Internet access is sweeping the world with everything from social networking to shopping. Maximizing the momentum of this technology is eBill. Electronic billing and payment is becoming an established practice that consumers expect. Your consumers today are knowledgeable and require an eBill service that is convenient and reliable. Best Practice Systems offers a complete electronic billing and management solution that meets consumers at their point of preference with the ability to view statements, pay bills, check account balances and access transaction history.
The custom of using paper bills to request payment is changing quickly with Internet access. A recent Fiserv survey reported 54% of all online households paid at least one bill online with a projected increase to 63%, surpassing the number of bills paid via check. Connect with Best Practice Systems to develop your eBilling solution for improved customer satisfaction and strengthened brand loyalty.
Maximize Profitability with Online Bill Presentment
Receiving payments through electronic invoicing sources reduces your DSO and trims about $0.13 per payment processed. Each day your payment cycle is reduced, you are in a stronger financial position, competitive and poised for growth.
Even more significant is the real savings achieved with online bill presentment. Electronic billing costs just a fraction of paper-generated billing, trimming costs by as much as $0.75 per bill. Paper, printing and mailing expenses dissolve as your customers adopt eBill. Email reminders help them pay on time and provide a base for strategic and effective customer contact.
Turn off the Paper and Deliver Convenience with EBPP
More than ever, consumers are concerned about their environmental impact and are looking for convenient and secure ways to reduce the clutter of bills on their desks. Best Practice Systems’ Electronic Bill Presentment and Payment (EBPP) eliminates the paper cycle and gives you the power to deliver bills directly to your customer’s inbox. The cumbersome and problematic need for customers to search out their eBills on the web is replaced with a strategic “push” process, ensuring quick and secure delivery of your eBills via an encrypted email attachment. Through EBPP, your customer is presented an exact online replica of their familiar paper bill with optional automatic bill pay. Customer confidence and acceptance is strengthened with the mirroring of paper and online bills, accelerating their adoption of the electronic billing process.
Optimize Your Customer Touch Points
In addition to receiving an exact replica of their paper bill, customers can access a history of eBills (standard 13 months) and receive email notifications, providing ease and convenience in the transition to electronic billing. These tools expand your reach with marketing initiatives and targeted promotional campaigns while providing added value to your customers. Integrate completely with customers who already use the popular My Checkfree. This complete approach towards customer interaction sustains relationships and builds brand loyalty even as you open the door on cross-selling opportunities.
Discover how Best Practice Systems can help turn your large, medium or small business billing software system into a profitable and dynamic asset. Whether you need to improve a single solution or optimize your entire offering, choose the expertise and experience that delivers.
Click Here or call 888-923-2455 today for your eBill solution.