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Leveraging Technology to Achieve Operational Excellence

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Presentation on theme: "Leveraging Technology to Achieve Operational Excellence"— Presentation transcript:

1 Leveraging Technology to Achieve Operational Excellence
Presented by: Brian Grillo – Regional Sales Director, Paymentus Corporation Vernon Bracey– Vice President, York Water Company Utility Payment Conference – September 15, 2016

2 Mobile Tipping Point Internet Search Volumes (in billions) Last year, Google announced that U.S. search volumes for mobile surpassed PC search volumes for the first time.

3 53% in 2014 8% in 2011 Email Open Rates 1/17/2019
Litmus - Analytics; Jan 2015

4 Mobile Bill-Pay reaches New Users!
1/17/2019 An estimated 40% of U.S. mobile users go online mostly through their phones. Source: Pew Internet Research Mobile Bill-Pay reaches New Users!

5 Millennials: Largest demographic in today’s workforce
32% don’t read their bills before paying them 46% have no formal system to remember to pay their bills on-time 85% access their using a smartphone

6 Unified EBPP Platform E-bill via multiple channels Customer Portal
One-time payment Mobile App Secure PDF Text to Pay Credit Debit E-Check/ACH IVR Web Mobile Text Kiosk In-person CSR-assisted Customers are able to: View account usage information View bill history Make a one-time payment Schedule recurring payments Receive important notices Efficiently notify customers of service and critical business updates via: SMS text IVR Real-time snapshot of revenue received by channel, payment method, day/time, that demonstrate demographic trends to support management initiatives

7 Partnership Solution Provider Utility
Leading provider of e-Billing and e-Payment solutions for billing organizations in North America Founded in 2004 Headquartered in Charlotte, NC 1,000+ clients (greater than utilities) Utility Publicly traded (NASDQ) regulated utility providing high-quality water, wastewater and related services Founded in 1816; oldest investor owned utility in the nation Headquartered in York, PA Operates entirely within its franchised territory, which covers 48 municipalities within York and Adams Counties, Pennsylvania.

8 Key Partnership Requirements
York Water was looking for a proven e-Billing and e- Payment partner who could deliver: 100% SaaS Solution Fully unified platform, no custom code No 3rd party technological or IVR dependencies PCI DSS Level I Compliant 0% Downtime within past five (5) years Ability to implement within 90 Business days or less Integrated outbound communication solution 24/7 Customer Support

9 Partnership Summary Since 2009, York Water has implemented the following solutions: Adaptive Mobile Web Channel Enhanced Enrolled Customer Portal Responsive One-time Payment Portal Agent Dashboard Electronic Bill Presentment (e-Bill) Automated Phone Payment/IVR Channel Enterprise Communication Manager (ECM) Agent-assisted Payment Channel Encrypted Card Swipe Payment Channel

10 Impact Before After Manual payment posting to CIS & Billing System
Manual reconciliation and settlement process Manual Reporting 3rd party dependency for payment research Limited payment options Automated reconciliation and settlement 24/7Accessiblity to real-time reporting for Payment Details, Payment Posting, Deposits and Returns Accelerated speed to pay Mobile Web, Enrolled Web, Quick Pay Web and Phone

11 What York Water Did Gave Customers More Ways to Pay Improved Usability
For Customers For York Water Personnel Consolidated payment reconciliation Introduced Business Automation

12 1/17/2019 What York Water Did 1. More Ways to Pay

13 1/17/2019 What York Water Did 2. Improved Usability - Embraced Responsive Technology

14 What York Water Did 3. Improved Usability – 24/7 Business Intelligence
1/17/2019 What York Water Did 3. Improved Usability – 24/7 Business Intelligence

15 Results volume Processed Through Omni-Channel Platform
Up 63% in 24 months

16 Results Amount Processed Through Omni-Channel Platform
Up 67% in 24 months 2015 2014 2013

17 Mobile Versatility Omni-channel mobile is best the way to reach a diverse mobile audience.

18 Mobile Versatility Pay-by-Text 4 out of 5 adults use text messaging!
The fastest way to go paperless Review balances and pay w/o ever opening an envelope or going online Great for Millennials Pay-by-Text Pay-by- mobileWEB 4 out of 5 adults use text messaging! mobileAPP

19 Mobile Versatility Pay-by-Email 53% of eMail is now opened on mobile!
“push” eBilling w/ interactive PDFs Customers pay directly from their inbox Available on any connected device Pay-by-Text Pay-by- mobileWEB 53% of is now opened on mobile! mobileAPP

20 Mobile Versatility mobileWEB
A consistent experience on any size screen Laptop Tablet Smartphone No need to download an app Pay-by-Text Pay-by- mobileWEB mobileAPP

21 Mobile Versatility mobileAPP Convenient downloadable bill-pay app
Available on iOS and Android platforms Level 1 PCI Certified Pay-by-Text Pay-by- mobileWEB mobileAPP

22 Thank You! Brian Grillo – Regional Sales Director, Paymentus Corporation (860) Vernon Bracey, Vice President, York Water Company (717) Utility Payment Conference – September 15, 2016


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