RealTime IT News

New EPBB Site Launches

Output Technology Solutions, a provider of bill and statement processing solutions, launched YourAccounts.Com, focused on recurring customer interactions, including electronic bill presentment and payment (EBPP) and statement presentment.

The B-to-B operation debuted with two new product families: e.bill.anywhere, for delivering electronic billing presentment and payment solutions (EBPP) for the financial services, communications, cable TV and utilities industries; and informa, a suite of products for delivering e-statements and other electronic communications to mutual fund and brokerage investors.

The operation already has electronic billing deployments under way at major customer sites including Cellular One, MCI WorldCom and Time-Warner.

John Korvin, an industry veteran with more than 20 years of experience at Xerox and Computer Sciences Corp. has been named president of the new division.

"Our mission at YourAccounts.Com is to enhance customer communications via the Internet," said Korvin

"Our unmatched expertise in billing and statement processes, combined with our Internet experience implementing systems for major customers enables us to offer a unique solution. As the Web becomes the de facto standard for billing, statements and interacting with customers, we believe we can play a leadership role."

YourAccounts.Com said it plays the role of independent broker, not only processing data but also representing the biller's interests with key consolidators and portals.

This approach enables billers to interact with customers via the Internet anywhere, anytime, the company said.

The e.bill.anywhere product consists of three hosted bill payment and presentment products -- anywhere.direct, anywhere.consolidator and anywhere.B2B.

anywhere.direct enables billers to present bills to consumers and accept payments from their own Web site using YourAccounts.Com's hosting services.

anywhere.consolidator provides all the features of anywhere direct plus secure routing and transmission to multiple consolidators, currently supporting Bank of America, CheckFree and Transpoint. anywhere.B2B provides secure Web-based access to billing information for large account customers.

Solutions also are being offered for the financial services industry's needs in communicating with customers, including electronic presentment of statements, trading confirmations and tax forms.

The e.bill.anywhere product line is available now. The statement presentment product is scheduled for availability in the first quarter of next year.