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IT Outsourcing BPO
You Can’t Beat Free

CheckFree is number one.

The company’s i-Solutions offering was rated tops in satisfaction and market share among U.S. consumer billers that use vendors to present bills to their customers via the Internet, according to Gartner’s survey of 139 U.S. consumer billers in five major consumer billing industries.

On a scale of 1 to 7 (with 7 being very satisfied), CheckFree earned a 6.0 rating — at least one point higher than its nearest competitors.

In market share, CheckFree ranked first among users and those companies planning to make a choice among vendors by year-end 2003.

CheckFree earned a 36-percent share among users, with another 4 percent planning to sign on to CheckFree.
Other vendors mentioned, but with notably less market share, were eDocs and Metavante, followed by Avolent, Group One, Oracle and Output Technology Solutions.
Another 13 percent of the billers used home-grown solutions.

Annual revenue for surveyed billers in the telecommunications, utilities, lending, credit-card and insurance sectors topped $100 million, with 60 billers achieving more than $1 billion in revenue.
One major reason for CheckFree’s success is that it dominates all aspects of the consumer electronic bill payment market.

 

 
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Outsourcing Essentials...
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Outsourcing Exchange
2003 Buyer’s Guide: Mastering the
Outsourcing Process
Repairing a Bad Contract
BPOs New Look
Pay As You Go
Vendors Make Money Too
Customer No-Nos
The CFO Dance
Web Exclusive Content
Offshore Bets Still On
Financial Services Firms Embrace Offshore
You Can’t Beat Free
 
 
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