Muncie, IN (PRWEB) December 1, 2006
Ontario Systems announces the general release of its integrated electronic payments transfer functionality using the Link product. The Link product provides a fully integrated connection to ITS, Mid-America Solutions and Western Union.
The first client to utilize the EPT functionality through Link was Professional Account Services Inc., a collection agency located in Brentwood, Tenn. After setting up the service in the Link product, the staff hours required to process phone payments dropped from 74 hours a month to two hours a month. The new system also eliminates the need to make paper copies of credit card numbers, increasing security and eliminating shredding costs. Card numbers are encrypted in the database and masked in the system, also increasing security.
If a check is returned for insufficient funds, a paper-based check can be re-presented only once but an electronic payment can be re-presented twice and you select the day of the second re-presentment. Using the automated re-presentment functionality, PASI always selects Friday for secondary re-presentments. Electronic payments also have priority for payment over paper-based checks. The result is a significant decrease in NSF's.
Account representatives appreciate the ability to identify if an account is in good standing and process a payment while the responsible party is on the phone. With this functionality, they can find an alternative method of payment if the first one is rejected.
"We are enthused that this solution offers our clients fully integrated EPT functionality while still allowing the freedom of choice between multiple vendors," said Paul G. Smith, Ontario Systems vice president of Link vendor relations.
Professional Account Services, Inc. employs over 250 employees and provides debt collection services to over 80 medical facilities across the nation. The services provided include Early Out programs, Extended Business Office Services, Self Pay and Insurance Collections, and Lien filing. PASI is a privately held company located in Brentwood, Tennessee. For more information, visit http://www.pasionline.com.
About Ontario Systems
Ontario Systems, LLC, provides debt collection software to organizations that manage large volumes of accounts receivables. These organizations include hospitals, collection agencies, collection attorneys and bankcard issuers. As the largest provider of receivables management products, including the Artiva, FACS and CT Vision systems, Ontario Systems is recognized throughout the industry as the leader in technology and customer service. With operations in Indiana and Ohio, it is a privately held company based in Muncie, Ind. For more information, visit http://www.ontariosystems.com.