United Water goes live with Striata Email Billing » Striata and Western Union are helping one of the nation's largest investor-owned water services companies to lower billing costs by replacing paper bills with secure electronic document delivery.

Dramatically Faster Electronic Payment

Thanks to overwhelming evidence, billers can now be confident of improved cash flow as a result of bills being paid faster.

Optimizing electronic billing processes can dramatically reduce DSO by cutting the time it takes to get bills to customers and elicit payment. (A companies' Days Sales Outstanding (DSO) figure expresses the average time it takes for customers to pay their bills.)

In today's tough economic environment, reducing the payment cycle by even a single day can influence a company's ability to grow and compete. Reducing it by two thirds would be nothing short of miraculous.

Email bill presentment and payment does just that. Documented results show that email bill presentment and payment is able to reduce the DSO cycle by as much as 70%.

• The cash flow implications
• How fast do bills get paid?
• How email billing reduces DSO