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CHARLOTTE - PayStream Advisors, Inc. announces the release of Payment Without Presentment: Six Solutions to Supercharge Your Consumer Collections Strategy , a research report that profiles leading solutions for Consumer Collections Automation (CCA). In addition to highlighting the growing popularity of electronic payment options that do not involve electronic bill presentment (i.e. payment without presentment), the report provides specific information about vendors and solutions that corporate billing, collections, customer service, and marketing professionals can use to improve their organizations' consumer collections strategies. Payment Without Presentment includes profiles of the following solution providers: Bank One, BillMatrix, EDS, Fort Knox National Company, NCO Group, and Princeton eCom.
"Our research consistently shows that convenience and control drive consumers' choice of payment options," says PayStream Advisors Research Analyst John McCormick. "This has been fueling their migration from paper to electronic payment methods and channels. In fact, 60% of all consumer remittance payments will be electronic by 2008. Three quarters of these payments will not involve electronic bill presentment (EBPP). Payment Without Presentment will help billers exploring CCA to evaluate the merits of various solutions."
PayStream Advisors periodically hosts free Web seminars to educate corporate managers about how financial automation tools can be used to reduce costs, improve efficiency, and enhance service. To find out how you can attend a complimentary Web seminar about this report, please call (704) 523-7357 extension 222 or visit paystreamadvisors.com and click on Corporate Services.
About PayStream Advisors, Inc.
PayStream Advisors is a technology research and consulting firm that improves the way organizations plan, evaluate, and select financial automation technologies to achieve their business objectives. PayStream Advisors assists clients in sorting through the growing complexities of IT applications related to financial automation with the goal of making objective, analytical, and actionable recommendations. Our clients include leading organizations in the financial services, information technology, utility, manufacturing, and public sectors. Wherever financial automation technology is an issue, PayStream Advisors is there to help. For more information, call (704) 523-7357 extension 222 or visit us on the Web at paystreamadvisors.com .
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