BILLING-1112 - USA (Bismarck, North Dakota) - Lockbox Receivable Processing Services - Deadline September 17,2020

Product (RFP/RFQ/RFI/Solicitation/Tender/Bid Etc.) ID: BILLING-1112

Government Authority located in Bismarck, North Dakota; USA based organization looking for expert vendor for lockbox receivable processing services.

[A] Budget: Looking for proposal

[B] Scope of Service:

(1) Vendor needs to provide lockbox receivable processing services for multiple types of payment processing depending on the participating entity to the government authority located in Bismarck, ND.
- Adequate staffing and support to service the Participating Entity in a timely manner during normal hours of operation.
- Separating payments from their corresponding paperwork.  
- Ensure all invoices are remitted with proper documentation and fees will be processed.
- Performing any necessary electronic scanning of the payments and corresponding paperwork.
- Offeror shall describe how Participating Entities will access the electronic secured format proposed for their solution.
- Providing for the safety and security of those Participating Entity employees physically receiving and initially processing the mailed payments.
- Reduction of state resources spent on handling the mailed payments and remittance invoices.
- Securely processing the payments and invoices via electronic transaction processes in which the contractor’s lockbox functionality provides for direct communication with the participating entity’s electronic payment processing systems.
- Provision of detailed reports, electronic tracking, and transparency to the participating entity and state throughout the processing of payments.
- Payments must be reconciled daily.
- Must have options to run reports and research items with discrepancies.
(2) All questions must be submitted no later than September 4, 2020.

[C] Eligibility:

- Onshore (USA Organization Only);

[D] Work Performance:

Performance of the work will be Offsite. Vendor needs to carry work in their office location.

Expiry Date : Thursday, 17 September, 2020

Question Answer Deadline : Friday, 4 September, 2020

Category : Billing Services

Country : USA

State : North Dakota

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