PCI DSS Compliance - Tokenisation Solutions Executive Breakfast Sydney 26th May , 2011

"Overall very good" - Ausgrid

"Very Informative, relative to current market conditions" - AON

"Very useful" - Gen-i

"Very beneficial, with practical examples and useful insights" - Dimension Data

 

PBL Trader Classifieds ring in the savings

Trader Classifieds is the classified advertising arm of the leading Australian media and entertainment company Nine Entertainment Co. They publish in excess of 20 titles in Australia, including iconic mastheads like Unique Cars, Trade-a-boat, Motorcycle Trader, Deals on Wheels and Caravan World - all market leading products that are highly respected in their individual fields. With reach and distribution such as this they needed an ebilling solution that thought outside the square and they found it.

• Postage savings of 85% ($15k down to $2.2) – per month
• Outstandings as a percentage of total revenues down from 10% to 1%
• Onhold customers down from 50/month to 5/month
• Cash flow up 43%
• DSO‟s from 87 to 45
• Customer satisfaction up, i.e. complaints from 300/month to 10/month
• Administration calls in from 500/month to 100/month
• Write offs reduced from $50K/month to $10K per month
• Accounts un-reconciled dropped from 100/month to 2/month
• Reconciliations was taking 30 days, now max 4 days
• Bad debt collection costs dropped from $5K/month down to a few hundred

Circa 1 million dollars worth of savings generated per annum

20th Century Fox make cash flow
This leading entertainment organisation was looking for a solution that would improve their cash flow and help make their processes more efficient and effective. They found their answer in Statement & Invoice, Presentment & Payment (SIPP)

• Improved customer service
• Improved cash flow DSO benefit of 11.2 days
• Improved staff productivity
• Reduced costs (support, administration & reconciliation)
• Service live within 10 weeks v 6 months for the bank product

Additional $42 million in cash flow within the first year

 

Making life easy for The Peninsula School
As the accountant for Peninsula School, Rod Faye explains, “I was delighted with the speed and professionalism of IP solutions installation of our new credit card receipting system. I was also surprised at the low cost of installation and ongoing transaction fees. We use CDA synergetic software and have traditionally manually processed credit card receipts through our card terminal and then again through the financial software to update our debtors ledger.

The service provided by IP Solutions allows the family to pay via telephone or internet, have real time approval and in cases where our own staff process the payment an email confirmation of receipt.  A file is generated overnight and sent via email to our accounts office, where it is then uploaded directly to Synergetic.

The benefits we experienced were immediate:

• An increase of 25% in collection rates compared to this time last year,
• A reduction of manual processing time of card payments (estimated this billing saved three days processing time over the 14-day period),
• Easy to use admin portal to provide us with real time daily reports,
• Seamless interface with CDA debtors module.

We have found the entire experience to be very positive and I would have no hesitation in recommending IP Solutions to any other school or any business that deals in high volume debtors receipts”

 

Why not make the call today to find out how we can help your organisation. Just Contact Us

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IP Solutions International is a specialist ecommerce provider of customised corporate payment, billing and receivables solutions. Professional services address PCI DSS Compliance, Electronic Billing and Receivables, Education Sector, E2E eCommerce Consultancy and Customized eCommerce Solutions.