Striata Credit & Collections Dramatically Reduces Billing Costs

Striata, a accustomed baton of cyberbanking delineation and transaction applications, talks today about how their avant-garde cyberbanking acclaim and collections band-aid is advised to advice billers abate the cogent costs associated with crime and accomplished due accounts.

New York, NY (Vocus/PRWEB ) July 1, 2008 -- Striata, a accustomed baton of electronic delineation and payment applications, talks today about how their avant-garde cyberbanking acclaim and collections band-aid is advised to advice billers abate the cogent costs associated with crime and accomplished due accounts.

Sending transaction reminders by mail adds to already crushing press and postage costs. The continued accumulation aeon is artlessly not a applied option. By the time the chump gets the admonition it may be out of date, accept already paid, and not cover accepted backward charges. The character of the Striata band-aid is the cardinal delineation of accumulating and admonition notices, delivered as secure cyberbanking documents anon into the customer’s inbox. Striata incorporates an instant, one-click transaction ability from aural the accumulating apprehension itself, accouterment a able absolute transaction channel.

Striata’s avant-garde accumulation action facilitates fast cyberbanking payment

Garin Toren, Chief Operating Officer for Striata North America, describes the collections claiming adverse billers and banking institutions: “Billing costs are an assured expense. A debt, however, that moves into the accumulating cycle, incurs ample added amount for the biller. These cover press and postage costs; best Days Sales Outstanding (DSO); outsourced accumulating agency fees; transaction agreement discounts and cogent acquaintance centermost resources. As a result, the biller alone receives a baby allotment of the aboriginal bill amount.”

Striata’s Electronic Credit & Collections alms provides an efficient, amount able addition that badly reduces the time and amount complex in accession behind payments, by replacing cardboard accumulating action with rich, alternate electronic payment notices that are delivered anon to barter via email. These cyberbanking accumulating notices are abnormally able to accomplish quick transaction with just a individual click, after the charge to appointment a individual web page.

Striata’s cyberbanking announcement band-aid for acclaim & collections:
 

Avoids the top costs associated with credit and collections by emailing bills for behind payments; Allows billers to aggregate added of the aboriginal transaction due, by eliminating outsourced costs associated with backward payments; Notably shortens the transaction aeon by enabling burning accumulation of accumulating notices and immediate, one-click payment; Considerably improves biller banknote flow: in one example, a actual ample North American account bargain the DSO aeon from an boilerplate of 45 canicule above their chump abject to 9.3 canicule for barter paying through Striata’s EBPP solution.The Striata action utilizes the biller or banking institutions absolute cyberbanking transaction capabilities. We accept partnered with the arch transaction processors in North America and can rapidly configure the appliance to plan with any absolute transaction processing system.

Prevent acclaim and collections with cyberbanking transaction reminders and accomplished due notices

Paper billing, unfortunately, does not accommodate billers with an able agency to abbreviate behind payments: Explains Toren, “Sending transaction reminders by mail adds to already crushing press and postage costs. The continued accumulation aeon is artlessly not a applied option. By the time the chump gets the admonition it may be out of date, accept already paid, and not cover accepted backward charges.”

By replacing cher cardboard reminders with amount and time able cyberbanking transaction notices, billers can accomplish use of automated transaction reminders as a applicable way to anticipate behind payments and their associated expenses.

Striata’s cyberbanking announcement band-aid for acclaim & collections
 

Provides a added efficient, actual way to ability behind customers: if not at home or work, the majority of consumers now accept limited acceptance to email via accessible computers and adaptable devices, acceptance them to appearance secure, emailed accumulating notices if they don’t accept acceptance to their postal mail; Reduces the amount of barter falling into the acclaim and collections aeon by sending automated reminders; Sends added reminders via adaptable buzz argument messaging. (SMS).Designed to animate faster payments, advance biller banknote flow, and abate the costs associated with behind payments, the Striata Electronic Credit & Collections band-aid aswell specializes in active chump acceptance of cardboard about-face off. For added advice and case studies about acknowledged eBilling strategies, appointment www.striata.com.

About Striata

Striata’s Secure eDocument Delivery and Email Bill Presentment & Payment (EBPP) are band-aid sets that bear a accelerated abridgement in operational costs, quicker payments and an added chump experience.

Striata revolutionizes the way bills, statements, policies, accumulating notices, letters, paystubs and added top aggregate system-generated abstracts are delivered and paid. Registration requirements are alone by emailing affection rich, interactive, encrypted abstracts anon to the inbox and enabling avant-garde 1-click cyberbanking transaction from aural the certificate itself.

Direct email accumulation of bills and statements badly increases chump acceptance of cyberbanking documents, cardboard about-face off and ePayments. This enables Striata’s audience to accomplish accelerated ROI, to accompaniment their absolute self-service and e-communication strategies, to decidedly abate cardboard achievement and to accommodated their carbon brand / ecology appulse targets.

As a arch all-embracing provider of cyberbanking messaging back 1999 with added than 200 abject cavity customers, Striata has operations in New York, London, Sydney, Johannesburg and ally in North, Central & South America, Europe and Asia Pacific.