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| Remittance Processing (Lockbox) |
| Problem |
How can a robust remittance program maximize the profit relationship
between me and my customers?
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| CTP Solutions |
A profitable relationship requires an efficient, cost effective system for
processing payments, updating accounts and maximizing cash flow and the availability of funds. A CTP Solutions professional will show you the IRP remittance service that will help you to:
Accelerate Payment Collection: Supporting Internet, telephone and email reply
payments; allowing payers, enrolled or not, to pay bills any time; receiving reliable, on-time payments through Auto-Pay.
Improve Customer Service: Accepting telephone payments using credit cards or
echecks; and automatically reversing disputed or fraudulent transactions.
Integrate Accounts Receivable: Accepting remittance advice directly into the
accounts receivable system; simplifying payments, card discounts and network fees reconciliations; supporting multiple entity and account configurations.
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| Problem |
Can CTP set up a lockbox operation for us?
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| CTP Solutions |
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Absolutely. CTP represents a National Lockbox Network designed to simplify management; reduce administration time; consolidate collections from multiple locations into one account and accelerate receipt and cash availability.
If you choose our Lockbox Service, we'll print the necessary OCR scanning code on your payment envelopes, so they'll be routed directly to your lockbox in the proper location. |
| Problem |
Can CTP's remittance operation enhance the business relationship with my
customers?
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| CTP Solutions |
CTP has built a unique program we call Customer Relation Management or CRM.
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| White Papers |
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| Outsourcing News |
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Business Processing
Success Stories |
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"CTP Solutions, a recognized leader of electronic presentment and payment applications, discusses how their innovative electronic credit and collection solutions are designed to help billers reduce the significant costs associated with delinquency and past due accounts."
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| Read More... |
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