1. Symptoms of a Billing and Payment Problem

3. Deliver corporate cost-savings, and

4. Powerful business analysis tools. Billing and payment processes effect your ability to optimize opportunity. This presentation identifies the warning signs of a billing and payment problem and clarifies the cost drivers that suggest the need for a new billing and payment solution.

5. Symptoms of a Billing and Payments Problem. Symptom #1: Your Average Interchange Fees are 2.5% or Higher. Symptom #2: You Cannot Identify or Quantify Your Best Customers. Symptom #3: Your Most Important Accounts are not Centrally-Managed. Symptom #4: You Have Little to No Control Over your Customers’ Sales Experience.

7. Type of merchant at which the card is used, and

8. Volume of transactions that merchant generates.Among the most expensive type of charge card to process is the P-Card, a payment method popular among commercial customers because of its purchasing controls and reporting options. P-Card users drive up your average cost of transaction with little additional benefit to your business. In fact, merchants often cite Interchange fees and merchant service fees as reasons for non-acceptance of P-Cards and other commercial payment cards.

10. Identify trends in purchasing behaviors at the product level, and

11. Map transaction growth over time.If individual stores or independent sales distributors are not Level III data capable, or if transaction data is not filtered to a central database, your company could be missing out on significant incremental sales opportunities.

13. Specific product quantities,

14. Geographic needs, and/or

15. Seasonal purchasing requirements.Without centralized customer transaction data, you may

17. Consolidated billings, and/or

18. Monthly purchasing reports.VIP treatment received from one merchant often cannot be replicated throughout the sales network. Despite your customers’ continued loyalty, their pricing, rewards system or billing benefits may not always be honored. Individual relationships between sales locations and the company may minimize the customers’ actual value to your business.

20. Standardize sales processes,

21. Personalize the customer experience, and

22. Drive incremental revenue.In today’s data-driven business environment, classifying billing and payments as a cost-center could cost your company significant dollars in the long-run.

23. Multi Service. Innovation Where it Matters. Multi Service invoicing specializes in the design, implementation, and management of custom billing and payment solutions. The company collaborates with clients to isolate specific commercial credit and payment issues, identify measurable portfolio growth goals, and design a tailored private label payment solution to optimize customer loyalty. The company’s expertise in business-to-business sales processes assists clients in maximizing the lifetime value of individual commercial accounts and optimizing their overall commercial portfolio. Thank you for your interest in this free presentation. We welcome your comments, feedback, and suggestions. Please consider sending us a note about how this presentation has helped you. Check out the Multi Service Commercial Payments blog at multiservice.com. If would like to contact a private label business development analyst directly, you can call +1-913-451-2400 or email contact-private-label@multiservice.com.