Naperville, IL (PRWEB) April 14, 2009
Bill collection during a downturn can be difficult enough, but with a record number of home foreclosures across the United States, billers in virtually every industry are finding it challenging to keep track of customers who are forced to move due to difficult economic conditions.
Executives from Regulus Group, the premier provider of outsourced billing and payment services, will address best practices for effectively dealing with these challenges in a teleseminar titled, "From Paper to Electronic - Tracking & Billing Customers in Today's Changing Economy," on Friday, April 17 at 1:30 p.m. ET. The teleseminar will be led by Greg Adelson, Chief Revenue Officer, and Todd Haycock, Document Processing Solutions Manager.
As corporate cutbacks and layoffs continue to mount, consumers are increasingly hard-pressed to meet their financial obligations; more than 3 million foreclosure filings were made on US properties in 2008. As a result, billers are finding it increasingly difficult to track customers and obtain payments from those who have been displaced from their homes.
Adelson and Haycock will discuss how billers can improve their revenue collection processes by migrating customers from paper to electronic billing. They will also discuss the postal optimization, billing, remittance and change-of-address tools that are necessary to keep current with consumers that prefer paper bills and payments.
For additional information and to register, please visit http://www.nacha.org/conferences/teleseminars/Tele_From_Paper_to_Electronic_041709.
Regulus' Transactions² (T²) suite of products and services provides companies in the finance, healthcare, insurance, telecom and utility industries with much greater control and visibility over their billing and remittance processes. The T² suite creates value at every stage of the transaction lifecycle by increasing access to valuable data and combining traditional paper with state-of-the-art electronic services. Approximately 40 percent of the FORTUNE 50 uses Regulus' services. Regulus processes nearly two billion transactions each year and nearly $32 per month of the recurring bills in every American household.
About Regulus Group
Regulus Group is the premier provider of outsourced billing and payment services designed to accelerate cash, improve corporate productivity and reduce overall management costs. Our integrated approach to the payment lifecycle enables Regulus customers to outsource and automate their most resource-consuming billing and payment requirements while actually increasing control over the entire process. As one of the largest bill presentment and payment processors in the United States, Regulus services nearly two billion paper and electronic transactions every year for companies in the telecom, insurance, finance, utility and healthcare industries. Regulus is a wholly owned subsidiary of 3i Infotech. For more information, visit http://www.regulusgroup.com.
About NACHA - The Electronic Payments Association
NACHA - The Electronic Payments Association is a not-for-profit association that oversees the Automated Clearing House (ACH) Network, one of the largest electronic payment networks in the world.
More than 18 billion ACH payments were exchanged in 2007. NACHA is responsible for the administration, development, and enforcement of the NACHA Operating Rules and sound risk management practices for the ACH Network. Through its industry councils and forums, NACHA brings together hundreds of diverse payments system stakeholder organizations to enable the development of new network services and applications. NACHA represents more than 11,000 financial institutions through direct membership and 19 regional payments associations. NACHA and its members provide education, tools, and resources to increase the adoption of ACH payments to benefit businesses, consumers, and governments. To learn more, visit http://www.nacha.org and http://www.electronicpayments.org.