Payment Solutions for Energy & Utility Providers
Integrated Bill Presentment and Payment Solutions
Public and private utilities are always looking for easier and more cost effective ways to receive payments from their customers. Paper checks still represent the majority of payments made to utilities, and with accounts-receivable conversion solutions from EPP, those old-fashioned check payments can be submitted with the speed and simplicity of electronic payments. EPP is the complete solution provider for many leading utility companies.
Electronic billing and remittance has become a popular tool to reduce the costs associated with talking payments. Paper check conversion and the resubmission of NSF check faces along with state mandated bad check fees through RCK are technologies many providers are looking to utilize to better manage the payment process.
The Express Payments Suite's on-demand model expedites the cost-effective transition to electronic payment and remittance. Telco and Media providers can increase their competitive advantage by streamlining their billing processes to generate efficiencies and an increased profit margin. EPP's bad check technology can actually open new revenue lines while optimizing the payments process. EPP knows the key to handling payments more efficiently is deep
integration into popular billing software, making sure payments are posted automatically.
Benefits
The Express Payments Suite offers the following benefits to Energy & Utility providers:
- Current Software
- Timely Payment Plans
- A High Level of Automation
- No Duplicate Entries
- The Re-Presentation of NSF Returns Automatically
- The Establishment of Recurring Payments
- Cost Effectiveness and Unmatched ROI
- TOTAL Control Over Bank Accounts for Fund Deposits
- The Pursuit of Secondary Billings More Quickly
- The Improvement of Cash Flow, the Elimination of Lost Checks, and the Reduction of Mail Handling
