ITHACA, N.Y., Oct. 6 /PRNewswire/ -- RP Solutions (http://www.rpsolutions.com), an inspired remittance processing and payments solutions provider, today announced that Jim Mills, VP Business Development, RP Solutions, will deliver a presentation entitled "What Every Utility Should Know About Check 21" at the upcoming Utility Payment Conference, on Wednesday October 20th, beginning at 8:45am. The 13th Annual Utility Payment Conference is scheduled to take place at the Hilton Hotel & Spa in Richmond, Virginia, October 18- 21, 2010.
Jim will speak about Check 21 being a critical element of any Utility's overall payment processing strategy. "With today's increased focus on automation and electronic payments, successful remittance processors are optimizing their operations for all presentment methods and all clearing channels," said Jim. "Utilities should be looking for remittance processing products that are Check 21 capable to improve operational efficiency, reduce costs and offer faster funds availability. It surprises me how many businesses still transport paper checks to their bank, when they could be sending an electronic Image Cash Letter (ICL) file - quickly and conveniently."
"In this session," Jim continued, "we'll review what Check 21 is, how it works and the benefits it brings to a remittance operation. We'll discuss the pros and cons of Check 21 versus other electronic payment methods, namely ACH. And we'll review the steps for utility companies to implement Check 21, thereby allowing them to scan their incoming checks and send electronic deposit files to one or more banks."
A veteran of the payment processing industry, Jim has over 20 years of senior executive experience in the financial industry having served at Northwest Financial Corporation as COO, Data Management Products, Inc. (DMP Payment Systems) as President and Director of the Board, First Integrated Systems (FIS) as President and NCR Corporation as District Sales Manager. Jim joined RP Solutions in 2009.
ABOUT RP SOLUTIONS, INC.
RP Solutions is an inspired remittance processing and payments solutions provider. With over 15 years of payment solutions experience, RP Solutions helps organizations realize the benefits of Check 21 and electronic payment processing with highly customizable solutions. From expert design consultation to on-site implementation to exceptional support, RP Solutions is well known for delivering a superior customer experience. For more information visit http://www.rpsolutions.com.
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