credits Customers with Inspiring 20 Years of Success

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Mon Apr 20, 2009 12:23pm EDT

Innovation, Performance, and Strong Relationships with Customers Prove a Winning
Formula
DUBLIN, Ohio--(Business Wire)--
Foresight Corporation, a leader in e-commerce productivity technology,
electronic transaction validation, and operational processing visibility begins
its 20th year of business today. 

In 1990, Foresight`s CEO Robert A. Fisher, who had earlier founded the EDI
(Electronic Data Interchange) software business of Sterling Commerce, started
the company to focus on improving EDI productivity. Foresight`s first product,
EDISIM (for EDI Simulator) was the first to produce test data automatically,
addressing a long-standing industry efficiency problem. 

EDISIM evolved to become the industry-standard e-commerce guideline management
suite, creating the foundation for Foresight`s more advanced products, including
the Transaction Insight automation platform, which allows complete transaction
validation and unsurpassed visibility into business operations. 

The EDI solutions Foresight introduced in 1990 were just the beginning of its
marketplace firsts. Among the innovations Foresight has brought to the
industry:

* First EDI guideline authoring tool and inventors of the Standard Exchange
Format 
* First, fastest, and most thorough transaction validation engine 
* First web-based trading partner self-testing service 
* First and most powerful transaction automation system 
* First HIPAA transaction validation product 
* First real-time healthcare transaction validation solution 
* First healthcare-specific Business Activity Monitoring solution 
* First online transaction correction & resubmission application 
* First healthcare-specific ETL engine for Business Intelligence applications 
* First automated trading partner onboarding system

Each advance was the result of what Foresight calls "co-creation" - that is,
working closely with its customers to completely understand their specific
needs, collaboratively creating solutions, and delivering them with precision
and zeal. This approach has consistently earned accolades from customers and
respect from peers and partners. 

Today, Foresight is the leading provider of transaction automation solutions,
with customers from a wide range of industries, including the largest, most
progressive names in healthcare, leading Fortune 1000 companies, and
organizations around the globe. 

Foresight`s pioneering spirit, unfaltering commitment to its customers and
creative product development that were the hallmarks of the company at its
founding are still firmly in place today. 

"Our longevity is due to the reputation we built by always delivering on our
promises," explained Robert A. Fisher, CEO. "We never considered doing it any
other way. Our customers inspire Foresight`s team of professionals to bring
their talent, energy and creativity to the challenges we take on every day. It`s
a pleasure to celebrate the first 20 years of Foresight, while looking toward a
future of new opportunities and innovation." 

About Foresight Corporation

Now entering its 20th year of business, Foresight Corporation helps customers
build standards-compliant networks, address mandates like HIPAA 5010, connect
partners, validate transactions and secure operational efficiencies. 

Foresight`s flagship Transaction Insight automation platform is used by leading
healthcare organizations and BCBS plans nationwide to provide visibility into
business operations while shortening revenue cycles, reducing administrative
costs and improving provider relations. 

Foresight is driven by a passion for co-creation, working hand-in-hand with
customers to solve today`s issues and anticipate tomorrow`s challenges. Visit
www.ForesightCorp.com or call 888-500-0800. 





Chilipepper Communications, LLC
Elizabeth Scoville, 614-507-1370 



Copyright Business Wire 2009

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