WHITE PAPER
In April 2006, RC
Communications published the white paper, “Best
Practices in Billing Communications: Increasing
Collections, Reducing Costs and Improving
Communications through Enhanced Billing Services”
is a white paper that offers an overview of best practices
in paper and electronic billing and payment and the
results that could be obtained by implementing them.
Using the billing practices of leading financial
services and utilities companies as a guide, the
white paper demonstrates how to apply these
state-of-the-art techniques in an organization to
increase collections rates, reduce costs, and
improve customer satisfaction. Primary research
findings reveal the attitudes and usage preferences
of payers when these new paper and electronic
billing approaches are implemented. Secondary
research findings from some of today’s top billers
provide the basis of recommendations utilizing the
latest in electronic bill presentment and payment
techniques.
The white paper is the first of its
kind to present a comprehensive
study of paper and electronic
billing and payment services for
higher education institutions, and
is a must-read for all
administrators of higher education
tuition management services.