Another "leader", "first", hyerbole intented...
CyberBills Partners With BlueGill Technologies to Enable Electronic Bill Presentment Over the Internet
Move Enables CyberBills to Cut Billers' Processing Costs Through Adoption Of Electronic Billing
SANTA CLARA, Calif., April 6 /PRNewswire/ -- CyberBills, Inc., the first company to offer total bill management over the Internet, and BlueGill Technologies, a leader in Internet bill presentment, today announced that CyberBills(TM) will incorporate BlueGill's technology into its CyberBills service. As a result, CyberBills will be able to receive electronic billing data from billers, enabling them to significantly reduce the costs associated with bill processing.
According to Booz, Allen & Hamilton, U.S. companies spend more than $10 billion each year, or 40 to 60 cents per bill, just for printing and mailing. With Internet billing, a company can reduce those costs to 10 cents per bill, or even less for high volume.
''By incorporating BlueGill's technology into our service, CyberBills can now play a critical role in accelerating the adoption of electronic bill presentment by helping billers drastically reduce the costs of billing their customers,'' said Murali Chirala, president of CyberBills. ''In addition, billers will benefit from being able to build new value-added, electronically enabled features into their billing presentment process.''
''We are excited about CyberBills' approach to the market and are pleased that they have selected BlueGill as their technology partner,'' said Hal Davis, president of BlueGill. ''Billers will be impressed with how quickly and easily they can convert customer documents to an electronic format through the BlueGill-enabled CyberBills Service.''
BlueGill's software product builds personalized, Web-enabled, interactive customer applications from existing mainframe print data streams, allowing companies, such as telcos, utilities, banks and service bureaus, to incorporate legacy applications into Internet-based systems. Unlike other bill presentment systems, BlueGill's technology supports the CyberBills aggregator biller model. In addition to enabling Internet delivery of bills, BlueGill software will enable CyberBills to receive any document that is part of a customer's statement cycle, including mortgage interest statements, brokerage statements, 1099s, and NSF notifications.
CyberBills expects to begin beta testing the new version of the CyberBills service in May 1999, with production following in June 1999.
CyberBills' bill presentment and payment services allow consumers and businesses to access, manage and automate all their bills -- whether paper or electronic -- on the Internet. CyberBills offers its customers a range of service levels based on their monthly usage level and payment patterns. With each service, consumers benefit from total online bill receipt and viewing, customized bill payment capabilities which support manual, automatic and recurring payments, customized billing notification features through e-mail, and full reporting on all their bills and payments.
About BlueGill
Founded in 1996, BlueGill Technologies is an international software development company with solutions that enable companies to transform legacy systems into interactive Web applications for managing customer relationships. BlueGill software is installed today at financial service institutions, telecommunications companies, utilities and service bureaus in North America and Europe. For more information, contact BlueGill at 734-205-4100 or on the Internet at www.bluegill.com.
About CyberBills
Headquartered in Santa Clara, Calif., CyberBills is the first and only company to offer its subscribers 100 percent total bill management over the Internet, regardless of whether bills are electronic or paper. Founded in 1998, CyberBills has rapidly developed methods and technology to support a single interface that allows consumers to view, pay and manage all their bills over the Internet. CyberBills offers its service directly to consumers, as well as to channel partners. For more information about CyberBills, log on to the company's Web site at www.cyberbills.com.
NOTE: CyberBills is a trademark of CyberBills, Inc. All other products and companies mentioned herein may be trademarks of their respective holdings and are hereby recognized.
|
