Oct, 2001 : EDS online bill payment system wins IEC Award
📅 - OpenBill Express, EDS' electronic bill presentment and payment (EBPP) system, was recently announced a winner of the International Engineering Consortium (IEC) InfoVision 2001 Award.
The InfoVision Awards recognize companies for products and services thatbring benefits to the information industry, and to society as a whole.OpenBill Express was launched by EDS last fall as an efficient, yetlow-cost, quick-to-market service to encourage more widespread use ofelectronic billing among companies of all sizes.
Although industry experts estimate EBPP can cut the cost of preparing andpresenting bills by 60 per cent, and reduce payment processing by up to 90per cent, high implementation costs and complexity have been key barriersfor many companies seeking to offer EBPP. OpenBill Express makes e-billingless expensive and more accessible to companies within all industries. Forconsumers, broader use of EBPP means more businesses will be capable ofoffering the convenience of online payment and other customer services.
InfoVision Award winners were chosen from among hundreds of nominees basedon innovation, uniqueness, market impact, customer benefits and value tosociety. OpenBill Express is a winner in the Application Services category.
"The IEC is pleased to honor EDS with an InfoVision 2001 Award for itsexceptional product software and positive impact to the industry," said JohnR. Janowiak, IEC senior director. "OpenBill Express has improved quality ofservice through its innovative new approach to electronic bill presentmentand payment."
The International Engineering Consortium (IEC) is a nonprofit organizationdedicated to catalyzing positive change in the information industry and itsuniversity communities. Since 1944, the Consortium has provided high-qualityeducational opportunities for industry professionals, academics, andstudents. The IEC conducts industry-university programs that havesubstantial impact on curricula. It also conducts research and developspublications, conferences, and technological exhibits that address majoropportunities and challenges of the information age.
EDS will be recognized for its accomplishment at the InfoAwards 2001 Awardspresentation scheduled next week in Chicago, where the company will receivethe prestigious InfoVision Award plaque.
"The innovative capabilities of OpenBill Express help fuel the adoption ofEBPP by both corporations and consumers alike," said Rory Ragsdale, productmanager for EDS' Interactive Billing Solutions group. "We set out to makeEBPP less expensive, quicker to implement, and more secure than it has everbeen, and by accomplishing that goal, we will further the success of anindustry that will truly benefit society as a whole."
The InfoVision Awards recognize companies for products and services thatbring benefits to the information industry, and to society as a whole.OpenBill Express was launched by EDS last fall as an efficient, yetlow-cost, quick-to-market service to encourage more widespread use ofelectronic billing among companies of all sizes.
Although industry experts estimate EBPP can cut the cost of preparing andpresenting bills by 60 per cent, and reduce payment processing by up to 90per cent, high implementation costs and complexity have been key barriersfor many companies seeking to offer EBPP. OpenBill Express makes e-billingless expensive and more accessible to companies within all industries. Forconsumers, broader use of EBPP means more businesses will be capable ofoffering the convenience of online payment and other customer services.
InfoVision Award winners were chosen from among hundreds of nominees basedon innovation, uniqueness, market impact, customer benefits and value tosociety. OpenBill Express is a winner in the Application Services category.
"The IEC is pleased to honor EDS with an InfoVision 2001 Award for itsexceptional product software and positive impact to the industry," said JohnR. Janowiak, IEC senior director. "OpenBill Express has improved quality ofservice through its innovative new approach to electronic bill presentmentand payment."
The International Engineering Consortium (IEC) is a nonprofit organizationdedicated to catalyzing positive change in the information industry and itsuniversity communities. Since 1944, the Consortium has provided high-qualityeducational opportunities for industry professionals, academics, andstudents. The IEC conducts industry-university programs that havesubstantial impact on curricula. It also conducts research and developspublications, conferences, and technological exhibits that address majoropportunities and challenges of the information age.
EDS will be recognized for its accomplishment at the InfoAwards 2001 Awardspresentation scheduled next week in Chicago, where the company will receivethe prestigious InfoVision Award plaque.
"The innovative capabilities of OpenBill Express help fuel the adoption ofEBPP by both corporations and consumers alike," said Rory Ragsdale, productmanager for EDS' Interactive Billing Solutions group. "We set out to makeEBPP less expensive, quicker to implement, and more secure than it has everbeen, and by accomplishing that goal, we will further the success of anindustry that will truly benefit society as a whole."
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