For Billhighway, It's "All for One, One for All" at Cards & Payments USA 2012 Billhighway presentation highlights business benefits of standardizing payments, accounting for nonprofit organization
TROY, Mich., Oct. 4, 2012 /PRNewswire/ -- Billhighway, foremost provider of cloud-based accounting solutions for nonprofit organizations, is presenting at the 2012 Cards & Payments USA conference set for October 18-19, 2012 at Harrah's Las Vegas. The Billhighway presentation takes place at 11:30 a.m. on day one of the event.
Cards & Payments USA is a senior-level conference for banks, retailers, academia and other organizations to discover technologies that revolutionize their business.
Stacy Gillard, Director of Special Projects of the national headquarters of Delta Delta Delta (Tri Delta) women's social and service fraternity, and Vincent Thomas, Founder and CEO of Billhighway, will present a case study entitled "All for One and One for All: Creating a Central Payment System for a National Organization." The presentation shares the many business benefits of standardizing financial management, accounting, payment processing and other functions onto one technology platform.
Notes Thomas, "There's a powerful story to tell here. Tri Delta is a leader among nonprofit organizations through its passion for service and visionary thinking. The new financial management processes, now standardized through 138 chapters across the country, allow Tri Delta to better track funds raised for its core mission. The organization preserves resources for what truly matters – mission-driven activities and services."
Since implementing the Billhighway payments and accounting solution, Tri Delta increased its revenue by 49 percent, increased cash flow by almost 140 percent and most dramatically, experienced an average collections percentage rate of 104 percent. This represents 100 percent accurate, on-time collections from members plus the collection of an additional 4 percent of outstanding past-year dues after the project launched.
Billhighway is the foremost provider of cloud-based accounting solutions tailor-made for nonprofit, donor and member-based organizations. Billhighway's suite of nonprofit accounting solutions lets organizations dramatically improve financial management, payment processing and online banking. The cloud solution easily configures and scales to address donor, membership and financial processing needs. Nonprofit organizations use Billhighway's accounting system to reduce expenses, increase cash flow and mitigate risk. More than 3,500 nonprofits trust Billhighway to seamlessly manage $5 billion in transactions. Billhighway is recognized for award-winning customer service and industry-leading data security. www.billhighway.co