Business-to-Consumer ONE BILLING & PAYMENT PARTNER FOR CONNECTING CLIENTS WITH THEIR CUSTOMERS The Business Case For Billtrust www.Billtrust.com THE BUSINESS CASE FOR BILLTRUST From its inception, Billtrust has believed the potential of the billing process was undervalued and under-recognized as a core strategic business component. The technologies and initiatives Billtrust deploys help businesses move billing from the back office to a strategic weapon that connects them with their cash and the customers they serve. Billtrust is the premier provider of Billing and Payment solutions for business-to-consumer organizations in a range of industries including utilities, municipalities, media, insurance, and home delivery services (e.g., bottled water and propane). Billtrust’s comprehensive offerings help its clients solidify customer relationships, increase productivity, improve cash flow, and seamlessly migrate to electronic channels. WHY BILLTRUST As business-to-consumer organizations try to broaden their billing channels to accommodate their customers, they are faced with a dilemma. In-house efforts are often costly and fall short of delivering comprehensive solutions. Outsourcing various components of the billing process to multiple vendors is inefficient and nearly impossible to fully integrate. Billtrust has a better way. In response to industry demand for a single solution that would tie all forms of traditional and electronic billing and payment together, Billtrust developed an integrated process where businesses can offer their customers an array of paper and electronic payment options. This single provider model delivers simplicity and efficiency for clients while enabling a variety of options for interacting with their customers. 99% Client Retention Rate $200 Billion Annual Receivables Processed 8 Years Consecutive Inc 500 Listings “With Billtrust’s expertise we were able to roll out multiple payment options to our customers all at once, without straining our internal resources over the course of months or even years. Billtrust has been open and responsive to our individualized needs.” ...Anne Glassman Business Solutions Manager City of Castle Rock Billtrust Worldwide Headquarters 100 American Metro Boulevard Hamilton, New Jersey 08619 1-888-580-2455 1-888-580-2455 www.billtrust.com www.billtrust.com Page 1 of 7 BILL PRESENTMENT & PAYMENT ELECTRONIC AND IN-PERSON CHANNELS Billtrust’s EBPP platform is branded to each organization and has 100+ customizable features that billers can offer their customers. Mobile account access offers customers the convenience of viewing and paying their bills from any smartphone or tablet. The fastest, lowest cost delivery in .pdf format. Enables consumers to view and pay their bill from the convenience of their bank website. Billtrust converts online bank payments to electronic funds for simplified posting. This automated phone service enables customers to make payments by phone 24/7/365. Billtrust can arrange automated terminals, or kiosks, as well as other In -Person locations for customers that prefer that option or want to pay in cash. Page 2 of 7 THE BUSINESS CASE FOR BILLTRUST BILL PRESENTMENT & PAYMENT PAPER / MAIL Billtrust prints and mails customer statements from its eight North American production facilities. To ensure fast delivery of statements to customers, all files that are uploaded and approved for production by 12:00 AM EST are printed the next business day. Billtrust also processes and delivers mail to the USPS on Saturdays. Billtrust is CASS and PAVE certified, ensuring that all statements are mailed at the lowest possible postage rate. As Billtrust processes bills for delivery, statements are updated using the National Change of Address (NCOA) database. These address updates, along with Uncertified Address updates are provided to clients so they can keep their accounting system up to date. Billtrust also employs extensive quality control procedures to ensure that every bill is accurate and is delivered to the proper customer. During the print production process, a ‘before’ and ‘after’ scan is performed to ensure that each bill remains in sequence and is inserted into the proper envelope along with any corresponding inserts that are produced by Billtrust. Page 3 of 7 THE BUSINESS CASE FOR BILLTRUST BILL PRESENTMENT & PAYMENT EXPERT BILL DESIGN Billtrust has experience designing bills for more than 1200 organizations across North America. Clients have the option of retaining their current bill design or creating an entirely new layout influenced by best practices and industry trends that are reviewed with a team of experts. QR CODE VARIABLE LOGOS DYNAMIC MESSAGE DUAL BARCODE TECHNOLOGY INTELLIGENT MAIL BARCODE Page 4 of 7 THE BUSINESS CASE FOR BILLTRUST eADOPTION Billtrust provides its clients a variety of presentment and payment channels to offer their customers. But the promise of great benefits doesn't materialize just by having channels. It's about driving eAdoption, and that's where MEAP (Managed eAdoption Program) becomes invaluable. 46% A Billtrust team of experts guides clients through the process of boosting eAdotion rates quickly and to dramatic levels. Plus, there’s a special "My MEAP" portal that finance and marketing teams can access anytime for templates, training, tips, and tricks. 75% eAdoption Across Clients Possible eAdoption Savings 3-5 Days Reduction In DSO “myMEAP” Marketing eAdoption Planner Billtrust has created a Marketing Planner tool that is easy to use and sets clients up for success. Achieve eAdoption goals by calculating savings, creating a plan, downloading proven customizable marketing pieces, as well as accessing a series of best practices and case studies. Billtrust Worldwide Headquarters 100 American Metro Boulevard Hamilton, New Jersey 08619 1-888-580-2455 www.billtrust.com www.billtrust.com 1-888-580-2455 Page 5 of 7 THE BUSINESS CASE FOR BILLTRUST TAKE CONTROL WITH CLIENT CONNECT™ Businesses need instant, accurate insight into the billing process and that's what CLIENT CONNECT delivers. It's a personal dashboard that enables management of the billing process and access to every bill. Track the delivery of bills online. SmartTrak™ technology, accessed through the Client Connect portal, allows businesses to track each and every bill from processing to its movement through the USPS. This tool is used to confirm the date a bill was delivered to a customer's local post office. And, it also tracks the delivery and receipt of electronic bills. Finally, clients can track inbound checks through the system. Retrieve any bill, anytime. The CLIENT CONNECT portal grants easy access to all bills online. Pull up a customer's bill to easily answer a question when they call. Resend bills with the click of the mouse and even process an express payment for them. Control the messages on bills. Change the messaging on bills in Client Connect and the new message will be printed on tomorrow’s bills. Messages can vary by region, account type, and other attributes to strengthen the power of the message. CLIENT CONNECT: SPRINGFIELD UTILITY Page 6 of 7 THE BUSINESS CASE FOR BILLTRUST THE COMPANY BILLTRUST KEEPS Billtrust has earned the reputation as a trusted provider of comprehensive, next-generation invoicing and payment. There are partnerships with more than a dozen software companies, buying groups, and trade associations who have selected Billtrust as their recommended billing service provider. Billtrust’s extensive customer base spans multiple verticals in the business-to-consumer arena. Many of these names are among the most known and respected companies in North America. “Letting Billtrust handle our billing relieves us of something we weren’t good at. Statement time at the end of month was dreaded around here. Now billing goes very smoothly with the result that statements are in the mail sooner." ...Jeff Vinyard President Crystal Springs Bottled Water “Billtrust came highly recommended to us and lived up to their reputation. The improvements we saw occurred throughout all facets of the bill. Our response rate has improved significantly. We are also no longer dealing with the many hassles we faced when we were doing the billing ourselves.” ...Clay Eubank Circulation Director Chico Enterprise Record Billtrust Worldwide Headquarters 100 American Metro Boulevard Hamilton, New Jersey 08619 1-888-580-2455 www.billtrust.com www.billtrust.com 1-888-580-2455 Page 7 of 7
© Copyright 2024