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Billing and Payment Profiles & Best Practices 2011
The Ascent Group, July 2011
Sixth Annual Study
This report delivers the results of our research on billing and payment practices and technologies. This is the sixth annual study of billing and payment options conducted by the Ascent Group.
Research was conducted during the first and second quarters of 2011 to better understand how companies are improving practices and optimizing technology to increase billing and payment efficiency and effectiveness and reducing operating costs. We asked companies to share strategies and experiences to identify the practices that lead to higher productivity, reduced costs, and increased performance. We also asked companies to provide their plans moving forward as well as lessons learned along the way.
This report also profiles participants in a case study format, sharing current practices, lessons learned, challenges overcome, plans for the future, and business practices that have led to improved performance. In addition, we provide detailed results and analysis from the survey itself and detail 'best practices' demonstrated by our participants. Finally, we explore the successes achieved.
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