US farm insurance provider Indiana Farm Bureau Insurance has entered a
multi-year agreement with online financial services company Online
Resources Corporation to tap the latter's online bill payment offering.
The leading global provider of financial services technology solutions,
today announced results of a study of Con Edison customers that shows
offering electronic bills through online banking or the company's
website can lead to enhanced cash flow and reduced customer care costs.
Con Edison, a subsidiary of Consolidated Edison, Inc. (NYSE: ED) is one
of the nation's largest investor-owned energy companies and provides
electric, gas and steam service to more than three million customers in
New York City and Westchester County, New York. The study shows that
customers who receive electronic bills (e-bills) via a financial
institution or the Con Edison website are more likely to make on-time
payments, and utilize online self-service rather than costly customer
service calls.
Earlier this year, Paypal introduced a new way to send professional
looking invoices. The new Paypal service reportedly enables you to create
and email professional invoices, accept credit and debit card payments,
record offline payments and track plus manage invoices and payments.
How the fleet management industry is benefiting from secure document delivery
Secure electronic document delivery has proven to be an ideal solution
for B2C organisations with large customer bases. However, more and more
B2B organisations are also reaping the benefits of 'going paperless'.
The fleet management industry is a good example, where one major player
has successfully converted over 15 million paper reports annually to
email through messaging specialist, Striata.
While regulations regarding e-invoicing have been liberalized, problems
still exist for many business owners, reports Gazeta Prawna. Moreover,
although e-documents do not require a signature, there is little
certainty as to which ones will be accepted by the tax office. Tax
authorities suggest that the authenticity of e-invoices can only be
confirmed by way of an audit, the newspaper added.