CTP listened to our clients' needs and responded with features they needed. These improvements demonstrate our deep commitment to the unique challenges of our clients in the B2B market place.
Agoura Hills, CA (PRWEB) September 19, 2009
The newly enhanced CTP Solutions EIPP system enables bill recipients to view, research, print, download, and pay the bill. The benefits to the biller include reduced invoicing costs, improved days sales outstanding, reduced costs to process payments, and increased customer satisfaction through an online location which features the biller's brand and logo.
Electronic bill presentment and payment has undergone significant growth since 2000. There were 20 million bills paid electronically nine years ago. Today the number has grown to an astounding 7 billion invoices submitted and paid online. The new EIPP enhancements target B2B users who have not yet switched to electronic billing.
CTP Solutions is a leading purveyor of outsourced billing solutions whose recent advancements in their EIPP (Electronic Invoice Presentment and Payment) product continue a long trend of refinements. This release satisfies CTP customers' request for a simpler user interface by providing flexible payment alternatives.
According to CEO Jack Schachtel, "CTP listened to our clients' needs and responded with features they needed. These improvements demonstrate our deep commitment to the unique challenges of our clients in the B2B market place. "
"Our goal with this release is to focus on improving features that would accelerate the acceptance of electronic payments by more B2B customers," said James Romano, Executive Vice President CTP Solutions. "The improvements make it simpler for invoice recipients to manage, view and pay online."
CTP creates invoices to meet business requirements and deliver them to your customers via physical mail or electronically. We then provide simple and effective methods to allow your customers to pay, and provide you with the capability of electronically viewing any delivered invoice at any time. The entire process is flexible thus allowing us to integrate with any process you currently have in place. By outsourcing your Accounts Receivable to CTP, you'll improve cash flow, save time and money, and gain quality and flexibility.
Headquartered in Agoura Hills, CA. the company's flagship products and services, consists of paper, fax and e-mail billing as well electronic invoice presentment and payment (EIPP). EIPP is a solution that delivers a swift reduction in operational costs, faster payments and a superior customer experience. CTP revolutionizes the way bills, statements, collection notices, paystubs and other heavy volume documents are delivered and paid. Direct email delivery of bills and statements dramatically increases customer adoption of electronic documents, paper reduction and electronic payments. This enables CTP's clients to achieve a better ROI, to complement their existing electronic communication strategies, which appreciably reduce paper use and to reduce environmental impact.
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