| Business Summary | | Billserv,
Inc.
is
an
electronic
bill
presentment
and
payment
(EBPP)
service
bureau
providing
billers
complete
outsourced
solutions
for
presenting
bills
to
consumers
for
payment
via
the
Internet.
Billserv
serves
as
an
intermediary
between
billers
and
bill
presentment
aggregators,
such
as
CheckFree
and
TransPoint,
electronic
banking
systems
and
Internet
portals.
billserv.com
consolidates
customer
billing
information
from
multiple
billers,
and
securely
delivers
it
to
aggregators
for
presentment
to
consumers.
Any
company
that
sends
recurring
statements
can
benefit
from
billserv.com's
services.
These
include
utility,
cable,
telecommunication,
financial
service,
and
large
volume
print-house
or
paper-based
service
companies.
eServ,
a
service
provided
by
billserv.com,
allows
billers
to
outsource
their
EBPP
services,
and
rely
on
Billserv
to
manage
systems,
relationships
and
the
delivery
of
information
to
the
many
Internet
front-ends
that
consumers
may
choose
to
view
and
pay
bills. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Billserv,
Inc.
is
an
electronic
bill
presentment
and
payment
(EBPP)
service
bureau
providing
billers
complete
outsourced
solutions
for
presenting
bills
to
consumers
for
payment
via
the
Internet.
For
the
six
months
ended
6/30/01,
revenues
totalled
$1.2
million,
up
from
$52
thousand.
Net
loss
before
accounting
change
fell
52%
to
$5.8
million.
Revenues
reflect
the
onset
of
production.
Lower
loss
benefitted
from
the
absence
of
$7.5
million
in
warrants
expenses. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Michael Long, 56 Chairman,
CEO, | $199K | Louis Hoch, 35 Pres,
COO, | 165K | Terri Hunter, 38 CFO,
Exec. VP, Director | 95K | Anthony Diamond, 41 Sr.
VP of Sales and Marketing | 61K | Dollar amounts are as of 31-Dec-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|