Path to Paperless billing has proven to reduce institution costs and dramatically improve cash flow. We have taken many institutions to a completely paperless billing model. Others have utilized our billing approach to reach eBill adoption rates of 80-90%. We provide an event-triggered notification when a new bill is available for viewing and payment to both the student and all of their authorized payers. Our proven approach to helping our institution partners save money is greatly enhanced when ebilling and epayment are combined.
Path to Paperless billing is a unique combination of policy, process, service, and communication combined to reduce costs, improve efficiency, and enhance student services at colleges and universities. NBS supports you through all four steps to achieve your financial and service level goals. Our system supports a consolidated electronic view of the bill, both summary and detail views including minimum amount due and balance due, as well as PDF, which is an exact replica of the institution's bill with a lockbox-readable OCR or MICR scanline. Our system stores both statement and payment history and makes it available to the student, their authorized payers, and your staff.