Why Same-Day ACH will Change the Billing Game
|Published||December 29, 2015|
Kathleen Romano, executive director responsible for payments and bill printing at Verizon, discusses the benefits of Same Day ACH for billing.
In today’s billing world, businesses need a comprehensive strategy to ensure timely, efficient payments, which enables them to manage costs versus cash flow, while also delivering stellar customer service. That effort becomes the playbook that guides the corporate team. Points are earned for keeping payments moving seamlessly and without any pain points.
This is when speed becomes critical. When customers miss payment due dates, they need to pay us within the same day to avoid late fees, or in some cases, disruption of service. Historically, ACH has lacked the necessary speed to make this happen.
|Program / Section||
Same Day ACH