SOURCE: NWP Services Corporation

August 11, 2008 09:05 ET

NWP Services Corporation Voted a Top Provider by Multi-Housing News' Readers

Company Receives 2008 Technology Choice Award in Utility Management Category

IRVINE, CA--(Marketwire - August 11, 2008) - NWP Services Corporation (NWP), the leading provider of financial transaction processing solutions for the multifamily housing industry, today announced that the company has received top honors from Multi-Housing News, whose readers voted NWP as a 2008 Technology Choice Award Winner in Utility Management for a second consecutive year.

"We are honored to be selected as a Technology Choice Award recipient in the Utility Management category again in 2008," said Michael D. Radice, CEO and president of NWP. "We appreciate this recognition of our achievements on behalf of our customers and applaud Multi-Housing News' efforts in building these awards into an industry standard of recognition and a valuable service for its readers."

Multi-Housing News reaches over 85,000 readers each month, providing chief executives and industry professionals with current and comprehensive information to help them run more efficient and profitable businesses.

NWP's nationally recognized and award-winning utility management program, UtilityPay Manager, sets the standard for utility management services in the multifamily housing industry. For more information about how owners and operators can discover the value and benefits of a full-scale utility management program please visit www.nwpsc.com.

About NWP Services Corporation:

Headquartered in Irvine, California, NWP Services Corporation (NWP) serves the multifamily housing industry as its leading financial transaction processing provider. NWP is known for its industry expertise delivering proven results and exceptional quality in resident billing, resident payment processing and utility management.

Resident billing by NWP helps property owners offset their utility expenses. The company's utility cost recovery team allocates utility charges to residents and prints and sends the bill; NWP's billing options now include convergent-or "rent-inclusive"-billing through its Resident OneBill service. Complementing its billing services, the company's electronic resident payment processing service, called Resident ePay, enables residents to pay their rent, utilities and other monthly charges online or at the rental office with funds transferred to the property's bank account electronically. Resident ePay gives residents convenience and choice and enables owners to access cash faster. In addition, with its UtilityPay Manager program, NWP processes and pays invoices sent to customers' properties by utility companies. UtilityPay Manager helps customers reduce time spent on administrative bill payment work and provides them with valuable utility data and additional cost management opportunities, including recovering expenses from residents when they fail to transfer utilities into their own name.

NWP's offerings are available as individual services or as a fully integrated solution and are designed to accelerate the financial performance of our customers, allowing them to recover and reduce operating costs, create operational efficiencies, improve NOI and FFO and boost resident satisfaction. Additional information is available at www.nwpsc.com.

Contact Information

  • Contact for NWP Services Corporation:
    David Collins
    949-253-2589
    Email Contact