An advanced online payment service featuring an electronic billing platform to facilitate the delivery, viewing and payment of invoices between business partners.
This service includes short payment dispute tracking to expedite problem resolution, EDI file support, ad hoc and management reporting and full customer service support to decrease administrative work and payment lag time.
BUSINESS-TO-BUSINESS (B2B) ELECTRONIC BILLING – INSURANCE CASE STUDY
A national insurer that offers group plans to businesses has experienced great success with our XprsPay B2B payment solution. They have already achieved 66% enrollment in online delivery and a 21% payment adoption rate. This experience has led them to recently upgrade their functionality to include the following features
- Email delivery with courtesy copies
- Short pay comments and tracking
- Ad hoc query & failed email and file tracking
- Presentment of both statement & daily balances, as well as extended document management