NEW YORK, NY, Mar. 23, 2009 -- In mid 2008, The City of Tallahassee, Florida, chose Striata, the leading North American provider of email bill presentment & payment (EBPP) to significantly enhance their electronic communication initiatives.
The City of Tallahassee Utilities, a locally owned municipal utility, launched a successful customer awareness program to collect email addresses for a full roll-out in November. After just five months, Striata's adoption strategies have assisted the utility company to turn off 7% of its total paper bills.
Keeping the focus on gathering email addresses from new and existing customers will ensure that the City of Tallahassee Utilities matches or exceeds the average paper turn-off rate of 15% per year for Striata's clients (5 times the industry average).
"Our customers have been asking us for electronic billing, as well as a no-fee electronic payment option and the Striata SmartBill is a great solution," said Reese Goad, Director of Utility Business and Customer Services. "The SmartBill is part of our overall e+ initiative to provide programs, easy to use tools, technology and information to our customers and community, helping them save energy, water and money as well as help preserve our environment."
The City of Tallahassee Utilities' SmartBill is an electronic (paperless) billing option that is offered to all utility customers who can opt-in to this time and money saving, environmentally responsible alternative for their monthly utility statement. Inside the SmartBill, Striata BillPay - a unique no fee electronic check payment solution powered by Western Union Payment Services - allows customers to pay their utility bill with just one click. Payment takes place directly from within the email bill itself, without customers having to click through or login to any website.
When customers sign up for the SmartBill, they receive their monthly utility bill directly into their email inbox as a fully personalized email with a secure attachment. The SmartBill includes a summary of charges, the actual utility statement (an exact replica of the paper bill) and additional information that can help customers save energy, water and money.
"Utilities are ideally suited to Striata's solution set and adoption methodologies," says Garin Toren, Striata Chief Operating Officer. "Hard cost take -- out, such as eliminating printing, envelopes, postage and bill stuffers, offers a perfect opportunity for utilities and other industries to dramatically reduce operating expenses at this critical time in our economy, while actually enhancing the customer experience. It truly is an exceptional prospect."
Get Smart, Go Paperless
• The SmartBill saves time and money for customers.
• The SmartBill offers a secure, no-cost, scheduled (or one-time) electronic payment option.
• The SmartBill is smart because everything the City of Tallahassee and its customers do to reduce waste, save energy and conserve water is an investment in the community, now and in the future.
• The cost of postage, envelopes and other supplies to deliver a utility bill is approximately 42 cents per paper bill. The cost of sending the same bill electronically is about 11 cents. So, for every 10,000 customers enrolled, costs will be reduced by more than $35,000 per year.
Striata's Secure eDocument Delivery and Email Bill Presentment & Payment (EBPP) are solution sets that deliver a rapid reduction in operational costs, quicker payments and an enhanced customer experience.
Striata revolutionizes the way bills, statements, policies, collection notices, letters, paystubs and other high volume system-generated documents are delivered and paid. Registration requirements are eliminated by emailing feature rich, interactive, encrypted documents directly to the inbox and enabling innovative 1-click electronic payment from within the document itself. Direct email delivery of bills and statements dramatically increases customer adoption of electronic documents, paper turn off and ePayments. This enables Striata's clients to achieve rapid ROI; complement their existing self-service and e-communication strategies; significantly reduce paper output and to meet their carbon footprint/environmental impact targets.
###
