Software-as-a-service provider BillingTree has developed an educational compliance tool to help companies follow payments regulations.
The BillingTree Compliance Suite portal provides up-to-date compliance information, training and assessments, the Phoenix-Ariz.-based digital payments company announced Nov. 6.
The suite also provides access to various management solutions to payments compliance issues. The automated tools help companies define, implement, assess, refine and track policies and procedures, BillingTree says.
Compliance Suite has three components an online portal to provide timely compliance news and templates to support best practices; an online self-paced training program that explains regulations for all forms of payments, from cards to ACH to automated phone orders; and a complaint tracker for resolution management.
Companies using the online compliance coach pay $199 for the service for a single user and receive access to all of the compliance information and templates. Pricing for the complaint tracking service would depend on the number of users, BillingTree says.
Those purchasing the compliance suite do not need to be current BillingTree clients.
BillingTree says its online services have helped more than 1,200 customers eliminate manual processes and automate their payment cycles. Most recently, BillingTree focused on the auto industry to help auto dealers accept car payments and repair payments with less paperwork.