FOR IMMEDIATE RELEASE
WINTERVILLE, NC: ONLINE Information Services, Inc. announced today the successful integration of its premier bad-debt elimination tool, the ONLINE Utility Exchange, with TruePoint Solutions’ TrueBill™ platform. This integration will allow TrueBill users to eliminate bad debt during the application process and recover delinquent accounts with ONLINE’s industry-leading collection services.
Through its partnership with ONLINE, TruePoint Solutions now offers an integrated real-time credit risk assessment and Red Flag compliance tool to their users. The ONLINE Utility Exchange will utilize application data entered in TrueBillTM to verify the applicant’s identity, return an accurate deposit amount according to the Utility’s policies, and highlight unpaid utility bills and disconnects from ONLINE’s unique national Utility Exchange database and other national sources.
Data export capabilities within TrueBill will allow customers to refer collection accounts and send payment information to ONLINE automatically, helping to track customers who do not pay their bills from utility to utility through ONLINE’s national Utility Exchange database. Benefits of this enhancement include timeliness of reporting and secure data transmission.
About the ONLINE Utility Exchange
Established in 1956 as a credit bureau and collections agency, ONLINE Information Services, Inc. is currently the nation's leading developer of risk management and debt recovery solutions for the Utility, Property Management, Healthcare, and Mortgage industries. Servicing Utilities throughout the nation, the ONLINE Utility Exchange is a utility-specific credit bureau with the single goal of providing the tools necessary to eliminate bad debt. For more information, visit www.ONLINEUtilityExchange.com or contact: