strategies & benefits of integrating billing and payment channels

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Strategies & Benefits of Integrating Billing and Payment Channels John Goering Kathy Norgaard

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Strategies & Benefits of Integrating Billing and Payment Channels. John Goering Kathy Norgaard. utility regulations. economic pressures. employment. taxation. fuel prices. regulatory pressures. Utility Payment Challenges. Technology Needs. Business Needs. Marketplace/Consumer Needs. - PowerPoint PPT Presentation

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Page 1: Strategies & Benefits of  Integrating Billing and Payment Channels

Strategies & Benefits of Integrating Billing and Payment Channels

John GoeringKathy Norgaard

Page 2: Strategies & Benefits of  Integrating Billing and Payment Channels

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economic pressures

fuel prices

employment

taxation

utility regulations

regulatory pressures

Page 3: Strategies & Benefits of  Integrating Billing and Payment Channels

Utility Payment Challenges

3

Busin

ess N

eeds

Tech

nolo

gy N

eeds

Mar

ketp

lace

/Con

sum

er N

eeds

Page 4: Strategies & Benefits of  Integrating Billing and Payment Channels

Integrating Billing and Payment Channels

• Managing the customer experience• Best practices in managing multiple payment

processes Traditional paper-based Electronic-based Mobile-based

• Pain points to avoid• Reporting considerations

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Page 5: Strategies & Benefits of  Integrating Billing and Payment Channels

• Information across different methods is consistent and shared across all systems

• Customer controls their bill-viewing and payment experience

Truly Integrated Billing Solution

Billing delivered to the end customer via the presentation method they want

ANDthe ability to pay bills via the payment method they want!

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Page 6: Strategies & Benefits of  Integrating Billing and Payment Channels

Truly Integrated Billing Solution

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Page 7: Strategies & Benefits of  Integrating Billing and Payment Channels

Truly Integrated Billing Solution

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Page 8: Strategies & Benefits of  Integrating Billing and Payment Channels

Truly Integrated Billing Solution

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Page 9: Strategies & Benefits of  Integrating Billing and Payment Channels

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Busin

ess N

eeds

Tech

nolo

gy N

eeds

Mar

ketp

lace

/Con

sum

er N

eeds

Truly Integrated Billing Solution

Page 10: Strategies & Benefits of  Integrating Billing and Payment Channels

Next Steps

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• Evaluate and understand the needs and motivators of your customers

• Align integrated solution strategy with customer needs How would you integrate? What are the impacts on the business and end customers?

• Evaluate all options Size and scope of the overall effort

• Complete business case/plan and outline key measurable items

Page 11: Strategies & Benefits of  Integrating Billing and Payment Channels

Q&A Session

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Page 12: Strategies & Benefits of  Integrating Billing and Payment Channels

Kathy Norgaard Sr. Product Manager of Payment SolutionsCDS [email protected]

John Goering Vice President of Solutions EngineeringCDS [email protected]

www.cds-global.com

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