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Feb 27, 2013 Presentation Lead by TWI Chris Wease, National Sales Finance and Management Committee’s Billing and Collection System Seminar Trends in Billing & Payment Technology Sponsor: NCAWWA Greensboro, NC

Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

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Page 1: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Feb 27, 2013

Presentation Lead by TWI Chris Wease, National Sales

Finance and Management Committee’s Billing and Collection System

Seminar

Trends in Billing & Payment Technology Sponsor: NCAWWA

Greensboro, NC

Page 2: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Who is TWI?

Over 600 customer implementations

Page 3: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Consolidate Simplify

Save

Page 4: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Billing Household Survey, Fiserv 2013

Page 5: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Recent Headline

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Con-Ed Case Study

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Customer Adoption of Paperless Billing

Page 8: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 9: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 10: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 11: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

IVR/Phone Web Kiosk Mobile Text2Pay

I5

CIS

Typical Architecture Scenario

PP7

EBPP / Auto-Pay

Notify

I4 I1 I2 I3 I6 I7

PP6 PP5 PP4 PP3 PP3 PP2 PP1

Counter Lock Box / Auto-Draft PP8

Page 12: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Consolidate Simplify

Save

Page 13: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

“7 Truths of Customer Usefulness”

Available Easy Fast Up-to-Date

Trust-worthy Informing Valued

Blog Post: The 7 Truths of Customer Usefulness

Page 14: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

The Benefits of Usefulness

Like the Field of Dreams …

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Page 16: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 17: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 18: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”
Page 21: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Call Samples (click to listen)

Main Menu

Account Balance and Payment

Resurgence of Inbound IVR / Phone Payment System

Standard Features Real-time IVR interface with CIS database 24/7 customer self-service access Hear account balances and payment history Pay bills by credit card or eCheck System-Wide Messages Update Customer Phone Numbers Get answers to common questions & FAQ’s Blog Post: What Goes Around Comes Around – IVR / Phone Payments Resurging

Page 22: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Manage multiple notification campaigns Deliver customer-specific messages with data

from your CIS database “Press-2-to-Pay” to enter CIS and make

payment High volume callouts, email alerts, and text

messages Recorded voice or text-to-speech

Benefits: Proactive notifications ensure customers are

informed and satisfied Reduce delinquencies and shutoffs from 30-

70%

Automatically notify thousands of customers in minutes Examples:

Past-due courtesy notices Service interruptions Boil alerts Weather alerts Water restriction notices

Notifications

Call Samples (click to listen)

Past Due Courtesy Call

Boil Water Notice

Blog Post: The importance of proactive outbound communication.

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Bill Mailed Bill Due 2nd Notice Mailing

Late Fee Applied

Next Bill Cycle Mailed

Account Shut-Off

Bill Ready Email

Bill Pay Reminder Email 1

Bill Pay Reminder Email 2

Bill Ready / Last Chance Email

Pre-Late Fee Courtesy Call

Pre-Disconnect Courtesy Call 2

Pre-Disconnect Courtesy Call 1

Be Proactive // But Not a Nuisance

Blog Post: The importance of proactive outbound communication.

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IVR/Phone Web Counter Mobile Text2Pay

Integration Layer

Customer Information System

Develop a Single Point of Integration

Payment Processing

eBilling Notify

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Summation360: The all-in-one billing, payment, and customer communication solution.

one expert vendor

one hosted service

one call issue resolution

one data integration

one payment processor

one price for all services

Page 27: Finance and Management Committee’s Billing and Collection ... · Manage multiple notification campaigns Deliver customer-specific messages with data from your CIS database “Press-2-to-Pay”

Connect with TWI & Summation360

o Billing and payment blog at www.summation360.com/learn

o Social Media Sites: LinkedIn, Twitter, Facebook

o White paper: “12 Essentials for Successful Utility e-Billing/e-Payment Programs”

o Upcoming events: • Southeast Harris Users Group –

April 4-5 in Decatur, AL • Transforming Local Government –

April 10-12 in Atlanta, GA • CS Week – April 29-May 3 in Tampa, FL • GFOA – June 2-5 in San Francisco, CA • Electricities – August 1-3 in Asheville,

NC

Information and Questions Chris Wease National Sales [email protected] 540-951-6462