As more and more Americans move their banking online and embracing Electronic Bill
Presentment and Payment, EBPP has become the solution of choice for many companies
executing invoicing and collections functions.
DIVDAT was on the forefront of this emerging technology, long before many in the
industry were embracing the transition from paper to Web. DIVDAT's EBPP solution,
"billOnlineTM," is an Internet-based billing
option that offers substantial savings in printing and postage costs, while improving
cash flow and customer satisfaction.
With billOnlineTM, DIVDAT notifies your customers
of new invoices through an e-mail message and then directs them to a "biller-direct"
(e.g., exclusive) or an "aggregate" (e.g., shared) Web site to remit payment.
The system accepts invoice payments over the Internet via a major credit card or
bank transfer (ACH) and provides the transaction information to your accounts receivable
system.
In addition, billOnlineTM archives current and
past invoices for immediate access by your company's customer service representatives
to enable fast resolution of billing issues and questions.