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C h a p t e r 1 3 : h a p t e r 1 3 : G r e e n i n g Yo u r I n f o r m a t i o n S y s t e m s r e e n i n g Yo u r I n f o r m a t i o n S y s t e m s 263
Someone has Someone has Someone has The customer
to create the bill. to stuff the to mail the bill. has to open and
bill in an envelope. pay the bill.
The bill has The bill has to The customer has
to be processed. be opened. to resend the bill.
FIGURE 13-2 Conventional billing adds time and expense to your organization.
It costs between US$0.75 and US$2 for each document to be generated and mailed. If
a paper check is eliminated, another $1.25 is saved. You also see a benefit from the elimination
of inbound and outbound float. Electronic funds transfers offer next-day availability of funds.
Autoscribe (Link 13-4), ACHWorks (Link 13-5), and InterceptEFT (Link 13-6) are
companies that offer online payment services. Figure 13-3 shows an example of the
ACHWorks web interface.
FIGURE 13-3 ACHWorks is one of many companies that allow you to set up online billing and payment PART V
processing.

