BillingTree Partners with Shaw Systems to Provide Integrated Payments for Financial Service Companies

BillingTree®, one of the nation’s leading payment solutions providers, today announced a strategic partnership with Shaw Systems Associates, Inc., an established software solutions provider serving North America’s top financial services companies.

The partnership will enable Shaw’s COLLECTIONS™, RECOVERY™ and RETAIL™ software clients to gain access to BillingTree’s integrated services to accept payments directly from their software, including electronic debits for checking and savings accounts, and debit and credit card transactions. Additional benefits include enhanced self-service offerings related to making payments online, via Interactive Voice Response (IVR) and mobile. Payments taken through BillingTree will integrate directly with Shaw’s system, increasing efficiency for lenders while offering added convenience and accountability through existing and expanded channels, decreasing customer payment delinquencies and defaults.

“Shaw’s clients appreciate the many new services and enhancements that our strategic alliance program offers them, and by incorporating BillingTree’s payment technology, it enables them to make it easy to accept payments and simplify their billing and receivables processes,” commented Cyndy Stone, Chief Operating Officer at Shaw Systems. “We look forward to a dynamic partnership that delivers the latest in payment technology yet requires minimal resources for our users to implement and adopt.”

“We are delighted that Shaw Systems has selected BillingTree for a strategic alliance and partnership. Shaw is a leading provider of collections and recovery solutions for the financial services sector, and is particularly strong in auto finance – a key growth market for BillingTree,” commented Marya Ulis, Auto Finance General Manager at BillingTree. “We look forward to working together to provide our current and future joint customers with the most comprehensive and compliant solutions on the market.”

Shaw Systems Associates is a financial technology company specializing in loan and lease servicing, collections and recovery management software.  The company’s enterprise solutions process millions of accounts daily and support more than $300 billion in assets for clients ranging in size from the world’s largest financial institutions to the local community bank.  Since 1967, Shaw has had a singular focus on credit management software, enabling the company to devote all of its innovation and expertise to providing a customized, cost-effective solution delivered in a commercial off the shelf package.  Visit www.shawsystems.com to learn more.

The proven leader in on-demand payment processing, BillingTree empowers customers with competitive advantage through a simplification of the billing and receivables process. By delivering the most innovative technology while making it as easy and inexpensive as possible to accept payments, BillingTree has revolutionized the payments landscape. Our software-as-a-service (SaaS) model delivers industry-leading payment solutions, proven integration, and point-and-click simplicity. BillingTree’s focus on innovation has allowed us to help more than 1,200 customers eliminate manual processes and automate their payment cycles. For more information, visit www.mybillingtree.com or call 877.4.BILLTREE.