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RevSpring acquires BestBill

For Immediate Release
Summary – RevSpring acquires BestBill to expand its industry leading, consumer-centric communication platform.

RevSpring Acquires BestBill
Wixom, Mich., (September 17, 2012) – RevSpring is pleased to announce the acquisition of BestBill, a Phoenix-based innovative billing and payment technology provider. BestBill was recognized by Inc. Magazine in 2012 as one of the fastest-growing private companies for the fifth year.

“Enhancing RevSpring’s market-leading product line with BestBill’s innovative solutions creates a powerful, comprehensive solution for our customers’ communication and payment needs. BestBill’s location also expands RevSpring’s geographic presence in the growing western region. Our combined customers will benefit from the broader product line and the national geographic footprint,” said Tim Schriner, president and chief executive officer of RevSpring.

BestBill has been widely recognized for its award-winning culture and customer service as well as its innovative billing and payment solutions such as online debt negotiation, interactive voice response, text payment service and more. These tools enable RevSpring clients to address consumer’s ever-changing needs, especially as more consumers transition to electronic communication channels and online payment platforms. Using RevSpring’s technology, clients can accommodate consumer preferences — resulting in accelerated payments and revenue.

“BestBill and RevSpring share core values, similar business philosophies, and work culture,” said Dan Haugland, BestBill founder and chief executive officer. “BestBill has brought to market exciting and innovative technology solutions that have helped companies overcome billing and payment collection hurdles. We are excited to see the marrying of our technology and ideas with RevSpring’s strategic vision and scale to produce an unbeatable solution for the account receivables management and healthcare markets.”

About RevSpring
RevSpring was formed by the merger of DANTOM Systems, PSC Info Group and Data Image. Its core service offerings include data hygiene and analytics, secure document creation and delivery, multi-channel communications, electronic billing and archival services and online payment tools, all while ensuring compliance with regulatory guidelines.

RevSpring facilitates over one billion customer interactions annually. It serves a large and diverse customer base across the receivables management, healthcare, financial services, home services and other end-markets.

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Contact:
Tim Schriner
 RevSpring
248.567.7300
tschriner@dantomsystems.com

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QR Codes Enable Faster Payment by Smartphone

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Visit us at HFMA ANI 2012 you could win $200

Come visit us at booth #855 at HFMA ANI 2012 and use the QR Code at the booth to enter a drawing to win a $200 Gift Card.  

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PSC Info Group Expands PAYMENTExpress Suite, Now Featuring Automated, Personalized Online Payment Solution to Deliver Faster Payments and Reduced A/R

PSC Info Group, a national provider of innovative, technology-enabled solutions and proven revenue acceleration tools to streamline the collection of consumer paymentstoday introduced a personalized online payment solution as part of its PAYMENTExpress service. The new product accelerates payments and increases collections by utilizing personalized, pre-populated payment websites. Studies have shown that more than 350 percent more payments are made with such personalized tools compared to other web-based payment systems.

 

According to Joe Greco, CEO of PSC Info Group, “The key to our new capability is packaging and distributing a consumer communication, which contains a personalized URL linking consumers directly to their own customized website. Each site is pre-populated with the consumer’s own account and payment information, creating intrigue, convenience and action. In addition, by taking payments online, PSC clients can automate the labor-intensive posting of payments, improving operational efficiencies and accelerating revenue. Automating this process will improve internal security and eliminate human error associated with manual processing.”

 

The PAYMENTExpress personalized online payment solution enables users to customize the look of the personalized websites and the payment parameters for each client. The pre-populated websites are easy to use, and average payments are made less than 13 days from the day statements are received. “Experience has shown that 78 percent of end users that log onto such a personalized solution will make a payment – and can do so in less than 60 seconds,” said Greco. Additionally, consumers can easily update their demographic information directly through the website.

 

The PAYMENTExpress personalized online tool integrates with the client’s existing account, further increasing efficiencies and reducing time-consuming manual payment processing. Funds can be deposited directly through the client’s existing merchant account – or, if the client prefers, through another merchant processor – to speed the receipt of funds. In addition, processing payments online reduces call center costs associated with payment by phone. The personalized solution also enables clients to promote their brand and advertise their service lines to their customers.

 

For more information on the PAYMENTExpress personalized online payment solution, please contact Mark Snow, PSC’s chief marketing officer, at 610-650-3955 or msnow@pscinfogroup.com.


About PSC Info Group

Headquartered in Valley Forge, Pa., and with additional processing facilities in Reno, Nev., PSC Info Group (www.pscinfogroup.com) is a national provider of technology-enabled, integrated multi-channel customer communication solutions that facilitate billing, payments and revenue acceleration. With 30 years of experience, PSC provides a broad range of dynamic information and document distribution services including web delivery, email notification, SMS messaging, automated telephony and highly personalized printing and mailing capabilities that enable clients to increase their cash flow, reduce administrative costs and improve their customers’ experience.

Telephone Consumer Protection Act Cases Soar In March s Second Half

Telephone Consumer Protection Act lawsuits soared in the second half of March - to 64 compared with 41 between March 1-15 and 14 in the year-ago period. WebRecon LLC, a Grand Rapids, Mich.-based company, tracks the data from U.S. District Courts.

PSC Info Group Attains SSAE 16 II

PSC Info Group has achieved yet another level of compliance with its first Statement on Standards for Attestation Engagements No. 16 (SSAE 16) Type II. Awarded by the American Institute of Certified Public Accountants, SSAE 16 Type II is a critical evaluation of a company’s procedures and processes to ascertain their effectiveness and to test them over an extended period to ensure that defined procedures are actually performed and are effective.

A news release can be viewed here.

For Health Care Professionals: Mark Snow, CMO of PSC Info Group, shares some insights into how you you can improve your collections and reduce your bad debt.

PSC Info Incorporates QR Codes into Billing Statements and Invoices for Accelerated Payments

PSC Info Group has incorporated quick response codes into the billing statements, invoices, and letters that it produces for its clients in order to accelerate the consumer payment process. The QR codes, when scanned using a smartphone, would take consumers to an online payments portal or even to a special URL that’s designed for each customer.