SOURCE: Regulus Group

July 16, 2007 09:17 ET

Regulus Group to Present at the Global Concepts Receivables Strategy Forum

Senior Vice President Sandra Williams to Educate Audience on the Benefits of Receivables Outsourcing

NAPA, CA--(Marketwire - July 16, 2007) - Sandra Williams, Senior Vice President of Regulus, the nation's largest independent provider of paper and electronic-based bill presentment and processing solutions, will give a presentation entitled "Making the Most of the Outsourcing Option" at the Global Concepts Receivables Strategy Forum on July 16 in Portland, Ore. Ms. Williams will discuss the changes that have affected receivables processing within the past few years, including the rise of electronic payments and increased regulatory oversight.

For the first time ever, online households are paying a majority of bills electronically, according to a recent survey conducted by Harris Interactive and the Marketing Workshop. In addition, 69 percent of all households now complete at least one electronic payment per month. Regulus' Transactions2 (T2) suite of electronic products provides companies in the finance, healthcare, telecom and utility industries with much greater control and visibility over their billing and remittance processes.

T2 provides customers with a centralized, secure online database that makes the entire process transparent, from the sending of an invoice to the receipt of a payment. Customers use this database, which is fully customized to their individual needs, to quickly and securely view customer transaction records. Whether an end-user chooses to pay via print or electronic means, his or her payment will be easily accessible through every step of the payment process. Most problems can be identified and averted before they happen, saving time, money and aggravation.

Best-in-class outsourced remittance providers, particularly those like Regulus with transaction automation tools optimized for hybrid payment environments, offer effective solutions for integrating disparate remittance data. While companies can develop in-house solutions, receiving e-payment data from multiple consolidators and payment processors in a single custom format can prove to be prohibitively expensive. Integration of ARC and Check 21 transactions can be particularly challenging and may require significant IT and security compliance resources.

Formerly known as the Payments Forum, the Global Concepts Receivables Strategy Forum takes a holistic view of receivables. The goal of the event is to provide industry-leading research, case studies and networking opportunities in an environment conducive to candid discussion. Forum members share strategies for improving receivables processing and implementing new technologies, as they learn from others' pitfalls, debate the merits of emergent technologies and discuss industry issues.

"The opportunity to speak to my peers about critical industry trends is a privilege," said Ms. Williams. "Our industry is changing rapidly and successful companies must work hard to stay ahead of the curve. Global Concepts and its members are strongly committed to achieving best-in-class performance."

About Regulus

Founded in 1995, Regulus is the largest independent payment processor in the United States, servicing nearly two billion paper and electronic transactions every year for Fortune 500 customers. Regulus delivers an end-to-end solution, starting from release of the customer's billing file for invoicing, through the posting of the associated paper or electronic payment, to support of customer care and collections. By leveraging data from the total payment cycle, Regulus is able to offer value-added services that provide measurable process efficiencies. The company is headquartered in Napa, California, and has offices nationwide. For more information, visit the company's web site at www.regulusgroup.com.

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