2 Why Nelnet?
3 Nelnet Business Solutions Overview 770 institutions; 27 years of processing payments Security / compliance Comprehensive suite of services
4 Institution Overview RVP provided information regarding school specifics (this is an optional slide)
5 Why Payment Plans?
6 Student Benefits Secure, online enrollment Flexible payment options based on school needs 24/7 customer support Low cost Mobile friendly and text reminders
7 Student retention Hands-on Agreement Management Excellent collections success Decreased receivables Fast funding turn-around Reporting Compliance with PCI, NACHA, and others Security Institution Benefits
8 Support Dedicated team 24/7 customer support Technical support
9 Integration Single Sign-On (SSO) –Pass-through from ERP Balance compare –Upload of changes –Real-time query End Of Day file transfers –Agreement – all agreement activity –Transactions – all payment activity
10 Integration Real-Time Account Activity (RTAA) –Current account activity –Eligibility Real-Time Agreement Notification (RTAN) –Placing and removing payment plans flags –Balance adjustment updates Real-Time Payment Notification (RTPN) –Transactions such as charges, credits and payments
11 Demo
12 Next Steps Partnership Package –Contract –Merchant application –Bank letter –FAQ’s –Technical overview Scoping call Implementation process
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14 Contacts RVP name, Regional Vice President RVP RVP phone If applicable, name, Product Consultant Phone