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Straight-Through Billing

Paragon provides a Straight-through Billing solution that compresses payment cycle time, lowers risk and reduces costs per transaction. The solution also provides a flexible, cost-effective infrastructure to enable business expansion through real-time processing and access to enterprise data. Paragon initiates the solution with its Roadmap to Straight-through Processing™, which incorporates a proven methodology suited for process optimization, systems integration and technology implementations. Clients, who have implemented the solution, have the ability to automate the loading of data from multiple sources into the billing platform and have eliminated repetitive work through upstream quality assurance controls. Product management and sales can access more accurate information regarding transactions, and customer service and retention improvements are also realized.